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Wednesday, March 17, 2010
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Saudi approves first ETF for foreigners
Riyadh  
 
  Saudi Arabia has approved the Gulf Arab state's first exchange-traded fund (ETF), which will be accessible to foreigners as part of efforts to open up the biggest Arab bourse.  
   

  Bahrain listed firms 'hit by weak earnings'
Manama : 
  Last year was a challenging one for Bahraini listed companies, which presented poor  performance in terms of profitability, according to research by Gulf Investment House.     
   
  Double taxation pact to boost Bahrain-UK ties
Manama : 
  The Bahrain-UK double taxation agreement will further enhance financial and economic co-operation between the two countries encouraging greater trade, said a top government official.     
   

 
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