Tuesday 23 December 2014
 
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UAE’s non-oil sector records marked business improvement

The UAE’s non-oil private sector economy has continued to record a marked improvement in business conditions mid-way through the final quarter of the year, according to SABB/HSBC survey data. The SABB/HSBC Emerging Markets I

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Exchange firms in UAE set up new group

Exchange companies in the UAE have come together to form the Foreign Exchange and Remittance Group (Ferg). The main objective of the move is to work for the betterment of the exchange industry and create a conducive environment fo

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Saudi Arabia sees major growth in shipping; $30bn projects under way

Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with projects planned and currently in progress totalling more than $30 billion. Experts presented a series of papers to more than 200 delegates at the in

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Bahrain’s financial sector ‘competitive’

The competitive environment of the financial sector in Bahrain was highlighted at a key event in Europe last week. Economic Development Board chief economist Dr Jarmo Kotilaine, who delivered a keynote address at the annual Frankf

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REC honoured for efforts in promoting Saudi’s MICE sector

The Saudi Commission for Tourism and Antiques (SCTA) has honoured the Riyadh Exhibitions Company (REC) for its ongoing efforts in promoting meeting, incentives, conferencing and exhibitions (MICE) sector in the kingdom. The honour

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Saudi Arabia’s manufacturing sector IT spend to grow 7.5pc

Information technology (IT) spending in Saudi Arabia is increasing at the fastest rate across all countries in Central Europe, the Middle East, and Africa (Cema) region, according to the latest insights released today by International Data Corpo

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Saudi Arabia’s manufacturing sector IT spend to grow 7.5pc

Information technology (IT) spending in Saudi Arabia is increasing at the fastest rate across all countries in Central Europe, the Middle East, and Africa (Cema) region, according to the latest insights released today by International Data Corpo

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Bahrain commercial office sector 'subdued'

The commercial office sector of Bahrain remains subdued, with Grade A and B rental rates having seemingly bottomed out with no significant improvement in performance recorded this year. This is according to the third-quarter Bahra

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Greater private sector role in power generation urged

The UAE’s utilities authorities have called for greater private sector role in power generation as the country explores ways to meet its growing power requirements. Dr Matar Al Neyadi, undersecretary at the UAE Ministry of E

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DHA unveils price regulation model for health services

The Dubai Health Authority(DHA) has unveiled the price regulation model for health services in the private sector that will be applicable from next year. Essa Al Maidoor, director-general of DHA, said: “This model essentiall

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