Monday 3 August 2015

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FOCUS ON AMERICA
$15bn to flow from Mideast into global real estate

An average of $15 billion per year will flow out of the Middle East into direct real estate investment globally in the near term, according to the latest research from global property advisor CBRE Group.

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1

FIRST DIALOGUE SINCE 2009
US, Egypt return to 'stronger base': Kerry

The United States and Egypt are returning to a "stronger base" in bilateral ties despite tensions and human rights concerns, US Secretary of State John Kerry said on Sunday after talks with his Egyptian counterpart.

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2

WEAK CHINA DATA WEIGHS
Oil hits multi-month lows on record Opec output

Oil extended losses on Monday on worries of oversupply as Opec pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest oil consumer.

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3

INSIGHT
Cold brew transforms summertime coffee market

For coffee shops, business usually cools down as the weather heats up. But as the latest craze, cold brew coffee, moves from a hipster infatuation to mainstream staple, that traditional seasonal pattern is changing fast.

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4

ANALYSIS
New cocktails to test limits of cancer drug pricing

New cancer drug cocktails set to reach the market in the next few years will test the limits of premium pricing for life-saving medicines, forcing company executives to consider fresh market strategies.

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5

NEWS IN PICTURES
Taking a closer look

The winners of the Jaguar Design XE Competition got an opportunity to get a closer look at the British brand’s unique collection of beautiful heritage vehicles on a trip to the Jaguar Land Rover Global Headquarters in the UK.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Egyptians ‘can build Cairo Capital in one year’

Egyptian construction firms will be able to build the New Cairo Capital in one year, said a top official, underlining that Egyptians have a strong will to achieve their goals.

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Energy, Oil & Gas

Oil hits multi-month lows on record Opec output

Oil extended losses on Monday on worries of oversupply as Opec pumped at record levels in July, while weak China data stoked concerns about slower growth at the world's second largest oil consumer.

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Finance & Capital Market
Analysis, Interviews, Opinions

Cold brew transforms summertime coffee market

For coffee shops, business usually cools down as the weather heats up. But as the latest craze, cold brew coffee, moves from a hipster infatuation to mainstream staple, that traditional seasonal pattern is changing fast.

More…
Industry, Logistics & Shipping

Siemens wins Iraq substation contract

Iraq’s Ministry of Electricity has signed a contract with German industrial group Siemens to carry out the rehabilitation of four 132 kV substations in Baghdad, said a report.

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IT & Telecommunications

Ericsson to lead 5G development project

Ericsson, a leader in communication technology and services, has been chosen to coordinate the new METIS-II EU project to develop the overall 5G radio system design and provide recommendations for 5G standardisation.

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Lifestyle

Yahoo buys social shopping site Polyvore

Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.

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Motoring

Want to cut fuel cost? Here are some tips from Ford

Drivers in the UAE can maximise fuel efficiency by following some simple measures and they don’t have to change driving behaviours drastically, a senior Ford executive has said.

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Miscellaneous

Saudi king leaves France after holiday row

Saudi Arabian King Salman left the south of France for Morocco on Sunday, cutting short a planned three-week stay after a petition from some 150,000 residents over the closure of a public beach outside his villa.

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