Tuesday 27 January 2015
 
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2014

NBK Q4 net profit rises 46pc to $197m

National Bank of Kuwait, the country’s largest commercial lender, reported a net profit of KD57.9 million ($197.2 million) in the fourth quarter of 2014, compared to KD39.6 million a year ago, marking an increase of 46.4 per cent.

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Al Basel posts record 70pc growth in 2014

Al Basel Group of Companies, a leading UAE-based business conglomerate, has posted a 70 per cent growth in 2014, citing the year as its best year to date and reinforcing the leading position of its boutique services and various offerings.

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Maserati wins 12 international awards, sales accelerate

Italian luxury brand Maserati ended last year on a successful note across the Middle East, Africa and Asia. It has rapidly accelerated in terms of sales, new product launches and market visibility in 2014, said a report in the

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Bawadi Mall sees record 10m visitors in 2014

Bawadi Mall, the largest mall in Al Ain city and a leading edutainment destination, attracted 10,321,541 million visitors in 2014, recording the highest footfall since its opening. The Mall organised a series of entertainment, sho

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Turkey's 2014 exports hit record high at $157bn

Turkey’s annual export figures for 2014 rose 4 per cent to $157.62 billion, an all-time high, the Turkish Exporters' Assembly (TIM) said on Thursday. December exports rose 1.1 per cent year-on-year to $13.14 billion, TIM

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Oil ends on a fresh low after halving in 2014

Oil prices fell on Wednesday to a 5-1/2-year low and ended with their second-biggest annual decline ever, down by half since June under pressure from a global glut of crude. Just before the close, Brent and US oil futures bounced

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World rings in New Year with hope

The world welcomed 2015, hoping it would turn out to be a better year than the one they were ringing out. Revelers converged on the beaches of Brazil, the shores of Sydney Harbour and New York's Times Square to see off a turbu

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The Business Year publishes Saudi edition

The Business Year (TBY), a leading provider of business investment services and publisher of yearly information resources on national economies and business environments, has published ‘The Business Year: Saudi Arabia 2014.’

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2014 could be hottest year on record

This year may eclipse 2010 as the hottest since records began in the 19th century, a sign long-term global warming is being stoked by rising greenhouse gas emissions, scientists said. The period of January to October 2014 is alrea

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Three ICT trends to watch in 2015

Pre-fabricated data centres, managing power to secure savings and the availability of trusted data are the three most important ICT trends making an impact in 2015, predicts an industry expert. The year 2015 is only a few weeks aw

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