Thursday 17 April 2014
 
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annual

KFIC equity fund posts 20pc return

Kuwait Finance and Investment Company (KFIC) said its Al-Bashaer GCC equity fund has attained an annual return of 20.02 per cent. The company’s Al-Wasm fund marked an annual return of 7.91 per cent, said a statement.

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GCC retail sales to grow 8pc

The retail sales in the GCC are projected to grow at an average annual rate of eight per cent during 2011-16 period to RO270 billion ($699.2 billion), said a report. "Food constitutes 50 per cent of total retail spending, whi

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10,000 officials to attend Dubai investment meet

A record participation of more than 10,000 senior officials from 165 countries is expected at the fourth Annual Investment Meeting (AIM) to be held in Dubai from April 8. The three-day meeting, which will review a host of investme

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Bahrain law on annual leave may be challenged

  Bahrain's new Labour law governing annual leave for employees is allegedly costing companies millions of dinars and businessmen claim leave costs have doubled since the new regulations came into force last September, a repo

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ME to 'become top plastic packaging export hub'

Leading players in the plastic packaging industry will be in Abu Dhabi this March to evolve strategies to help transform the Middle East region into an exciting export market. For the first time, leading converters in the region will share

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Bahrain inflation drops to 3.1pc

Annual inflation in Bahrain slowed to 3.1 per cent in April from 4.3 per cent in March as food and beverage prices posted a month-on-month decline, official data showed. The consumer price index of the Gulf island kingdom stood at 109.5 po

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Gulf annual exim crosses $320bn mark

The Middle East region’s transport and logistics industry is one of world’s fastest growing sectors boosted by Gulf’s annual imports and exports which is now close to over $320 billion, according to experts. Speaking at the Meed's Gulf Lo

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Dubai to host Gess, forum annually

The Gulf Educational Supplies Show (Gess) and accompanying Gulf Education Forum are to become annual fixtures on the Dubai B2B events calendar following a tremendous inaugural airing. Fairs & Exhibitions (F&E), the company behind t

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