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Emirates Business24|7
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The Numbers
Dirham | Pound
5.83
(0.45%)
Dirham | Euro
5.10
(0.20%)
Dubai Index
1646.80
(0.98%)
World News :LeftRight
Drop in Eibor yet to benefit consumers
Drop in Eibor yet to benefit consumers
Banks in the UAE have yet to pass on Eibor rate reduction in their cost of funding, say experts.
More News
Dubai draws up policies for judicious use of utilities
Dubai draws up policies for judicious use of utilities
Dewa annual plan will ask bulk customers to carry out energy audits.
M&A of securities brokerage firms part of consolidation
M&A of securities brokerage firms part of consolidation
Al Ramz Securities buys National Financial Brokerage in wake of tight market conditions.
Credit rating firms resigned to more withdrawals in GCC
Credit rating firms resigned to more withdrawals in GCC
Tough credit environment could lead to more issuers withdrawing from rating agencies.
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No immediate recall plans: Al Futtaim
No immediate recall plans: Al Futtaim
Local Toyota distributor has no plans to recall any vehicles immediately.
Work on Olgana will begin in second or third quarter: Abyaar
Work on Olgana will begin in second or third quarter: Abyaar
Developer works out a new payment plan for the project.
Saudi Dar Al Arkan to issue $500m-$700m sukuk
Saudi Dar Al Arkan to issue $500m-$700m sukuk
Sukuk by the kingdom’s largest developer could be priced to yield between 10.5-11%.
Central Bank sees drop in emergency fund withdrawal
Central Bank sees drop in emergency fund withdrawal
Banks have stopped withdrawing funds from the Central Bank's liquidity support facility.
German group to open up to 15 hotels in Mena by 2020
German group to open up to 15 hotels in Mena by 2020
Oetker Hotel Collection plans to open its first regional hotel by 2012.
All is not fair and lovely in beauty campaign
All is not fair and lovely in beauty campaign
Fairness cream allegedly uses photo touch-ups to claim desired results.
Cutting red tape for sad expats
Cutting red tape for sad expats
Dubai firm helps residents repatriate the body of a loved one.
A hope for animals
A hope for animals
RAK shelter is a haven for abused and neglected pets.

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Feb.08Chinese year of Tiger boosts spending
Feb.07iPad fuels 'widgetization' of media
Feb.07Toyota's president apologizes
Bode talks about selling high-end bikes in a recession - Business Breakfast, Feb 8
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El Tawil talks about the company's 'Top-Ten Communication Trends' for 2010 - Business Breakfast, Feb 8
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Madden talks about news that Dubai could be 'twinned' with Los Angeles - Business Breakfast, Feb 8
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David Robertson is the business correspondent of The Times of London. He covers strategic industries including defence, aerospace, aviation and natural resources. He is a former investigative news reporter with the Sunday Times in London and has
The battering Toyota has received must encourage executives to think carefully about how to handle a crisis in their own organisation.
Martin Baker is a journalist, author and commentator on international business affairs.
Guy Hands was one of the more high-profile businessmen to leave the UK and become a tax exile in Guernsey.
Julian Bene writes opinion for  Emirates Business .
It looks like a number of the industrialised countries face both debt and growth hurdles going forward.
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