The Middle East

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Abu Dhabi is continuing its policy of diversifying revenue streams by building up a substantial portfolio of overseas investments.
This month, the leading regional retail event in the Gulf, the Dubai Shopping Festival (DSF), will kick off on December 20 and will run until February 2.
Qatar is probably best known for having the second largest natural gas reserves in the world. However within two weeks, the emirate will likely have a new claim to fame, that of being one of the world's sporting capitals.
The recent decline on Dubai's capital market was nothing more than a normal albeit rather sharp market correction, with some observers thoughtfully preferring to call it a "reaction".
This week, the UAE government has been defending the investor friendly business environment that is stimulating the construction industry in the country.
The recent decision to open up Qatar's telecom market doesn't appear to concern the emirate's only telecommunications services provider, quite the reverse in fact, with Qtel apparently raising the bar that any potential competitors will have to vault over.

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