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Abu Dhabi's spending curbs leave investors nervousAbu Dhabi's review of state-linked firms, which has involved the government tightening its purse strings and holding off key projects, is leaving investors and stakeholders guessing on how future business deals will unfold in the wealthy emi More… |
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Saudi will need $320 oil unless curbs demandSaudi Arabia will need steadily higher crude oil prices to balance its budget, reaching $320 per barrel by 2030, unless it curbs domestic oil consumption, an economist and specialist on the kingdom said as reported by an industry newsletter. More… |
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Lifting curbs could unlock Africa food tradeAfrica could avoid food shortages if it reduces the tangled web of rules, fees and high costs strangling regional food trade and by putting large swathes of uncultivated land to productive use, a World Bank report said. More… |
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Iraq easing curbs on dollar salesIraq's central bank has eased restrictions on the sale of dollars in a step likely to boost the dinar currency, according to senior banking officials. The central bank tightened rules in April over who could participate in its More… |
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UAE plans curbs on unskilled labourThe UAE plans to curb the importation of unskilled workers into the country in line with its policy to balance the country's demographic structure, said a report. The move comes as part of the government's strat More… |
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UAE curbs state access to banks' equityThe United Arab Emirates Ministry of Finance has amended the terms of its liquidity facility for banks, curbing the state's ability to convert the debt into equity, a report said. Last year, the ministry launched a 70 billion dirham ($ More… |
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Rice export curbs may be easedIndia said it may allow limited rice exports, a sign that a global supply crisis could start to ease, as Philippine traders held off purchases hoping for new crops soon from southeast Asia. Despite that optimism, US rice prices surged alm More… |
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Arab TV stations may face curbsArab governments have adopted a satellite broadcasting charter which will entrench state control over broadcasts and curtail political expression. The document, which echoes the language found in press laws used by some Arab countries to p More… |
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Curbs on property purchase 'will hit economy'An MP's proposal barring foreigners from buying property in certain areas of Bahrain has received a mixed response from real estate firms. "The passing of this proposal will definitely have a negative impact on the economy and foreign inv More… |
Hotels face restrictionsTough restrictions are being imposed on all Bahrain's hotels during Ramadan, sources revealed. A total ban on alcohol sales is being imposed in all the country's hotels throughout the Holy Month, for the third year running, a Gulf Daily Ne More… |
