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Friday 14 September 2007 (03 Ramadan 1428)

Rise in Oil Revenues Fuels Growth of Luxury Car Market

RIYADH, 14 September 2007 — The sales of Hyundai cars in the luxury segment surged by 12 to 15 percent last year, a senior executive of Hyundai Motor Company (HMC) told Arab News. The growing... Full Story


Will Additional Crude From OPEC Make a Difference?

DAMMAM, 14 September 2007 — With consumer sentiment already on edge and the traditional rise in crude demand in the fourth quarter to meet the seasonal demand for heating fuel, the 145th OPEC meet... Full Story


Strictly Business: SGH GROUP

Lebanese President Emile Lahud presented the national medal of cedar (Grade Knight) to Saudi German Hospitals Group CEO Sobhi Batterjee at the presidential palace in Beirut recently. Batterjee was... Full Story




UAE Most Likely to Revalue Currency, Says Survey

DUBAI, 14 September 2007 — The United Arab Emirates is most likely to revalue its dollar-pegged currency, and is more likely to do it next year than this, a Reuters poll of 17 economic analysts showed. Of... Full Story


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