Saturday 1 August 2015
 
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Etihad employees rally to drive donations for Nepal

Etihad Airways’ employees have raised almost Dh270,000 ($73,493) through a company-wide campaign to help Nepal’s earthquake survivors re-build their lives and communities. The airline’s employees volunteered and

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Iran to use frozen funds for domestic investments

Iran will use funds unfrozen by its nuclear deal with world powers mainly to finance domestic investments, keeping the money abroad until it is needed, Iranian deputy central bank governor Akbar Komijani said on Thursday. "Th

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UAE Marriott staff raise funds for Nepal quake relief

The associates of the Marriott hotels in the UAE joined together to help their fellow colleagues and their families cope with the aftermath of the devastating earthquakes in Nepal by raising Dh217,555 ($59,222). Shortly after the first

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IMF plans $400bn for sustainable development goals

The multilateral development banks (MDBs) and IMF have signaled plans to extend more than $400 billion in financing over the next three years and vowed to work more closely with private and public sector partners to help mobilise the resources n

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Bahrain may approve extra funds to boost security

Bahraini MPs could sanction additional financing for the kingdom’s police force due to increased security concerns, particularly the threat posed by radicals such as the Islamic State (IS). Parliament’s foreign affairs

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Bahrain may approve extra funds to boost security

Bahraini MPs could sanction additional financing for the kingdom’s police force due to increased security concerns, particularly the threat posed by radicals such as the Islamic State (IS). Parliament’s foreign affairs

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Oman Air honours staff disaster relief initiative

National carrier Oman Air recently honoured its staff for their desire to assist in meeting the needs of those affected by the earthquake in Nepal on April 25, and maintaining operations on one of its key flagship routes. In the i

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Sico funds achieve ‘impressive returns’

Securities and Investment Company (Sico), licensed by the Central Bank of Bahrain as a conventional wholesale bank, said that all its Bahrain-domiciled equity funds have posted impressive returns so far this year, comfortably outperforming the m

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Middle East funds negative on Saudi after oil slides

Middle East fund managers have on balance become bearish on the region's biggest stock market, Saudi Arabia, after oil's rally ran out of steam and the kingdom confirmed strict rules on foreign investment, a monthly Reuters survey shows.

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Islamic investments, funds up 10pc in Bahrain

Bahrain's Islamic investments and funds have grown by about 10 per cent annually for the last few years and prospects remain positive, a senior regulatory official has said. Central Bank of Bahrain (CBB) executive director of

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