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Alabbar upbeat on Dubai growth prospects
Dubai's economy could grow by about 5 per cent this year, says one of the emirate's top officials, in one of the most upbeat recent forecasts about the city's prospects
Iraq woos French investors
The Iraqi government has stepped up its efforts to encourage French business to invest in the oil-rich country, telling Total it could expect favourable treatment
Sharjah companies set fair for recovery
Sharjah’s vibrant community of small and medium-sized businesses has found plenty of opportunities over the past decade but its close economic link with Dubai has proved less beneficial of late
Inflation rears its head again in Egypt
The country’s central bank has blamed the ‘transitory’ problem of rising fruit and vegetable prices caused by a poor harvest for a surge in the headline rate
Ultra-orthodox protesters target Intel
Crowds of ultra-orthodox Jews protest at Intel’s new Jerusalem site over its operating on the Sabbath, posing a threat to the city’s hopes of attracting high-tech companies
Travails test Alba’s mettle
The Bahraini aluminium producer has had to adapt in order to survive a catalogue of problems, including a corruption inquiry, plunging prices and a change of management
Egyptian bourse becomes Arabian star
The stock exchange’s impressive performance since the start of the year and supporting economic factors are earning glowing reviews from financiers
Comment: Oil wealth must be used prudently
Revenues from hydrocarbons should be invested effectively to ensure long-term economic development, rather than frittering it away on unsustainable property booms
Yemen gas investors set sail in choppy water
President Ali Abdullah Saleh insists Yemen’s LNG project will unify the country, but natural gas prices have collapsed with the economic downturn and his country is dealing with political instability
Qatar to issue second sovereign bond
Qatar is set to return to the credit markets with another bumper sovereign bond amid optimism about its fast-growing economy
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