Last updated: 19:27 (GMT+04) Sunday, July 20, 2008.

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YOUR MONEY
	Latest Forex rates

Pearl Dubai to develop Dh2.5b Baccarat projects

Business

Why a high oil price could be a blessing in disguise

AVIATION

Dubai handles record passenger traffic in first half of 2008

Air Arabia flies 10 millionth passenger

BANKING AND FINANCE

Takaful Emarat begins trading on Dubai Financial Market

Commercialbank net profit soars to QR 1.04 billion

Gulf firms unaffected by US financial mess

Citigroup tonic gives strength to dollar

IMF urges Iran to raise rates to curb inflation

Fed official sends hawkish hint on rates

Asia could benefit as sovereign funds shun dollar

COMMENT AND ANALYSIS

Sarkozy can ensure EU and GCC reach trade pact

Evolution of the next 11 economies

Do you really fly economy class?

CONSTRUCTION

Steel costs keep soaring in UAE

ECONOMY

Oman braces as record inflation dominates first half of 2008

GENERAL

Arab unemployment likely to rise 14%

Dubai's Khan Murjan offers shopping experience in ancient Arabia

DMCC will relocate to own offices at Almas Tower from Tuesday

LG expects 40% jump in Middle East and Africa revenues

Sabic profit rises 16.5% to record $2.02b

INDUSTRY

Dubai Duty Free closes in on $1 billion record sales target

INTERNET

Global revolution in store as online retail sales soar

INVESTMENT

UAE plans Dh190b heritage investment

Saudi Arabia's Savola plans $1.7b expansion

Kuwait to raise investments in Asian equities and realty

MARKETS

Pakistan government must act to stem market crisis

Political turmoil weighs on India Sensex

DEMC acquires majority stake in Prisme International

OIL & GAS

UAE's oil revenues to cross $100b

Reduction in US-Iran tensions checks crude's rally

Oil hedges turn toxic for weak balance sheets

REAL ESTATE PROPERTY

Arabtec to build 550 villas at Warsan Development

Deyaar boosts 2008 first-half net profit to by 266 per cent

Contest for tallest tower in the Gulf hots up

M Holding acquires Dh615m freehold plots in Dubai's Mirdif

Al Fara'a unveils Dh1b tower project in Dubai

Kuwait's Al Madina invests millions in UAE property

SHIPPING

Jebel Ali Port welcomes its biggest 'guest' in 30-year history

Dubai Maritime City to handle sea-related tourism activities

TELECOM

Population growth to push UAE telecom expansion

Omantel signs deal for fibre optics cable

Saudi's Mobily profit soars 47%

TRADE

WTO on slippery ground over EU banana imports

MORE STORIES FROM Business

BANKING AND FINANCE
	$500m Islamic loan for Enoc unit
	National Bonds registers Dh1.4b sales
COMMENT AND ANALYSIS
	High oil could be a blessing in disguise
ECONOMY
	Map of the global food crisis
GENERAL
	DEMC acquires majority stake in PRISME International
	Saud charts out RAK's economic future
HOTEL & TOURISM
	Dh2.5b budget for Baccarat projects
INTERNET
	Web threatens MidEast business growth
REAL ESTATE PROPERTY
	Tiger Woods Dubai invites bids
	Iraq to have $100 million luxury hotel
	Long-term visa proposed in RAK
TECHNOLOGY
	Wearable gadgets are in
	The degeneration of online debates

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