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UAE trims $7bn US missile purchase

The UAE has trimmed what had been billed as a possible $7 billion purchase of an advanced US missile defense system but there are no major obstacles to its completion, Lockheed Martin Corp's lead executive on the deal said. UAE offici

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Zain plans to cut Africa investments

Kuwaiti mobile operator Zain will invest less in 2009 than last year on expanding its networks in Africa, Chris Gabriel, the head of the operator's African operations, told Reuters in an interview. Gabriel said 2009 spending on infrast

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