Thursday 5 March 2015
 
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oil price

Oil price slump 'driving property investment'

Falling oil prices should free up more capital to be spent on consumer goods, which should in turn present more property opportunities to feed the increasingly hungry private investor, a report said. Private Investors accounted fo

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Oil holds above $60 as no Iran nuke deal struck

Brent crude was flat on Thursday, managing to hold above $60 a barrel as investors brushed aside bearish US inventories data to focus on the lack of a deal in talks over Iran's nuclear programme. Tehran's ambassador to the

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Oil price slump ‘unlikely to spur sovereign sukuk’

Although lower oil prices may lead to fiscal deficits in some GCC countries, most governments' net asset positions will likely remain strong enough to enable their financing, limiting the upside for sukuk issuance in 2015, a report said.

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Oil price slump ‘unlikely to spur sovereign sukuk’

Although lower oil prices may lead to fiscal deficits in some GCC countries, most governments' net asset positions will likely remain strong enough to enable their financing, limiting the upside for sukuk issuance in 2015, a report said.

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Oil holds above $60 after Saudi price hikes

Brent held above $60 a barrel on Wednesday supported by a hike in Saudi crude prices and strikes on oil facilities in Libya. In a move widely seen as a vote of confidence by Saudi Arabia in demand recovery, the Opec kingpin raised

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Flat hydrocarbon growth to limit GCC economy

The GCC will see a real GDP growth of 2.8 per cent in 2015, slowing from 4 per cent in 2014 on account of flattish hydrocarbon production and softer non-hydrocarbon sector activity, a report said. Real GDP growth in Saudi Arabia w

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Oil falls 1pc on higher Libya production

Oil fell about 1 per cent on Monday after posting its first monthly rise since June, pressured by continued weakness in China's vast manufacturing sector and higher Libyan crude output. The Chinese central bank cut benchmark l

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Oil above $62 after Saudi comments on demand

Oil rose above $62 a barrel on Thursday as indications of a coming recovery in demand offset a further jump in US crude stockpiles which underlined currently ample supplies. Crude benchmarks in the US and Europe posted their large

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Bahrain banks on infrastructure, private sector

Bahrain's economy is holding up in the face of low oil prices as policymakers bank on infrastructure spending and the private sector to offset shrinking energy sector revenues, officials and businessmen said this week. The kin

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Bahrain banks on infrastructure, private sector

Bahrain's economy is holding up in the face of low oil prices as policymakers bank on infrastructure spending and the private sector to offset shrinking energy sector revenues, officials and businessmen said this week. The kin

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