Monday 22 December 2014
 
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Video surveillance market in India registers 55pc growth

Rising transportation infrastructure, increasing public surveillance, government security spending, growing IT spending across major applications, and surging crime rates have fueled the demand for video surveillance systems in India, according

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UAE urges all world's oil producers not to raise output in 2015

The UAE oil minister urged all of the world's producers not to raise their oil output next year, saying this would quickly stabilise prices.   "We invite everyone to

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Healthy Dubai real estate market to ride out cheap oil

The plunge in oil prices may take more of the froth off Dubai's booming real estate market, but broad-based demand for property is likely to prevent any crash, said a report. As the global financial crisis slashed oil and equi

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Opec can't cut alone but others would not, says Naimi

Saudi Arabia's powerful oil minister said on Thursday that Opec could not cut output without the support of other big producers and attempts to get them on board had not worked. Al Naimi said it was impossible for Opec to cut

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China, India to become biggest trading partners for GCC

Developing countries in Asia—particularly China and India—are rapidly becoming the biggest trading partners with Gulf Co-operation Council (GCC) countries ahead of other regions, according to a new report released by the Economist In

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Bahrain TRA’s review to boost regulatory framework

Bahrain’s Telecommunications Regulatory Authority (TRA) has been undertaking a comprehensive strategic market review (SMR) of the telecommunications sector in Bahrain throughout the second half of this year. The draft report

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Gulf markets tumble as oil slides below $60

Gulf stock markets plunged in early trade on Tuesday after oil resumed its slide on bearish comments about Opec and weak Chinese manufacturing data. Brent crude prices fell below $60 a barrel for the first time since July 2009 as

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Bahrain Bourse in new push to launch market

Bahrain Bourse (BHB) has announced the issuance of a consultation paper on the Bahrain Investment Market (BIM). The paper has been released on the bourse website to receive the views and opinions of legal and consultancy companies

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Dubai sinks, panic selling spreads across GCC markets

Dubai's stock index tumbled on Thursday, heading for its biggest daily drop in five years, after Brent crude oil dropped to a fresh five-year low. The emirate's main index sank 7.2 per cent to 3,604 points, falling below m

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Tamkeen in deal to launch Al Basta Market

Bahrain’s labour fund Tamkeen and the kingdom’s Southern Governorate have signed an agreement to launch the third edition of Al Basta Market. The market is a pioneering initiative for traders to showcase and market the

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