Tuesday 28 July 2015
 
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Gulf

Gulf co-operation urged against Iran threat

Enhanced co-operation between Gulf nations is the only way to combat blatant Iranian aggression in the region, according to experts. The political and security specialists attributed the rise in regional tensions to a key nuclear

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Kipco Q2 profit rises 17.5pc

Kuwait Projects Company (Kipco), the Gulf state's largest investment company, reported a 17.5 per cent rise in second-quarter net profit on Wednesday. Net profit in the three months to June 30 was KD13.4 million ($44.2 million

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SMEs champion equal employment opportunities in UAE

Women are just as likely as men to find employment in small and medium-sized businesses in the UAE, according to the latest research by business intelligence company MEED. About 50 per cent of the more than 50 top SMEs in the emir

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Kerry to visit Gulf, vows 'push back' against Iran

US Secretary of State John Kerry will seek to reassure Gulf Arab officials at a meeting in Qatar soon that Washington will work with them to "push back" against Iranian influence in the region, he told the pan-Arab newspaper Al-Sharq a

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Ideal Standard to unveil news bathroom designs

Ideal Standard, a leading provider of innovative and design-driven bathroom solutions, will launch its new Tonic II collection in the Middle East in September. Tonic II, the total bathroom solutions of harmonious and contemporary

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Gulf Hotels Group posts $45.4m in revenue

Gulf Hotels Group (GHG), a Bahrain-based owner and operator of hotels, has reported total gross operating revenue of BD17.11 million ($45.39 million) for the first six months ended June 30, as against BD17.91 million for the same period last yea

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Saudi's Ma'aden Q2 net profit falls 27pc

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, posted a 27.2 per cent fall in second-quarter net profit on Tuesday, missing analysts' forecasts. Net profit for the three months to June 30 was SAR270

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Malaysia move opens door for ME sukuk issuers

A decision by Malaysia's central bank to stop issuing Islamic bonds has slashed the global supply of sukuk but opens the door wider for other borrowers, and may begin to shift the focus of sukuk issuance westwards towards the Gulf.

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Gulf states tighten security after mosque blasts

It may have been a prank, albeit a malevolent one, or a genuine threat of violence, when flyers featuring the Islamic State flag were placed near a Shi'ite Muslim mosque in Bahrain this week. But whatever the motive, the unset

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Bank Muscat, AXA in deal to offer life insurance in Oman

Bank Muscat, a leading financial services provider in Oman, has signed a 10-year partnership agreement with leading international insurer in the region AXA Gulf, to offer bancassurance products covering life protection, investment and savings to

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