Saturday 29 August 2015
 
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DP World H1 profit up 22pc

DP World, the Dubai-based global shipping terminal operator, has reported a 21.9 per cent rise in net profit for the first half of the year, in comparison to the same period in 2014. The acquisition of logistics infrastructure fir

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Gold set for biggest weekly rise as stocks, dollar slide

Gold steadied on Friday after a rally to six-week highs ran out of steam, but it remained on track for the biggest weekly rise since mid-January as more bad economic data from China battered financial markets.  

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US oil imports rise as contango encourages storage

US crude imports topped eight million barrels per day (bpd) last week for only the second time this year, spurring an unexpected rise in stockpiles and sending US oil prices down to a fresh post-crisis low.  

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Bank Audi’s net profit rises 7pc to $202m

Lebanon's Bank Audi said first-half net profit rose seven per cent to $202 million compared with the same period last year, mostly due to higher revenue and it recorded healthy growth in its Egypt and Turkey operations. The ba

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Industrial land demand to rise in Bahrain

The implementation of a new law raising the leasing rates for industrial land in Bahrain is expected to attract an unprecedented demand for industrial plots in Ra’as Zweid and land adjacent to Ma’ameer and Sitra villages, according t

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Industrial land demand to rise in Bahrain

The implementation of a new law raising the leasing rates for industrial land in Bahrain is expected to attract an unprecedented demand for industrial plots in Ra’as Zweid and land adjacent to Ma’ameer and Sitra villages, according t

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Chelating agents demand to rise to 4.3m tonnes

The global demand for chelating agents that are used in detergents and cleaners to lower water hardness, is set to rise to more than 4.34 million tonnes by 2022, according to market research institute Ceresana. Chelating agents ar

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Seef Properties gains rise 27pc to $11.5m

Seef Properties has reported a 27 per cent rise in net profit at BD4.35 million ($11.5 million) for the first six months when compared with BD3.43 million ($9 million) recorded during the same period last year. A statement by the

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'Seas could rise 6 metres even if govts curb warming'

Sea levels could rise by at least six metres in the long term, swamping coasts from Florida to Bangladesh, even if governments achieve their goals for curbing global warming, according to a study published on Thursday. Tracts of i

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Alinma Bank Q2 net profit rises 18.5pc

Saudi Arabia's Alinma Bank reported a 18.5 per cent rise in second-quarter net profit on Thursday, beating analysts' forecasts. The Net profit in the three months to June 30 was SR365 million ($97.3 million), compared to S

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