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Regional exports to Brazil hit $2.45bn in Q1Exports from Arab countries to Brazil reached $2.45 billion in the first quarter of 2013, up 22 per cent from the same period in 2012, according to figures from the Brazilian Ministry of Development, Industry and Foreign Trade. Me More… |
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Milaha’s first-quarter profits hit $94mQatar Navigation (Milaha) has posted a net profit of QR344.6 million ($94.57 million) for the three months of 2013, as against QR283.7 million for the same period last year, marking an increase of 21 per cent. Operating revenues f More… |
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Qatar Islamic rules out 2013 sukuk issuesQatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before 2014, its chief executive said on Wednesday. "I don't think it will be needed; More… |
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2013 Honda Civic debuts in GCCHonda Civic has made its 2013 debut in GCC with major design upgrades with a multitude of standard features as well as all-new front and rear exterior styling. The sedan also features extensive interior styling improvements on all model More… |
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WTO cuts 2013 trade forecast on protectionist fearThe World Trade Organization slashed its forecast for trade growth in 2013 on Wednesday, saying it feared protectionism was on the increase. It cut its forecast for global trade growth in 2013 to 3.3 percent from 4.5 percent and s More… |
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ME investment in Boeing doubles in 2012Middle Eastern airlines last year invested about $4 billion in financing for new Boeing products from regional sources, a figure that’s nearly double what it was in 2011, according to a top executive of the aircraft manufacturer. More… |
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Opec sees 2013 world oil demand fall riskWorld oil demand growth could fall short of forecasts in 2013, producer group Opec said on Tuesday, citing economic risks in the euro zone and the US. The Organization of the Petroleum Exporting Countries in a monthly report left More… |
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Food prices stable, cereal output seen up in 2013World food prices held steady in February as falling wheat and sugar offset gains in vegetable oils and dairy prices, the United Nations' food agency said on Thursday, forecasting increased cereals production in 2013. Global g More… |
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Middle East CFOs ‘most optimistic globally’CFO optimism has rebounded from historic lows in many countries as several political and economic “uncertainties” have been resolved or eased, according to the Q4 Global CFO Signals survey by leading professional services firm Deloit More… |
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Food prices could rise again in 2013Global food prices eased slightly in the second half of 2012, in part due to good harvests in the southern hemisphere, but prices remain high and could increase further in 2013, a report said. Global food prices eased slightly in More… |
