Saturday 29 November 2014

0

MEETING FIFA REGULATIONS
Qatar unveils new designs for Khalifa stadium in Doha

Qatar has unveiled new designs for the renovation of the Khalifa football and athletics stadium in Doha, according to a report.

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1

POLICY CHANGE UNLIKELY
UAE may create body to monitor FX peg

An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the US dollar, but local bankers said any change to the peg remained very unlikely for the foreseeable future.

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2

GREAT DECISION: Al-NAIMI
Opec leaves output unchanged; oil down $3

Brent crude oil fell more than $3 to a fresh four-year low under $75 a barrel on Thursday after Opec decided not to cut production, despite a huge oversupply in world markets.

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3

ANALYSIS
How JPMorgan struck gold with copper

On the London Metal Exchange (LME), three-month metal was charging to the then all-time high of $9,550 per tonne, and front-month spreads were tightening, with reports showing a single entity controlling over half of all eligible stocks.

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4

TECHNOLOGY
Internet-connected device sector deals accelerating

Investment in the fast-growing market for Internet-connected devices gathered pace this year and is set to attract more top US technology and telecoms buyers of firms active in the market, a report from a merger advisory firm said on Thursday.

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5

IMAGE OF THE DAY
Elf on the Shelf

The Elf on the Shelf balloon floats down Sixth Avenue during the 88th Annual Macy's Thanksgiving Day Parade in New York November 27.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate
Retail & Wholesale

Lamborghini opens fashion store in Dubai

Collezione Automobili Lamborghini has opened its first Middle East store at The Dubai Mall recently, making it the world’s third for the company, according to a report.

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Energy, Oil & Gas

Pakistan in talks with Qatar for LNG imports

Energy-starved Pakistan is negotiating with Qatar to begin imports of liquefied natural gas (LNG) early next year, Pakistan's petroleum minister said on Friday.

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Finance & Capital Market
Analysis, Interviews, Opinions

Fat to blame for half a million cancers a year: WHO

Some half a million cases of cancer a year are due to people being overweight or obese, the World Health Organization's cancer research agency said on Wednesday.

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Industry, Logistics & Shipping

Dubai World sets meetings to put new deal to creditors

State-owned conglomerate Dubai World will meet with its creditors next week to formally present revisions to its multi-billion-dollar debt restructuring terms, three sources aware of the matter told Reuters on Thursday.

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IT & Telecommunications

Batelco hires Citigroup to sell Jordan unit

Bahrain’s leading telecommunication operator Batelco has mandated Citigroup to sell its Jordanian mobile operator Umniah, two sources familiar with the matter told Reuters.

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Lifestyle

Bentley unveils the new Grand Convertible

Bentley, a leading British luxury automaker, recently unveiled the Bentley Grand Convertible, the most sophisticated open-top car created by Bentley, at a Los Angeles Auto Show, US.

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Motoring

Al-Futtaim-led raids seize $9m fake auto parts

Al-Futtaim Motors, in partnership with several law entities of the UAE, conducted over 97 raids in the first nine months of this year, resulting in the confiscation of over Dh34.2 million ($9.3 million) worth of counterfeit car parts.

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Health & Environment

First gene therapy drug sets record $1.4m price

The Western world's first gene therapy drug is set to go on sale in Germany with a 1.1 million euro ($1.4 million) price tag, a new record for a medicine to treat a rare disease.

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Media & Promotion

Workz completes $1m upgrade of Dubai facility

Workz, a secure printing and supply chain services provider, has completed its $1 million upgrade of its Dubai scratch card printing facility, allowing it to increase running speeds by 30 per cent.

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Education, HR & Training
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