Sunday 26 April 2015
 
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Gulf Print and Pack posts 26pc rise in visitors

Gulf Print and Pack 2015, a leading platform in the Middle East for the commercial and package printing industry which recently concluded in Dubai, has posted a 26.7 per cent rise in visitor numbers. Its visitors came from more th

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BBK's net profit rises 6pc to $39m

Bank of Bahrain and Kuwait (BBK) has reported six per cent rise in net profit at BD14.9 million ($39.52 million) for the first quarter of this year, compared with BD14 million in the same period last year. Earnings per share for t

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World Free Zones Organization sees membership surge

The World Free Zones Organization (World FZO), a non-profit industry body for free zones, has announced a steep rise in membership numbers. Launched in May last year, the World FZO began operations with 14 founding members. Howeve

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Mideast OFS spend to recover as oil prices rise

Middle East and Asia, the onshore dominated regions, is set to see a recovery in expenditure as oil prices rise, due to the sensitivity of onshore driving activity to changes in oil price, according to a recent forecast. The Dougl

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Lebanon job levels rise despite subdued economic activity

The employment level is rising in Lebanon despite subdued economic activity, according to the latest Crédit Agricole Private Banking research report, ‘Macro Comment – Lebanon Update.’ The February PMI inde

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Lebanon job levels rise despite subdued economic activity

The employment level is rising in Lebanon despite subdued economic activity, according to the latest Crédit Agricole Private Banking research report, ‘Macro Comment – Lebanon Update.’ The February PMI inde

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Opec oil output rises in January as key members stand firm: Survey

The Organization of the Petroleum Exporting Countries (Opec's) oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Gulf producers, a Reuters survey showed, a sign key m

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Oil rises, but set for record run of monthly falls

Oil rose above $49 a barrel on Friday, supported by renewed violence in Iraq but with a persistent global supply glut keeping the market on course for a seventh straight month of declines, its longest bear run on record. Benchmark

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NBB registers record profit of $142m, up 4pc

National Bank of Bahrain (NBB) has reported a four per cent rise in net profit to BD53.44 million ($142.12 million) for last year, compared with BD51.36 million in 2013. The profit figure is the highest ever achieved by the bank,

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GCC residents' insurance, savings penetration to rise in 2015

Insurance and savings penetration in the GCC is set to continue its rise next year due to developing regulations and increased awareness about the importance of financial security, according to leading insurance broker Nexus Group.

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