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Posted: 13-05-2008
INTERNATIONAL. Inflation has replaced unemployment as the most pressing short-term problem facing the Gulf economies, which are reaping the benefits of record oil revenues but do not have the tools available to cap rising prices, the International Monetary Fund warned.
UAE. in an unprecedented decision, Abu Dhabi government requests one day extension of Abu Dhabi's premier real estate investment and development showcase.
UAE. Minister Al Mansouri leads discussions with DUBAL and Russian diplomatic delegation.
UAE. The office property market, like the retail and residential segments, is expected to remain under-supplied over the short-to-medium term.
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MIDDLE EAST BUSINESS SECTORS

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: 13-05-2008
UAE. This report titled 'Abu Dhabi-A World Winning City in the Making' aims to capture and understand Abu Dhabi's future competitive position, articulated through Jones Lang LaSalle's ten principles of city competitiveness.
date:Posted: 13-05-2008
INTERNATIONAL. Larry Edelson examines two possible future scenarios for gold. In the latest issue of Money and Markets, Edelson takes a closer look at each scenario and how the Federal Reserve's efforts affect each.
date:Posted: 13-05-2008
INTERNATIONAL. After a dismal first quarter, April provided respite to equity market participants, with a global recovery in share prices.

MIDDLE EAST COUNTRIES

ALGERIA. African travel retailer Saresco Afrique is expanding from its new Dubai hub, and preparing to take over operation of two airport stores in Africa over the coming months.
INTERNATIONAL. The use of mobile phones for banking and remittances is growing worldwide, nowhere more so than the Middle East and Dubai where Mi-Pay is setting up its second data centre to support Middle East and African operators. In this interview Mi-Pay's CTO, Simon Cavill talks about some of the technical and regulatory challenges he is facing, as both the banks and mobile companies are converging on this hugely lucrative segment.