Friday 3 July 2015
 
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Enoc presses ahead with Dragon Oil takeover amid protest

Emirates National Oil Company (Enoc) is progressing with its £1.7 billion purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.   Enoc

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Enoc presses ahead with Dragon Oil takeover amid protest

Emirates National Oil Company (Enoc) is progressing with its £1.7 billion purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.   Enoc

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Enoc offer undervalues Dragon Oil: major investor

Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (Enoc) ‘materially undervalued’ the company.

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India's push to offer banking for all stumbles on empty accounts

More than half of a record 160 million accounts opened in India as part of a drive to offer banking to all are still empty, illustrating the massive task ahead for one of the government's most high-profile campaigns and the strain on banks.

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Al-Futtaim Honda launches Ramadan offers

Al-Futtaim Honda, a part of the Al-Futtaim Automotive Group in the UAE, has launched exciting deals across the model line-up. The firm is offering discounts of up to Dh20,000 ($5,444), service plans of up to Dh12,000 and accessory

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Du unveils summer roaming offers

Leading telecom provider du has unveiled its roaming offers for the summer season, as part of its efforts to offer top packages for individual and business customers. Du business and individual customers can purchase a one-week da

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Saudi Airlines unit eyes $752m from IPO

Saudi Ground Services Company, a unit of national carrier Saudi Arabian Airlines, has set the price for its 30 per cent initial share sale at 50 riyals ($13.3) per share, a statement from the company's financial adviser said on Thursday.

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Saudi Airlines unit eyes $752m from IPO

Saudi Ground Services Company, a unit of national carrier Saudi Arabian Airlines, has set the price for its 30 per cent initial share sale at 50 riyals ($13.3) per share, a statement from the company's financial adviser said on Thursday.

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Ooredoo launches ‘Roam Like Home’ offer

Ooredoo’s popular ‘Roam Like Home’ offer is back from February 26 to April 26, following high customer demand. The service will allow prepaid and postpaid customers to enjoy local rates while roaming in UAE, with

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Nass, Danish firm in deal to offer turnkey solutions

Nass Industrial Services (NIS) and Danish firm Haldor Topsoe have signed a memorandum of understanding (MoU) for a strategic tie-up towards offering end users a total turnkey solution. The MoU reaffirms the commitment of Nass Grou

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