Sunday 29 March 2015
 
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Saudi Kayan extends olefins unit shutdown in Jubail

Saudi Kayan Petrochemical Co said it had extended the maintenance work on the olefins plant at its petrochemicals complex in Jubail after a technical fault was discovered. In a bourse filing, the company said repairing the fault w

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Prenatal blood tests detect cancer in some women

A new genetic test that sequences the blood of pregnant women for signs of diseases such as down syndrome in their fetuses are turning up unexpected results: a diagnosis of cancer in the mother. In as many as 40 cases, women who t

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Gold down on strong shares, set for biggest monthly loss

Gold edged down on Friday and was heading for its biggest monthly loss since September as European shares traded near seven-year highs and upbeat US data supported expectations of a rate hike by the Federal Reserve this year. Gold

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Trucks to be used for waste disposal in Bahrain development

Up to 20 truckloads of human waste will have to be hauled off every day from a set of luxury housing developments in the Riffa area in Bahrain to prevent sewage flooding the streets. The Gulf Daily News (GDN), our sister

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Wastewater treatment plant in Bahrain closes down

A wastewater treatment plant that serves Riffa Views, the Royal Golf Club and Awali announced last night (February 25) it was shutting down. Metito said that it was ‘forced to make the difficult decision’ and was demob

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Qatar's trade surplus stands at $25bn, down 7pc

Qatar's trade surplus for third quarter of last year stood at QR91.8 billion ($25.2 billion), down by nearly seven per cent compared to QR98.7 billion during the same period the previous year, according to a report. A Quarterl

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Oil output in Iraq's Kirkuk slumps 90pc

Oil output in Iraq's Kirkuk has slumped to 30,000 barrels a day since June, 90 per cent down on earlier this year, and a federal pipeline to the Turkish port of Ceyhan may be out of action for over a year due to sabotage, Kirkuk's govern

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Foreign direct investment in GCC declines 14pc

Foreign direct investment (FDI) in the GCC fell to $24 billion last year from $28 billion in the previous year, down 14.6 per cent, according to United Nations Conference on Trade and Development’s (UNCTAD) annually published World Investm

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Jordan shoots unidentified drone near Syria border

Jordan's air force shot down an unidentified drone near the north-eastern border with Syria on Friday, a government spokesman said, the first such event announced by authorities since Syria's crisis began

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Jazeera Airways profits down 34pc

Jazeera Airways Group has reported a net profit of KD4.9 million ($17.3 million) in the first half of the year, down 34.7 per cent as compared to the same period last year.  

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