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Mena equity market 'to see increased activity'The investment activity in the Mena private equity market is set to increase in the next 12 months, said a new survey reflecting the bounce back in confidence amongst regional general partners. The exit activity is also expected t More… |
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Kuwait consumer spending seen strong in 2012The consumer spending in Kuwait is set for another strong year in 2012 backed by solid salary increases and an improving employment scenario, according to a report by the National Bank of Kuwait (NBK). The consumer spending growth More… |
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Global economic confidence level plummetsConfidence in the state of the world economy over the next 12 months fell to the lowest level in five quarters, according to the Global Confidence Index prepared by the World Economic Forum. The relative optimism of the More… |
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US consumer confidence hits lowUS home prices edged higher for the second month in a row in March as the housing recovery picked up traction, but consumer confidence cooled in May to a new low, said a report. The US consumer confidence has plunged to its four-month More… |
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Top Iraqi MPs threaten trust voteFour of the most senior political leaders in Iraq's fragile coalition have threatened to bring a vote of no confidence in the government unless 'autocratic decision-making' stops, a letter published in a state newspaper said. More… |
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Lufthansa boosts Tripoli flightsLeading German airline Lufthansa has announced plans to launch daily flights to Libyan capital Triploli from its hub in Frankfurt starting from April 22. Lufthansa had been operating three non-stop flights per week on this sector since the More… |
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Confidence up on global economyConfidence in the state of the global economy among decision makers has reached its highest level during the past four quarters, says a World Economic Forum report. One third of global experts from business, government and civil society sa More… |
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Egypt MPs move against govtEgypt's parliament voted on Sunday to begin steps to withdraw confidence from the military-appointed government. This move will pile pressure on the ruling generals to appoint a new cabinet led by the Muslim Brotherhood, reports said. More… |
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Wages, confidence rising in oil and gas sectorThe global oil and gas industry is brimming with confidence despite widespread concerns over the global economy and wages are surging in the sector, according to an annual salary guide. The Salary Guide, produced by Hays Oil & Gas and More… |
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$750m Bahrain bond 'to spur confidence'Bahrain's $750 million Islamic bond issue last week was a part of the Kingdom's plan to create a yield curve, said a senior Central Bank of Bahrain (CBB) official. 'Bahrain's return to the sukuk market through a longer date More… |
