The BI-ME eNewsletter
21st November, 2009, 05:55
Posted: November 20, 2009
UAE. Dubai ruler Sheikh Mohammed Bin Rashid Al-Maktoum tightened the control of the emirate's largest holding company, the Investment Corporation of Dubai.
INTERNATIONAL. US television superstar Oprah Winfrey will on Friday announce that her talk show will end in 2011, her production firm said.
UAE. Lee Westwood is back on course for a US$2.6 million jackpot on Sunday following a day of amazing twists and turns at the Dubai World Championship.
INTERNATIONAl. The leaders of the 27-member bloc also chose a woman for the second top job, British commissioner Baroness Ashton, who will be the EU's new foreign policy chief.
MIDDLE EAST BUSINESS SECTORS
MIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: November 19, 2009
INTERNATIONAL. A majority of investors expects the US Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November.
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date:Posted: November 19, 2009
INTERNATIONAL. Faber said, considering the size of the stimulus packages and the monetary printing, the US economy hasn't responded well. What have responded well are asset markets but unemployment is horrrible and the typical household is suffering.
date:Posted: November 18, 2009
INTERNATIONAL. The global health industry is worth around US$4.2 trillion. As GCC countries continue to develop world class healthcare systems, they must avoid pitfalls of the developed markets, according to AT Kearney.
MIDDLE EAST COUNTRIES
UAE. Abu Dhabi's First Gulf Bank has raised US$500 million with a 3-year conventional bond for general corporate purposes.
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The dollar is on death row with no one prepared to grant a stay of execution, says Louis JamesPosted: November 18, 2009
INTERNATIONAL. This situation gives rise to increasingly positive prospects for gold and other commodities that may ultimately stand in as the world's reserve currency. And there are some pretty hot speculative prospects - Louis' 'best of the best' - waiting in the wings for the market's next big leg down.
