Fw: Dubai-Related Media Coverage - Wednesday 30-Sep-09 (morning)
From: Brand Dubai
Date: Wed, 30 Sep 2009 10:48:32 +0400
To:
Subject: Dubai-Related Media Coverage - Wednesday 30-Sep-09 (morning)
مكتب دبي للشؤون الإعلامية
dubai media affairs office
brandubai
News and analysis that could affect the status of Dubai as a Global City
Favorable
Dubai International Airport `on Track' to Set New Passenger Traffic Record in 2009 Kbaleeit limes By Issae John - Dubai International posted three consecutive months of double-digit growth till August this year, and is well "on track to set a new record" of exceeding 40 million passengers by end-2009, according to Paul Griffiths, CEO of Dubai Airports. TAGS:Faiyrable. Feature. Dubai. Transportation
Home furnishing retailer Crate & Barrel enters franchise agreement with Al Taver Group to open stores in the Middle East next year I imous Media-"Dubai represents an excellent growth opportunity and launching pad to extend our brand internationally," says Crate & Barrel's CEO. TAGS:Favorable. Press Release. Dubai. Dubai as Regional Hub
Emirates Steel says sales and output up Reuters — State-owned Emirates Steel Industries boosted steel output and sales in the third quarter from the second quarter... "We ramped up the mills so we are running at full capacity of 1.8 million tonnes per year," a top executive said. TAGS: Favorable. Neste Story. UAE. Economy
Unfavorable
No big project launches seen at Cityscape Reuters-Dubai's top property exhibition, once the stage where multibillion-dollar developments were announced, will be a smaller and more reflective affair this year as the cash-Strapped industry licks its wounds. TAGS:Unfavorable. Feature. Dubai, Real-F:siate/Construction
Build it and they will come — and stay MediaMek By Ben Flanagan — The comparison between Dubai Media City and twofour54 is stark. The former is sometimes unkindly referred to as a 'glorified landlord', making its money by charging high rents, with little interest in the actual business of media... TAGS:Unfavorable. Editorial/Opinion/Op-Ed. UAE, Media
Cooking ban hurts workers The. ational By Flaveen Menon -"This is the first time I am seeing anything like this happening," Mr. Rahman said. "There is no place to eat for us. We cannot afford to eat at restaurants every day." TAGS:Unfaivrable. News Story. Dubai. Employment/Labor
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Neutral
Amlak and Tamweel likely to emerge as Islamic hank with AED 5 billion in capital (Arabic) Al Khaleej — TAGS: Neutral. News Stork: Dubai. Banking/Finance
Lagoons buyers offered new deal The National By Bradley Hope - Property investors who bought homes in the stalled Lagoons project in Dubai are being offered alternative apartments within Executive Towers or Jumeirah Beach Residences. TAGS: Neutral. News Story: Dubai, Real-Estate/Construction
Dubai to open doors to funds The NationalBy Ula Hamischfcgcr - Dubai's financial services watchdog is expected to liberalise the rules governing its funds industry to attract more of the investment vehicles to the emirate. TAGS: Neutral. News Stork: Dubai. Banking/Finance
Because I heart Dubai too Alaktoob Business By Mishaal al-Gcrgawi - We did not want our wake up call to be this bad; I surely didn't want the price for my lesson to be 80% depreciation in the real estate that I own. But we're here and we should have a frank debate on how to move forward. TAGS: Neutral. Editorial/Opinion/Op-Ed. Dubai. Dubai as Regional Hub
Architect major sees cash shortfall from developers Arabian Business (e) By Alex Delmar-Morgan - Global architect firm RMJM, which designed Dubai's iconic Emirates Towers, has admitted it may never see all the money that it is owed by UAE developers. "That is part of risk in business..." says RMJM's director of global emerging markets... TAGS: Neutral, Feature. Dubai. Real-Estate/Construction
Revamped Olympic Air to axe European routes Financial Times By Kenn Hope - Martin Investment Group, the Dubai-backed Greek investment holding company which paid $257m for the assets of the state-controlled Olympic Airlines and took over management in March, aims to make the "new" Olympic a competitive full-service carrier in southern Europe and the eastern Mediterranean. TAGS: Neutral, News Story. Dubai. Overseas Investments
UAE wants its fighters its own way The National By Ivan Gale —Upgrades and modifications have been a central theme of the UAE's arms deals since the 1980s as it faced a major constraint in its homeland security efforts: manpower. TAGS: Neutral, Feature. UAE. Politics
Middle East tourism shows sign of turnaround, UN report says The National By Rebecca Bundhun - Tourist numbers fell 13% in the first seven months of the year compared with the same period last year, the UN World Tourism Organisation reported... Globally, there was a 7% drop in tourism this year to July... TAGS: Neutral. Research/Analyst Report, GCOMENA. Tourism/Lifestyleaports
Other Headlines
Dubai Police arrest two for stealing mobile phones worth Dh3 million from Jebel Ali warehouse
Nineteen of 22 schools in Dubai that were rated "unsatisfactory" by education chiefs last year will not be included in the full inspection to begin in October
Police and forensics experts from across the country will meet to consider setting up a nationwide DNA database
UAE has given tens of billions in foreign aid
Abu Dhabi hotel star system launched
Population census to be held in April 2010
Newsweek selects the late Sheikh Zayed amongst the top 10 leaders who changed the world (Arabic)
Monetary Union between Saudi Arabia Kuwait Bahrain and Qatar to be Ratified by Year-end
Gulf finance leaders warn banks not to expect government bailouts in the event of financial catastrophes created by defaulting borrowers
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Nayefsrise muddies UAE KSA future The National By Sultan Sooud al-Qassemi — If Nayef is next in line to the throne, the UAE has a dilemma because he has been party to most of the major bilateral diplomatic incidents for nearly four decades. TAGS: Other Headlines. Editorial/Opinion/Op-Ed. GCCIMENA. Polities
Kuwait denies losing $94 billion as reported by UN agency (Arabic)
Qtel says it has completed syndication of a $2 billion loan facility for general corporate purposes including refinancing existing debt
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