Saturday 12 July 2014

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GROUND INVASION ‘NOT RULED OUT’
Gaza death toll hits 115 amid global call for ceasefire

Israel pounded Palestinian militants in the Gaza Strip on Saturday for a fifth day, killing nine people including two disabled women according to medics, and showed no sign of pausing despite international pressure to negotiate a ceasefire.

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1

POLITICAL DEADLOCK DEEPENS
Kurds seize Iraq oilfields, ministers pull out of govt

Kurdish forces seized two oilfields in northern Iraq and took over operations from a state-run oil company on Friday, while Kurdish politicians formally suspended their participation in Prime Minister Nuri al-Maliki's government.

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2

JULY 20 DEADLINE SET
Big powers to join Iran nuclear talks in Vienna

The six world powers and Iran will meet this weeked to try to reach a deal that would end sanctions in return for curbs on Tehran's nuclear programme, the US State Department said.

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3

SPOTLIGHT
Six tips for collecting customer feedback

Collecting customer feedback is one of the most important things management can do to improve their customer experience. Yet many organisations either collect feedback on an ad-hoc basis, or don’t collect feedback at all.

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4

TECHNOLOGY
Personalised driving with Jaguar's 'intelligent car concept'

Researchers at Jaguar Land Rover have developed an intelligent self-learning vehicle that will offer a completely personalised driving experience and help prevent accidents by reducting driver distraction.

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5

IMAGE OF THE DAY
Supersize fun

Revellers stand next to traditional giant figures during the San Fermin festival in Pamplona on July 12. The festival, a heady mix of drinking, dancing, late nights and bullfights, runs for nine days until July 14.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Aldar Properties appoints new CEO

Abu Dhabi-based Aldar Properties, a leading listed property development, investment, and management company, has appointed Mohammed Khalifa Al Mubarak as chief executive officer effective immediately.

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Retail & Wholesale

Saudi retailer Alhokair eyes $560m capital boost

Saudi Arabian retailer Fawaz Abdulaziz Alhokair, which franchises brands such as Zara and Marks and Spencer in the kingdom, proposed doubling its capital to SR2.1 billion ($560 million) through a one-for-one bonus issue.

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Energy, Oil & Gas
Finance & Capital Market

Investcorp to buy Dutch firm in $327m deal

Bahrain-based Investcorp, an alternative investment manager, has signed an agreement to acquire Netherlands-based SPGPrints Group from funds managed by Bencis Capital Partners for an enterprise value of 240 million euros ($327million).

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Analysis, Interviews, Opinions

World cities to add 2.5bn more by 2050: UN

More than half of the world's seven billion people live in urban areas, with the top "mega cities" - with more than 10 million inhabitants - being Tokyo, Delhi, Shanghai, Mexico City and Sao Paulo, according to a UN report on Thursday.

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Industry, Logistics & Shipping

Jubail port records 20pc increase in cargo

Jubail Commercial Port has recorded a 20 per cent increase in the total weight of cargo transported via its port during the first half of 2014 with more than 5 million tonnes, said a report.

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Travel, Tourism & Hospitality

Boeing clinches $56bn Emirates 777X jet order

Dubai-based Emirates airline has placed a record-breaking order for 150 Boeing 777X jetliners valued at $56 billion at list prices which includes purchase rights for an additional 50 airplanes, said the top US plane maker in a statement.

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IT & Telecommunications

Microsoft cybercrime bust frees 4.7m infected PCs

Microsoft Corp has freed at least 4.7 million infected personal computers from control of cyber crooks in its most successful digital crime-busting operation, which interrupted service at an Internet-services firm last week.

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Motoring

First driverless car launched in Saudi

BYD Auto, a Chinese automobile manufacturer based in Shenzhen, recently launched its first car in Saudi Arabia that can be driven without a driver through a remote control, a report said.

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Health & Environment

Emirates, India hospital deal offers special fares

Dubai-based Emirates has teamed up with top healthcare provider Apollo Hospitals to offer specially formulated fares for round-trip flights on the airline to the hospital’s flagship locations in India.

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Media & Promotion
Education, HR & Training

Bahrain institute staff tops CISI exam

Banya Bhattacharya, a part-time lecturer at Bahrain Institute of Banking and Finance (BIBF), topped the exams conducted by UK-based professional body Chartered Institute for Securities & Investment (CISI) with 100 per cent marks.

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Miscellaneous

China PE firm buys Pizza Express for $1.6bn

Chinese private equity firm Hony Capital has struck a deal with Gondola Group to buy Britain's Pizza Express chain for about GBP900 million ($1.6 billion), the companies said on Saturday.

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