Thursday 2 April 2015
 
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China’s luxury market shows shift in ties to GCC

China’s luxury market is undergoing a fundamental shift, brought on by evolving customer dynamics, an influx of new, emerging luxury labels, an economic slow-down and ties to the GCC. According to Bain & Company’s

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Market traders in Bahrain refuse to shift to new location

Traders who were supposed to move out of the Muharraq Central Market in Bahrain last June are refusing to leave, it has emerged. Twenty-five businesses, including a branch of Ramez, are apparently digging their heels in because th

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Umm Sequim primary health centre to shift base to Al Barsha

Dubai’s Umm Sequim primary health centre will shift its base to Al Barsha primary health centre, according to the Dubai Health Authority (DHA). The patients registered with Umm Sequim health centre will now have access to ne

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Dow Chemical 'not quitting Kuwait, shifting strategy'

US petrochemicals giant Dow Chemical Co is not pulling out of Kuwait but is shifting strategy, its chief executive said, after the company announced plans to reduce its equity positions in all of its Kuwaiti ventures. Asked ab

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Qatari household spending on the rise

A huge rise in Qatari household expenditure and a shift in its pattern was found by a survey, said a report.   The latest Qatar ‘Social Statistics 2003-2012’ survey by the Ministry of Development, Pla

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Comguard to shift HQ to new facility

Comguard, a Dubai-based value-added distributor for IT security products and a part of Spectrum Group, is set to shift into its new corporate headquarters in Dubai. The new corporate facility located at the Mazaya Business Avenue,

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Shift launches new 50 Cent DJ headphones

Shift, a leading distributor of consumer electronics in the Middle East and Africa, has unveiled Street By 50 Cent DJ headphones, the iconic and latest headphone series from SMS Audio – a premier brand in headphones and earphones.

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Mideast intra-regional investments on the rise

Middle East has long been the ideal  foreign direct investment (FDI) hub for investors from Western Europe and North America. But with global crisis causing a slowdown in most developed countries, the FDI scene is slowly shifting to the int

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Savers shift money to safer havens

Greek savers may be gripped by a 'great fear that could develop into panic' in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago.

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Top Iran cleric lauds nuke talks, signals shift

An influential Iranian cleric praised recent nuclear talks between Iran and world powers on Friday, the latest in a series of positive statements from senior figures that analysts said could signal Tehran is softening its stance. Ayatolla

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