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Iraqi Kurdistan pays Gulf Keystone, pleasing producersGulf Keystone Petroleum has said it had been paid for oil exports by the government of Iraqi Kurdistan, a sign it is serious about making regular payments to producers after months of debt building up. Gulf Key More… |
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Khaleeji Commercial plans to reduce paid up capitalShareholders of Khaleeji Commercial Bank (KHCB) have approved reducing the bank's paid up capital by 13.36 per cent, from BD115.4 ($303.8 million) to BD100 million through decreasing the number of shares from 1.1 billion to 1 billion shares, More… |
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Some staff of India's Sahara ‘not paid salaries for months’Some staff at Indian conglomerate Sahara say they have not been paid for several months, as the company tries to raise $1.6 billion to bail its boss Subrata Roy out of jail. Reuters interviewed 11 employees independently contacted More… |
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Trust Re increases paid-up capital to $170mTrust International Insurance and Reinsurance Company (Trust Re) has increased in its paid-up capital, from $140 million to $170 million, which reflects the doubling of its authorised capital to $200 million in June last year. The More… |
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Du launches ‘data manager’ appUAE's telecom operator du has launched the new ‘Data Manager’ app, for post-paid customers to stay on top of their data usage. The app, available in English and Arabic for iOS and Android devices, allows customers More… |
