Saturday 29 August 2015
 
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Islamic finance assets to hit $3.2 trillion

The value of assets in the Islamic finance sector is expected to increase 80 per cent over the next five years, to hit $3.24 trillion in value by 2020, according to findings for an upcoming report.   The initial

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Building permits increase 7pc in Bahrain

A seven per cent increase in construction permits was recorded in the first quarter of 2015 compared to the same period last year. This reflects investor confidence in Bahrain and the government’s development efforts, the Gulf D

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Brazilian exports to Arab world reaches $5.78bn

Brazilian exports to the Arab countries reached $5.78 billion worth of products during the first half of the year, according to recent statistics.   Released by Brazil's Ministry of Development

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Hikma's H1 revenue hits $709m

Hikma Pharmaceuticals, the leading multinational pharmaceutical group, has reported a revenue of $709 million for the first half of the year, in line with expectations and strategic progress.   The firm has launc

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Arabian Centres' malls record 12pc visitor increase

Arabian Centres, a leading developer, owner and operator of shopping malls in Saudi Arabia, said its properties attracted more than 15 million visitors during Ramadan, a 12 per cent year-on-year increase.   Mall

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Mena food security index sees 2.4-point gain

The Middle East and North Africa (Mena) region had the greatest gain in the food security index with a 2.4-point increase from last year, according to the 2015 Global Food Security Index.   Despite the rapid stri

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Rolls-Royce Ghost sale up 58pc in Qatar

Rolls-Royce Motor Cars Doha has posted a 58 per cent sale increase for its Ghost Series II in the first half of the year, according to a report.   The sales of the overall brand grew three per cent in Qatar, with

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JAC Motors posts 41pc increase in exports

China-based JAC Motors has announced that its exports recorded a growth of 41 per cent year-on-year during the first half of 2015. The company took the third position in automotive exports export in China with a total of nearly 40

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JAC Motors posts 41pc increase in exports

China-based JAC Motors has announced that its exports recorded a growth of 41 per cent year-on-year during the first half of 2015. The company took the third position in automotive exports export in China with a total of nearly 40

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Iran oil output could jump sharply post-sanctions:IEA

Iran could raise its oil output by as much as 730,000 barrels per day (bpd) from current levels fairly quickly after sanctions are removed, the International Energy Agency (IEA) said.   The West's energy watc

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