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Emirates Business24|7
Emirates Business24|7
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Dirham | Euro
4.661
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Opec to cut oil supply at December meeting
Opec to cut oil supply at December meeting
Most oil-producing nations mull another curb of 1.5 million barrels per day to avert the continued decline in fuel prices.
Nakheel denies talks over sale of firm
Nakheel denies talks over sale of firm
The developer has no plans to merge with other companies or to further slash jobs.
Retail selling may pressure Gulf before Eid
Retail selling may pressure Gulf before Eid
Investors’ move to cash out their shares could prompt an extended decline.
Qantas will remain Aussie, despite BA merger talks
Qantas will remain Aussie, despite BA merger talks
The alliance will create a carrier worth $5.2 billion and with bases on two continents.
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Central Bank's foreign assets fall but loans, advances surge
Central Bank's foreign assets fall but loans, advances surge
The country's foreign assets plunged by nearly Dh91 billion in the first half of 2008.
Adnoc moves to cut carbon emission
Adnoc moves to cut carbon emission
Company already reduced 80 per cent carbon stack emissions over the last 12 years.
GCC economic growth rate of 5% predicted
GCC economic growth rate of 5% predicted
SWFs and family businesses are likely to expand local and regional investments.
Dollar fall pushes dirham lower against major currencies
Dollar fall pushes dirham lower against major currencies
A fall in the dollar depressed the dirham in the first half of 2008 and stoked inflation.
Steel slowdown fears allayed by major producer
Steel slowdown fears allayed by major producer
Drop in demand and excess capacity will be temporary, says Zamil Steel.
Cathay Pacific to scale back cargo operations
Cathay Pacific to scale back cargo operations
Carrier offers staff voluntary unpaid leave, as 'serious downturn' in business bites.
British charities are no haven
British charities are no haven
High unemployment and fewer donations mean charities are doing it tough.
'Bailout' wins word battle
'Bailout' wins word battle
'Bailout' beats 'maverick' in US dictionary's word of the year contest.

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Dec.03Attacks fuel India-Pakistan tensions
Dec.03Business begins at 50
Dec.03US automakers offer turnaround plans
Rose explains the state of the UAE property market, and how much liquidity needs to be improved - Business Breakfast, December 3
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Bin Sulayem & Al Hatmi discuss National Day's relevance and the advancement in women's roles in the UAE - Business Breakfast, Dec
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Maratheftis talks about common currencies in the Gulf and Europe, and China's industrial malaise – Business Breakfast, December 3
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Cheap oil is not good in the long run
Low energy prices squeeze investment in the oil industry, reducing future supplies. They also discourage energy saving.
Reuters