ArabianBusiness.com - Middle East Business News
Thursday, 20 November 2008 19:20 UAE time

YOUR DIRECTORY /

Super-tanker owners 'in negotiations' with pirates

Super-tanker owners 'in negotiations' with pirates

Transportation
Saudi Arabia's foreign minister says company is in talks over Sirius Star hijack.

Abu Dhabi roads death rate 'twice UAE average'
Transportation
Car crashes are number one cause of death in capital, official figures show.

Premium air traffic in Mideast tumbles 14%
Transportation
Premium transit traffic between Europe, Mideast and Far East also drops dramatically in September.

Indian navy destroys pirate ship; tanker ransom demanded
Transportation
UPDATE 3: 'Mother ship' sunk but more hijackings reported off Somali coast.

more »MIDDLE EAST TRANSPORTATION COMMENT

Capital gain
As companies across the globe are feeling the economic slowdown, the Middle East is one of the few safe havens left in the aviation world.

Donna Richardson  

As one door opens…
While the ever-expanding Dubai International opens its new terminal, BAA is set to lose its second-largest hub.

Sarah Cowell

EDITOR'S CHOICE

  1. Amlak suspends new mortgage loans »
  2. Finance still most popular jobs sector: survey  »
  3. Premium air traffic in Mideast tumbles 14% »
  4. First Gulf in share buyback »
  5. Bollywood star chosen for 'Atlantis Goddess' role »

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Saudi prince ups stake in US banking giant
  2. Lenders ramp up interest rates on home loans

Construction & Industry

  1. Luxury hotel fitter expects to see Dubai slowdown
  2. Global crisis 'yet to seriously hit Gulf construction sector'

Culture & Society

  1. Pop star to give evidence in Bahrain lawsuit case
  2. Finance still most popular jobs sector: survey

Education

  1. UAE education chief reveals $2bn strategy
  2. Saudi hikes student allowance by 50%

Energy

  1. Oil price falls to lowest mark since Jan 2007
  2. Ras Al-Khaimah grants 25-yr oil concession

Healthcare

  1. Manslaughter charge doctor has licence suspended
  2. UK entrepreneur in Qatar biomedical venture

Islamic Finance

  1. ISDA to launch sharia-proof derivative standard
  2. Sukuk to recover in 2009 - BNP Paribas

Media & Marketing

  1. Cirque du Soleil returning to Dubai next year
  2. Emarat Al-Youm in dark over court ban

Personal Finance

  1. Lenders ramp up interest rates on home loans
  2. Amlak suspends new mortgage loans

Politics & Economics

  1. UAE pledges $550mn aid to Afghanistan
  2. Bahrain survey identifies skills shortage

Real Estate

  1. Sama Dubai reviews projects amid global crisis
  2. Developer puts new projects on hold amid global crisis

Retail

  1. Bin Hendi chief sees 20% fall in business
  2. Damas set to slow down 2009 expansion plans

Sport

  1. Determined UAE hold Iran to draw in World Cup qualifier
  2. Australia break Bahrain hearts in World Cup qualifier

Technology

  1. Software boost as ID card registration rush continues
  2. I-Mate not going under, CEO says

Transportation

  1. 'Business as usual' for Saudi oil export shipping
  2. Bahrain Navy awards contract to UAE shipbuilder

Travel & Hospitality

  1. Luxury hotel fitter expects to see Dubai slowdown
  2. Bollywood star chosen for 'Atlantis Goddess' role

more »MIDDLE EAST TRANSPORTATION EVENTS

UPCOMING EVENTS

  1. Understanding the Freight Business
    16 November 2008 | Doha, Qatar
  2. Understanding the Freight Business
    16 November 2008 | Dubai, United Arab Emirates
  3. International Automobile Show
    18 November 2008 | Sharjah, United Arab Emirates
See all events »

MORE TRANSPORTATION STORIES

  1. $1.5bn worth of deals struck at aircraft show
  2. German, Singapore operators win Saudi airport contracts
  3. Supertanker crew safe as yet another vessel taken
  4. EU clears DP World's Antwerp port joint venture
  5. 'Catastrophic' incident caused Iraq cargo plane crash
All Transportation news stories »

CURRENT TRANSPORTATION TENDERS

  1. Provide school transport services
    Saudi Arabia
    Closes on: 23 November 2008
  2. Supply tyre
    United Arab Emirates
    Closes on: 24 November 2008
  3. Supply spare parts for Renault trucks
    Jordan
    Closes on: 25 November 2008
More Tenders »

SPOT POLL

Following the temporary closure of Kuwait Stock Exchange, what do you think the future holds for Gulf markets?

Markets have reached a nadir and share values will now begin to recover.
Most sectors will soon recover but the real estate shares will suffer for some time to come.
The global financial crisis has only just arrived and markets are in for worse times ahead.
Many more companies will be forced to buy back shares in a bid to boost their value.
ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Regional Manager – Human Resources
    Industry: Shipping
    Location: Dubai, UAE
  2. Commercial Manager - Logistics
    Industry: Shipping
    Location: Dubai, UAE
Browse all jobs »

MOST POPULAR TRANSPORTATION STORIES

EMIRATES ID DOWNLOAD

READER COMMENTS

  1. Bahrain Navy awards contract to UAE shipbuilder 1
    20 Nov ' 08 at 04:34
    Its nice to see a UAE shipyard get a contract to build a navy ship - all these contracts should stay in the Gulf area if the yards are...  More »
  2. Premium air traffic in Mideast tumbles 14% 1
    20 Nov ' 08 at 08:56
    Forward bookings are also robust, with many flights already choc-a-bloc over the upcoming holiday months, the airline said in a...  More »
  3. Super-tanker owners 'in negotiations' with pirates 1
    20 Nov ' 08 at 10:14
    Its surprising and at the same time something to start thinking on. Nothing of the extraordinary was done to capture this ship; few...  More »
Read all user comments >

BUSINESS FEATURES

GM's skid quickens as crunch raises bankruptcy threat

General Motors is waiting to learn whether the auto industry will win a new round of government loans.

Money talks

Boeing Capital is confident in future investment from the Middle East as the region continues to order more aircraft.

Feeding fighters

Agility DGS CEO Dan Mongeon describes the challenges facing a private firm in a war zone.

BUSINESS INTERVIEWS

Weather the storm

Catherine Mayer, VP of airport services at SITA, explains the difficulties of operating on limited resources.

Turbulent times

Andrew Cowen of budget carrier Sama on how Middle Eastern airlines will fare in the coming months.

Sir easygoing

Serial entrepreneur and founder of low cost carrier easyJet Stelios Haji-Ioannou chats with Damian Reilly.

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