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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

Nomura bets on bridging cultural divide

Solar power’s prospects rise in the east

Comment: Egypt must put reforms first

Dubai ruler seeks to combat critics

The hidden victims of recession

Investment banks breathe again

Dubai signals a rocky recovery

Saudi Arabia set to reform commercial courts

Moody’s downgrades Dubai companies

Signs of revival for Dubai property

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