Saturday 1 November 2014
 
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Corporate governance ‘is playing key growth role’

Bahrain has paid great attention to the concepts of corporate governance to increase investor confidence and boost economic growth, a top minister said. Industry and Commerce Dr Hassan Fakhro was speaking after opening the first A

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NBK to sell IBQ stake to Qatari investors for $538m

National Bank of Kuwait (NBK) has agreed to sell its 30 per cent stake in its Qatari associate, International Bank of Qatar (IBQ), to Qatari investors in a transaction worth $538 million (KD155 million), at a $87 million profit. N

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Activist investor buys key stake in Yahoo, urges AOL merger

Activist investor Starboard Value LP said it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL. Starboard, the second activist investor to target Yahoo in the las

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DWC highlights opportunities in Dubai for Indian firms

Dubai World Central (DWC), the world's first purpose-built aerotropolis, has embarked on a six-day tour of India to establish relations with the country’s business community and promote its rapidly expanding Business Park Free Zone to

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Tadawul opening to foreign investors ‘a key milestone’

The Saudi Arabian index is the region’s most diverse capital market due to its size and maturity, and has been gearing up to welcome foreign investors for sometime now, said a report. Although foreign investors have been abl

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Tadawul opening to foreign investors ‘a key milestone’

The Saudi Arabian index is the region’s most diverse capital market due to its size and maturity, and has been gearing up to welcome foreign investors for sometime now, said a report. Although foreign investors have been abl

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Foreign investors buy $309m worth shares on DFM

Foreign investors purchased shares worth Dh1.14 billion ($309.5 million) on the Dubai Financial Market (DFM) from August 17 to 21, while the value of stocks they sold was Dh1.08 billion, said a report. The net foreign investment d

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IHG to sell its Le Grand Paris to Qatari investor

InterContinental Hotels Group is set to sell its flagship Le Grand hotel in Paris to Qatari-backed investor Constellation Hotels for 330 million euros ($440 million), it said on Thursday, raising the prospect of more cash returns for inve

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IHG to sell its Le Grand Paris to Qatari investor

InterContinental Hotels Group is set to sell its flagship Le Grand hotel in Paris to Qatari-backed investor Constellation Hotels for 330 million euros ($440 million), it said on Thursday, raising the prospect of more cash returns for inve

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Interpol hunt on for Bahraini fraudster

Bahrain’s Public Prosecution has issued an arrest warrant through Interpol for a Bahraini investor who has been accused of fraud in multiple cases. Under the warrant, the suspect who runs a restaurant chain in Bahrain must be extr

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