Sunday 1 March 2015
 
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New UK stamp duty move may hit ME investors

Recent alterations to the UK’s Stamp Duty tax are expected to have a significant impact on the investment geography across London, alerting Middle East investors to the city’s more fringe locations in 2015, said a report.

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Alba wins major investor relations award at forum

Aluminium Bahrain (Alba) has won the ‘Best Company for Investor Relations (IR), Bahrain’ award at the Middle East Investor Relations Society (ME-IR) Annual Conference and Awards 2014. The awards, carried out in collabo

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Gold set for biggest weekly gain on risk aversion

Gold has steadied on a modestly higher dollar but looked set to post its biggest weekly gain in 10 months as investors sought safety from volatility in wider markets after Switzerland unexpectedly abandoned a cap on the Swiss franc.

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QNB wins investor relations in Qatar award

Qatar National Bank (QNB) won the ‘Best Company for Investor Relations in Qatar' award at the Middle East Investor Relations Society 2014 Annual Conference held at the DIFC Conference Centre in Dubai, according to a report.

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WB urges Egypt to make reforms before investor conference

A senior World Bank official has called on Egypt to implement promised legal and bureaucratic reforms ahead of an international conference in March where the government hopes to attract more than $12 billion in investments. The go

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Risk appetite lifts as growth expectations pick up

Global investors have a restored appetite for risk amid greater optimism over the outlook for profits and the economy, according to the BofA Merrill Lynch Fund Manager Survey for November. A net 47 per cent of the global panel exp

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GCC investors eye US property market

The GCC investors - from sovereign wealth funds to rich individuals - have pumped in $1 billion into the US real estate market in 2014, up 51 per cent over last year, said a report. The boost in spending is mainly due to the pace

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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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