Wednesday 2 September 2015
 
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Gulf corporate earnings surge 10pc, surpass highest level

Corporate earnings in the Gulf states rose 10 per cent last year, for the first time surpassing their highest level before the global financial crisis, a report said. Net profits of the 658 listed companies on the seven bourses of

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Gulf corporate earnings surge 10pc, surpass highest level

Corporate earnings in the Gulf states rose 10 per cent last year, for the first time surpassing their highest level before the global financial crisis, a report said. Net profits of the 658 listed companies on the seven bourses of

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Mena IPOs raise $11.5bn, highest since 2008

Companies in the Middle East and North Africa (Mena) region have raised $11.5 billion last year, through 27 initial public offerings (IPOs), nearly four times more than the $3 billion in 2013, according to a report. The Ernst &

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Bahrain records highest power demand

Bahrain has registered its highest power demand this year at 3,040mw last Wednesday (June 11) at about 3pm, surpassing last year’s high by 123mw, Minister of State for Electricity and Water Affairs Dr Abdulhussain Mirza said yesterday.&n

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Azerbaijan group to build 'tallest tower'

Plans to build to the 'world's tallest tower' in Azerbaijan have been announced by a leading businessman, a report said. Azerbaijani businessman Haji Ibrahim Nehramli, president of the Avesta Group of Companies, said the project will come

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At the Top, Burj Dubai opens tomorrow

At the Top, Burj Dubai, the world’s highest observation deck on Level 124 of Burj Dubai, the tallest building in the world, will open its doors to the public from tomorrow (January 5). Tickets are time stamped at 30-minute intervals,

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Oasis Leasing net up 76pc to $46.5m

Oasis International Leasing has recorded a net profit of Dh171 million ($46.5 million) up 78 per cent over the corresponding period last year. This is the highest net profit since the company's inception in 1997, said a top company officia

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Oasis Leasing net up 76pc to $46.5m

Oasis International Leasing has recorded a net profit of Dh171 million ($46.5 million) up 78 per cent over the corresponding period last year. This is the highest net profit since the company's inception in 1997, said a top company officia

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