Sunday 7 February 2016
 
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Asian shares fall, safe assets shine as oil retreats

Asian shares tumbled on Wednesday as oil prices dropped for a third day, prompting investors to seek shelter in safe-haven assets and lifting bonds and gold to multi-month highs. The MSCI's broadest index of Asia-Pacific share

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UAE economic growth seen at 3.9pc in 2015

Real economic growth in the UAE is estimated at 3.9 per cent year-on-year (y/y) for 2015, as real oil GDP growth continued to be affected by conditions in international energy markets, a report said. A resilient non-oil sector and

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UAE, Saudi non-oil business growth slows

The UAE’s non-oil private sector business activity improved at the slowest rate in 40 months during December 2015, while the same in Saudi Arabia improved at the weakest pace since 2009, a report said. The survey titled Emir

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UAE, Saudi non-oil business growth slows

The UAE’s non-oil private sector business activity improved at the slowest rate in 40 months during December 2015, while the same in Saudi Arabia improved at the weakest pace since 2009, a report said. The survey titled Emir

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UAE, Saudi see rebound in non-oil business growth

The UAE’s non-oil private sector expansion strengthened in November, having eased to a two-and-a-half year low during October, while faster growth of new work helped Saudi Arabia’s non-oil private sector to regain momentum, a report

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UAE, Saudi see rebound in non-oil business growth

The UAE’s non-oil private sector expansion strengthened in November, having eased to a two-and-a-half year low during October, while faster growth of new work helped Saudi Arabia’s non-oil private sector to regain momentum, a report

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Du, PMI strengthen project management tie-up

UAE telecommunications service provider du and Project Management Institute (PMI) today announced the renewal of a strategic cooperation agreement in project management.   The agreement will allow du to use PMI&r

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Gulf's private-sector growth slows as price of oil falls

The private sector in the two biggest Gulf Arab economies grew at the slowest pace in years in October, corporate surveys showed on Tuesday, indicating low oil prices are starting to slow business activity across the region. The s

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China factory activity falls 8th straight month

China's factory activity fell for an eighth straight month in October but at a slower pace as export orders flickered into life, a private survey showed on Monday, pointing to continued sluggishness in the world's second-largest economy.

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UAE, Saudi economic activity stable despite low oil

The UAE and Saudi Arabia continue to witness stable economic activity despite the challenging macro environment, a report said, adding that low oil prices have not yet translated into any economic slowdown. In the UAE, the non-oil

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