Saturday 23 May 2015
 
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Al Reda showcases ‘quality workmanship’ at gulfBID

Al Reda Trading and Contracting is showcasing decades of experience and quality workmanship at its stall at gulfBID, currently under way at Bahrain International Exhibition Centre, Manama, Bahrain. Al Reda Trading and Contracting

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Shell, Total align refining units to drive profits

Top oil firms Royal Dutch Shell and Total are bringing their refining and trading operations closer together, seeking alternative ways to drive profits as oil prices fall and independent trading houses expand into their territory.

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Securities trading framework being upgraded in Bahrain

Key upgrades to securities trading frameworks will improve market integrity, fairness, transparency and better safeguard the interests of investors, it has emerged. Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj told the

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Amlak Finance targets May for trading restart

Dubai-based Islamic mortgage lender Amlak Finance has said it provisionally plans to resume trading on the Dubai Financial Market (DFM) in May. Shareholders approved the proposal during its annual general meeting on Thursday and a

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Investors warned over re-pricing risk in Q2

The current cycle of “extend and pretend” is coming to an end as the planned economy model of the past eight years comes to breaking point, an investment specialist has warned investors. The second-quarter (Q2) outlook

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Nexen to close down crude oil trading division

Nexen Energy, a wholly owned subsidiary of China's CNOOC, is closing its crude oil trading division following a round of job cuts announced last week, four market sources said. The Calgary-based company, which was acquired by

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Orascom Construction set for Egypt trading

Shares in Egypt's Orascom Construction (OC) will start trading on the Cairo stock market on Wednesday, the Egyptian Exchange said on Tuesday. The bourse, which had earlier in the day said it was still undecided on the date, sa

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Saxo Bank launches stock market contest for students

Saxo Bank, a fully licensed and regulated Danish bank specialising in online trading and investments, has launched its first ever stock market competition. ‘The Abu Dhabi University Postgraduate Investment Competition 2

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Saxo Bank launches stock market contest for students

Saxo Bank, a fully licensed and regulated Danish bank specialising in online trading and investments, has launched its first ever stock market competition. ‘The Abu Dhabi University Postgraduate Investment Competition 2

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Saudi ranks 5th on consumer confidence scorecard

Saudi Arabia ranked fifth in Credit Suisse’s consumer confidence scorecard, with the kingdom having the highest market penetration which indicated that market opportunity lies in the trading up of goods. The fifth annual Eme

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