Monday 24 November 2014
 
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More efficient public investment a Mideast priority

Improving the efficiency of public infrastructure investment across many oil exporters in the Mena region and the Caucasus and Central Asia is now more important than ever, said a new International Monetary Fund (IMF) report. Developing strong institutions to manage public invest

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Opec keeps oil markets guessing on output move

Oil analysts are putting down markers on the Organisation of the Petroleum Exporting Countries' (Opec) meeting on November 27, when members will consider whether to cut output to shore up prices. Opec members Iran and Venezuela have urged fellow crude producers to support oil

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Cellphone trackers to feature altitude data

Cellphones long have doubled as tracking devices, capable of revealing your location to police, paramedics, even grocery stores looking to deliver coupons to nearby customers. But there’s a measurement cellphones once struggled to make: altitude. No more. Cel

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The future of mobility

“Mobility brings freedom and progress,” said executive chairman William Clay Ford Jr. (Bill Ford) of Ford Motor Company, quoting his great-grandfather Henry Ford at the “Future of Mobility” event hosted by Dubai Chamber. The event was hosted in honour of B

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Aluminium pricing may never be the same again

The splintering of the global aluminium price is becoming ever more acute. Physical premiums on both sides of the Atlantic have just sailed through the $500 per tonne level, widening the disconnect between the global reference price set on the London Metal Exchange (LME) and the "all-in&qu

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Lower gas prices ‘won't raise holiday spending’

Almost two thirds of adults won't spend more this holiday season despite lower gas and fuel costs, a report said, in a bad sign for retailers looking for an extra boost in gift buying from cheaper prices at the pump. The recent slide in gas prices and signs of economic improv

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2014: the year of deflation and lower returns

While the year 2014 began with expectations of higher growth, higher yields and higher stocks, it is ending with the reality of lower inflation, lower yields and higher stocks, a report said. It also ends with asset markets and the bull case for risk assets still embarrassingly d

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New capacity to change Saudi’s refined product balance

A rapidly rising population, economic growth and improving living standards will drive Saudi Arabia’s refining capacity increase by 1.2 million barrels per day (mbpd) by the end of the decade, a report said. This includes the Satorp refinery, which is already up and running

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'Abu Double' is a last roll of the dice for some

Mercedes have won both Formula One titles already, and Red Bull are sure of second place, but Sunday's season-ending Abu Dhabi Grand Prix will be a last roll of the dice for some of those behind them. With an unprecedented double points on offer, 'Abu Double' has the

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Gender gap drive ‘not improving women’s careers’

Women, who continue to be underrepresented at most levels in the workforce, are not progressing in their careers despite the past two decades of organizational efforts to achieve gender diversity and equality, a report said. If current approaches continue unchanged, only one-thir

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