Monday 27 April 2015
 
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Apple Watch goes on sale amid supply shortage

The Apple Watch goes on sale around the world on Friday, the final stage of a protracted launch of Apple Inc Chief Executive Tim Cook's first new product, capping months of publicity and a frenetic two weeks of pre-orders. Buy

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Sale of smuggled artefacts from conflict zones alert in Gulf

Smuggled antiquities from conflict zones are finding their way to Gulf countries, including Bahrain, warned a top official. The sale of stolen artefacts from Syria, Iraq, Yemen and Libya has been generating revenues for terror gro

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AA Real Estate launches sale of Dubai luxury villas

AA Real Estate Development has announced the sales launch of M.State by Ocean Breeze, a collection of five landmark villas located on frond M of the Palm Jumeirah in Dubai, UAE. Developed and marketed by AA Real Estate Development

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New supercars to boost McLaren sales by 60pc

Two new McLaren supercars launched yesterday (April 19) are expected to boost the luxury car brand's presence in Bahrain by 50-60 per cent, an official has said. McLaren Automotive's marketing manager for Middle East and A

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Bahrain F1 ticket sales surge 22pc

Ticket sales for this weekend's Gulf Air Bahrain Grand Prix are up 22 per cent compared with last year, Information Affairs Minister and official government spokesman Isa Al Hammadi told a press conference after the Cabinet session yesterday

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RAK Ceramics sells 51pc stake in JV firm

RAK Ceramics, one of the world's biggest makers of floor and wall tiles, has inked a deal for the sale of its 51 per cent share in its joint venture firm to Laticrete International for Dh48.1 million ($13 million). The joint v

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BBK plays key role in Takaful International stake sale

Bank of Bahrain and Kuwait (BBK) has announced it executed a large trade on the Bahrain Bourse on behalf of a client through its division - BBK Brokerage Services. Bahrain Kuwait Insurance Company (BKIC) has taken a 10.7 per cent

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GCC online retail sales to hit $41bn

E-commerce sales in the Gulf Cooperation Council (GCC) is set to touch $41.5 billion by 2020, one of the highest growths across the industry worldwide, according to experts. Awok.com, a UAE-based online shopping platform, has seen

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‘UniCredit bonds not an exit from bank investment’: Aabar

Abu Dhabi fund Aabar Investments said its sale of €2 billion ($2.2 billion) of bonds exchangeable into shares of UniCredit was not an exit from its investment in the Italian bank, but a way to improve its own finances. Aabar

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HSBC unit raises $205m in Malaysia sukuk sale

The Malaysian Islamic banking arm of HSBC Holdings has raised 750 million ringgit ($205 million) from the sale of a five-year Islamic bonds (sukuk) at a yield of 4.24 per cent, IFR reported. The sale is the third tranche of the le

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