Saturday 7 March 2015
 
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Emirates sees low-cost consolidation in Asia

Emirates airline expects consolidation in the low-cost sector in Asia, the Dubai-based carrier's president said on Wednesday. "I think there will be consolidation of low-cost in Asia, it's a blood bath over there at t

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Ericsson tops inaugural ‘Best Workplaces in Asia’ list

Ericsson Saudi Arabia and UAE claimed the number three spot in the Great Place to Work’s first-ever ‘Best Workplaces in Asia’ Awards ceremony held in Mumbai, India recently. The rankings are decided by Great Plac

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Julphar acquires stake in RAK Pharma in Bangladesh

Leading Emirati pharmaceutical firm Julphar has acquired a majority stake in Bangladesh-based RAK Pharmaceuticals, as part of its expansion plans in Asia, according to a report. RAK Pharmaceuticals is a subsidiary of RAK Ceramics

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In oil price war, Gulf producers grab market share in Asia

Saudi Arabia's move to slash the price it charges in Asia for its oil this week to the lowest in more than a decade is the latest aggressive action by Gulf states to defend market share in the world's top oil consuming region.

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In oil price war, Gulf producers grab market share in Asia

Saudi Arabia's move to slash the price it charges in Asia for its oil this week to the lowest in more than a decade is the latest aggressive action by Gulf states to defend market share in the world's top oil consuming region.

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Saudi Arabia expected to cut March crude prices for Asia

Top oil exporter Saudi Arabia is expected to cut prices for most of the crude it sells to Asia in March in line with a weak Dubai market, trade sources said.   Ample supply continued to weigh on the Middle East c

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Opec price war in Asia intensifies as oil falls below $50

Even as Saudi Arabia and its Gulf Opec allies appear united in their refusal to cut output to boost global oil prices, they are becoming locked in an increasingly fierce battle to secure market share in Asia.

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Middle East boosts investment in top level sports

Across Europe, $1.5 billion has been spent by Middle-Eastern investors and groups on team ownership, while in the last two years alone, Asian businessmen have invested approximately $1.1 billion in US sports franchises, a report said.

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Oil remains weak on supply glut, sluggish economies

Oil prices remained near five-and-a-half year lows in early Asian trading on Wednesday after prices saw yet more heavy falls in the previous session, and analysts said a supply glut meant that more falls were likely before a rebound.

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Indo Asian, BMTC in deal to distribute in UAE market

Indo Asian, a leading electrical safety and management equipment manufacturer in India, has joined hands with Bahri & Mazroei Trading Company (BMTC) for distribution of its industrial electrical solutions in the UAE market. Pa

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