Tuesday 5 November 2024
 
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Asia shares inch ahead as G20 talks, oil holds gains

Asian shares made guarded gains as a gathering of world finance leaders provided a welter of reassuring comments, but little in the way of actual policy stimulus.   Setting the tone for the Shangahi meeting of th

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Genel puts exploration on hold, awaits Iraqi Kurdistan payments

Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG).  

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US move to lift arms sale hold ‘will boost Bahrain ties’

The US decision to lift the hold on the sale of military items to Bahrain’s armed forces will ‘enhance ongoing security partnership as the kingdom continues to counter the mounting threat posed by terrorism and extremism in the regio

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Bahrain puts review of allowances for disabled on hold

Talks on additional benefits for disabled Bahrainis and their families were put on hold yesterday due to disagreements at the Shura Council.   A committee in charge of reviewing the amendments is backing MPs'

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300 men from Homs held by Syrian authorities

Syrian authorities are holding and questioning more than 300 men deemed of fighting age who fled the besieged rebel-held Old City of Homs during an agreed ceasefire, the UN refugee agency said on Tuesday. A UN-brokered 'humani

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UAE projects worth over $300 billion on hold

Over 400 projects worth more than $300 billion have been placed on hold or cancelled in the United Arab Emirates due to the global financial crisis, Dubai-based research firm Proleads Global said on Tuesday. The construction sector in the

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Ithmaar puts $500m LatAm fund on hold

Bahraini Islamic lender Ithmaar Bank has put on hold a planned $500 million fund targeting investments in South American real estate due to current tough markets, it said on Sunday. The fund had been announced in May 2008 as a joint ventur

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