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ADNEC officially launches ExCeL London Phase 2 London venue to become one of Europe's largest.
Summary: Abu Dhabi National Exhibitions Company has announced that work has officially commenced on the Phase 2 expansion of its ExCeL London exhibition & conference centre in the UK capital. Abu . . .

Despite global economic crisis, Gulf region continues to attract business and jobs.
Summary: Despite the soaring inflation and rising prices, doing business in the Gulf States is still very attractive, a recent poll conducted by Leaders Presents revealed. More than 83% of . . .

Increased public spending in GCC drives ICT market.
Summary: Governments across the Gulf States are looking to invest in high-end ICT solutions at this yeareIUs GITEX TECHNOLOGY WEEK as government revenues continue to soar due to record oil prices. . . .

Dubai World forms Dubai Natural Resources World.
Summary: New company aims at long-term investments, sustainable development In response to tremendous growth opportunities in global natural resources business sector, Dubai World has announced . . .

Dubai stocks fall by over 8 percent.
Summary: Gulf stock markets continued to drop on Wednesday amid fears the region will be hit by the global economic turmoil. Gulf stock markets continued to drop on Wednesday amid fears . . .

Mubadala, Veolia Water set up JV.
Summary: Mubadala Development Company (Mubadala) and Veolia Water have signed agreements to create a joint-venture company that will focus on water production and waste water collection and . . .

AMD, ATIC establish The Foundry Company.(Company overview)
Summary: AMD [NYSE: AMD] and the Advanced Technology Investment Company (ATIC) of Abu Dhabi have announced the creation of a U.S.-headquartered, leading-edge semiconductor manufacturing company . . .

Al-Shoala and Emaar sign SR 27 billion joint venture to develop 31 million sq m Rawabi Rumah mixed-use project.
Summary: Al-Shoala and Emaar sign SR 27 billion joint venture to develop 31 million sq m Rawabi Rumah mixed-use project Prince Meshal Bin AbdulAziz Al Saud, Chairman of Saudi Arabia's Bayah . . .

Abu Dhabi's real estate projects to hit US$500bn.
Summary: Abu Dhabi, the richest city in the world, has seen its gross domestic product (GDP) soar from US$40.6 billion in 2002 to US$108.9 billion in 2007 (more than 8 per cent per annum). Abu . . .

Public sales of residential apartments in Raffles City Bahrain to be launched at Cityscape Dubai 2008.
Summary: CapitaLand, the Asian real estate developer of Raffles City Bahrain, today announced that sales of residential apartments in the integrated waterfront development located in the prime . . .

Credit crunch a 'golden opportunity'.
Summary: Increasing role seen for Islamic finance as industry's premier international forum meets for first since global market turmoil The global credit crunch is a blessing in disguise for . . .

Memon Investments acquires 5 plots worth over AED 228 million in Jumeirah Village South.
Summary: Developer to launch 5 residential and mix-use towers within high profile community development collectively valued at AED 1.3 billion Memon Investments, a leading Dubai-based property . . .

Royal Ranches Marrakech' closes land sale with Equine Management Services.
Summary: Royal Ranches Marrakech, one of Gulf Finance House's flagship projects in Morocco today announced the sale of approximately 40% of purchasable land for sale to Equestrian Management . . .

Overnight Interest rate Update.
Summary: Overnight Libor Rates (17:00 GMT) Current Yesterday USD 3.79375 6.87500 EUR 4.26875 4.44875 GBP 4.96250 6.78125 JPY 1.16250 1.03125 CHF 3.95833 3.33333 CAD... Overnight Libor Rates . . .

Forex Seasonality Studies: New Zealand Dollar Rallies in October.
Summary: Forex trading market seasonality is an effect widely studied as a primary mover of major currency pairs, as long-term studies suggest that certain seasonal... Forex trading market . . .

Forex Seasonality in the Japanese Yen.
Summary: The Japanese Yen is one of the most historically seasonal currencies in the forex universe, but we see relatively little in the way of seasonal trends... The Japanese Yen is one of the . . .

Forex Seasonality in the New Zealand Dollar.
Summary: The New Zealand dollar has rallied in seven consecutive months of October, showing fairly strong forex seasonality through that stretch. Of course it serves... The New Zealand dollar has . . .

Forex Seasonality in the Euro/US Dollar.
Summary: The EURUSD has remained effectively remained unchanged in the past 9 months of October, and it seems there is little seasonal trend in the heavily-traded... The EURUSD has remained . . .

Forex Seasonality in the Canadian Dollar.
Summary: The Canadian dollar shows an unclear forex seasonality trend, but we do nonetheless note that the USDCAD has actually fallen sharply in 4 of the last 6... The Canadian dollar shows an . . .

Forex Seasonality in the Swiss Franc.
Summary: There is no clear forex seasonal trend in the Swiss Franc through the month of October, as the USDCHF has on balance remained unchanged through the month... There is no clear forex . . .

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