Friday 31 July 2015
 
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DGCX launches new data enriched micro-website

The Dubai Gold and Commodities Exchange (DGCX) has launched the ‘Market Watch,’ a content rich micro-website that will provide in-depth analysis of trading data and price movements of DGCX products along with charts and market depth

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Gap between rich and poor 'is widening'

The widening gap between haves and have-nots in much of the developed world not only raises concerns about the fraying social fabric - it's also dramatically holding back economic growth, according to a new global study. Far f

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Kaya launches ‘Plasma Rich Platelets’ for skin rejuvenation

Kaya Skin Clinic, a leading skincare clinic chain in the Middle East, has launched a new service ‘Plasma Rich Platelets,’ which reinforces Kaya’s positioning as the market leader in service offerings and expertise.

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Oil rich Gulf countries ‘receive relatively high FDI’

The oil rich countries in the Gulf - Saudi Arabia and Kuwait - are receiving relatively high foreign direct investment in the Middle East, according to a report. The report developed by Deloitte in conjunction with the Social Prog

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Private wealth in GCC doubles to $2.2 trillion

Private wealth in the GCC has doubled from $1.1 trillion in 2010 to $2.2 trillion in 2014 at an overall compound annual growth rate (CAGR) of 17.5 percent, according to a study. The study by management consultancy Strategy&, f

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Richest 1pc ‘will own more than the rest by 2016’

More than half the world's wealth will be owned by just one per cent of the population by next year as global inequality soars, anti-poverty charity Oxfam said on Monday. In a report released ahead of this week's annual me

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Cash-flush Gulf banks grab top spots in loan market

Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms, elbowing aside some of the foreign banks which used to dominate lending. &nbs

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Global millionaire population booming, getting richer

The number of millionaires worldwide grew by nearly 2 million last year and the group grew nearly 14 per cent richer, boosted by rising stock markets and improving economies, according to a study released on Wednesday. The number

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Bahrain ranks high in rich households

Bahrain is ranked sixth in the world for its percentage of millionaire households, according to a new study from a global management consulting firm.   In its latest Global Wealth report, US-based The Boston Cons

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Super-rich heading for London as new crises bite

Political and financial upheaval in some of the world's largest emerging economies is driving a new wave of rich migrants to London's supercharged property market as a place to park their wealth, data from a leading real estate agency sh

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