The BI-ME eNewsletter
1st August, 2010, 03:11
Posted: July 31, 2010
UAE. ADCB posted second quarter loss of AED531 million (US$144.7 million); Exposure of AED6.6 billion (US$1.8 billion) to Dubai World.
INTERNATIONAL. Research In Motion plans to introduce the Blackpad, a tablet computer, in November to compete with Apple's iPad.
INTERNATIONAL. The US$1.9 million Koenigsegg CCXR and US$550,000 Lamborghini Murcielago LP670-4 SuperVeloce, both in light blue, were illegally parked outside the Knightsbridge shop last week.
QATAR. Qatar Tourism Authority report shows a positive rise in occupancy rates and revenues due to an increase in tourism and events.
MIDDLE EAST BUSINESS SECTORS
MIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: July 31, 2010
INTERNATIONAL. Peter Grauer, the Chairman and CEO of Bloomberg, is a man with a mantra and he repeats it every chance he gets: "We have an aspiration at Bloomberg to become the most influential news organisation in the world."
date:Posted: July 31, 2010
LEBANON. Half of TMT organizations find inadequate budgets to be biggest barrier to keeping information secure as cyber crime, piracy and fraud become growing global reality.
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date:Posted: July 31, 2010
INTERNATIONAL. If the DJIA where to fall by more than 20% from the present level there would be further massive fiscal and monetary stimulus packages, not just in the US but worldwide.
MIDDLE EAST COUNTRIES
INTERNATIONAL. The carrier's pretax loss grew 10.8% to US$257.5 million for the three months to the end of June, while revenues fell 2.3%.
INTERNATIONAL. Prince Sultan Bin Salman Bin Abdulaziz Al Saud, the Saudi Minister of Tourism and Antiquities was interviewed Wednesday on CNN's 'icon' show about the Roads to Arabia exhibition at the Louvre in Paris.