Friday 19 December 2014
 
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Gulf

AXA Gulf launches online service in Bahrain

AXA Gulf, a leading international non-life insurer, has launched its online health insurance plans in Bahrain. Through the new online health insurance solution, AXA said it provides a wide range of products for individuals and fam

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Technip sells diving assets in Gulf of Mexico

Technip, a leader in project management, engineering and construction for the energy industry, has completed the sale of its diving assets in the US Gulf of Mexico to Ranger Offshore. The sale reinforces Technip’s strategy t

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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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Gulf markets tumble as oil's plunge feeds panic

Gulf stock markets extended their plunge on Sunday as oil's drop to a new five-year low sparked a fresh wave of panic selling. The bourses' losses left Qatar and Bahrain as the only Gulf markets with year-to-date gains. Br

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EHDF, Microsoft to provide Office 365 to Gulf customers

EHosting DataFort (eHDF), a leading managed hosting and cloud infrastructure services provider in the region, has partnered with Microsoft to provide ‘Office 365’ in the Gulf region, offering customers a complete cloud-based office s

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Top industry expo to launch promotional tool for SMEs

Hilal Conferences & Exhibitions (HCE), the Northern Gulf’s leading trade show organiser, has launched an innovative, cost-effective marketing tool to assist small and medium-sized enterprises (SMEs) to showcase their products at specia

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Saudi Maaden pumps $20bn into industrial projects

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, has invested more than SR85 billion ($20 billion) in three major phosphate and aluminium projects in the kingdom. The company has till date pumped more than

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Saudi Maaden pumps $20bn into industrial projects

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, has invested more than SR85 billion ($20 billion) in three major phosphate and aluminium projects in the kingdom. The company has till date pumped more than

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UK signs deal to expand naval presence in Bahrain

Britain said on Friday it had sealed a deal to expand and reinforce its naval presence in Bahrain that would allow it to operate more and bigger ships in the Gulf on a long-term basis. Under the agreement, the Ministry of Defence

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Gulf markets stabilise after panic sell-off

Gulf stock markets steadied and some rebounded on Monday after tumbling a day earlier in response to a plunge in oil prices. Brent crude fell nearly $2 a barrel to a five-year low below $68 in early trade on Monday but then pared

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