Tuesday 29 July 2014
 
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Bahrain talks suspended as coalition pulls out

Bahrain's National Dialogue initiative has been suspended indefinitely after another key set of participants pulled out of the talks. Members of the National Coalition (Sunni contingent) yesterday announced it would no longer

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DIFC Investments pulls out $350m loan

DIFC Investments, the investment arm of the Dubai International Financial Centre (DIFC), has decided to pull its secured $350 million syndicated loan from the market, banking sources close to the deal said. Goldman Sachs launched syndicati

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Dubai World pulls out of $5.3b Russian deal

The Dubai government's sovereign wealth fund, Dubai World, has pulled out of a $5.3 billion deal to take control of Russian power firm OGK-1 due to poor market conditions, a source close to the deal said on Monday. 'The investor [D

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Saudi investor pulls out of Austrian airline deal

Saudi Arabian investor Shaikh Mohammed bin Isa Al Jaber has sent a letter to Austrian Airlines saying he wants to pull out of a deal to take a stake in the loss-making airline. 'Austrian Airline confirms the receipt of the letter of withd

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Iraq risks chaos if US pulls out says report

There is no end in sight for the US military occupation of Iraq and a quick exit would risk "massive chaos and even genocide," a US think tank said in a report. The report by the Institute of Peace comes two days before US Ambassador Ryan

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