Business Blog

LONDON, May 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Friday, according to financial bookmakers. For more on the factors affecting European stocks, please click on ID:nL6N0O90V7 * The UK blue chip index ended flat on...

Tourism experts and economists have urged investors to place their money in souvenir shops in Asir because they could make returns of between 30 and 100%.

LONDON, May 23 (Reuters) - European shares are expected to open steady on Friday, with investors seen avoiding strong bets ahead of Ukrainian and European election results. Financial spreadbetters predicted Britain&aposs FTSE 100 .FTSE to open flat, Germany&aposs DAX .GDAXI to gain about 9 points, or up 0.09 percent, and France&aposs CAC 40 .FCHI to open flat. Ukraine said

The Abu Dhabi Urban Planning Council (UPC) approved 13 development projects covering over four million square metres during the first quarter of the year, with 70% of this area devoted to residential.

Competition among UAE banks for higher market share of the mortgage market is heating up, resulting in lower interest rates, discounts and special offers to prospective property buyers.

New real estate projects in Dubai will be completed even if prices weaken though a market correction has been ruled out in the short term.