Saturday 31 January 2015
 
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Next oil price surge ‘already being set up’

Investment in oil sector is already being hit hard due to the recent price plunge . Unless production is added, surplus capacity will be quickly eroded, setting up the stage for the next oil price surge, says a top industry analyst. “Oil prices are presently being held down

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Technology ‘could cut youth unemployment in region’

Technology investors and entrepreneurs could help reduce the impact of the expected explosion in unemployment amongst youth in the Arab region, according to experts debating global and regional issues at Davos. If the baby boom continues at its current rates, the Arab World could

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Grown diamonds key to bridging demand gap

Grown diamonds can help overcome the widening supply demand gap in the long run to compensate for falling mined diamonds supply, a report said. The breakthrough in technology has made it possible to grow rare quality colourless IIa quality diamonds by creating diamond-growing con

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Egypt growth to be ‘easily north of 4pc’ in 2014-15

Egypt can expect economic growth "easily north of 4 per cent" in fiscal year 2014-15, which ends in June, boosted by rising confidence and a windfall from lower oil prices, its finance minister said. Hany Dimian also told Reuters in an interview at the World Economic Fo

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ECB's trillion-euro move offers boost, but at a cost

ECB chief Mario Draghi's 1 trillion ($1.1 trillion) euros of fresh money could prove the masterstroke that saves the euro zone for now, but it breaks the principle that the bloc acts as one, a move that could ultimately undermine the currency he is trying to save. In monthly

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New Saudi king ‘holding line on Opec policy’

Saudi Arabia's new king is expected to continue a policy of keeping oil output steady to drive out rival producers, though the royal succession has focused market attention on the future of the kingdom's long-serving oil minister. King Abdullah died early on Friday and hi

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'Investors value integrity over sound business plan’

Global investors are more likely to invest in individuals with integrity, willpower, commitment and passion than those with a good business plan alone, according to a report. The joint research conducted by Melodena Stephens Balakrishnan (University Of Wollongong in Dubai), Ian M

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Desperate Egyptians risk all in perilous Libya

Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya - a country sliding into lawlessness where armed groups battle for control and dozens of their compatriots have been kidnapped. Tackling unemployment in Egypt - where half of the rapidly g

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Desperate Egyptians risk all in perilous Libya

Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya - a country sliding into lawlessness where armed groups battle for control and dozens of their compatriots have been kidnapped. Tackling unemployment in Egypt - where half of the rapidly g

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