Friday 4 September 2015
 
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Sparrows expands into Saudi with new partner Zamil

Sparrows Group, a leader in the provision of engineered products and services in the specialist areas of lifting and handling, cable and pipe lay, and fluid power to the energy industry, has expanded its reach in the Middle East after forming

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Sparrows expands into Saudi with new partner Zamil

Sparrows Group, a leader in the provision of engineered products and services in the specialist areas of lifting and handling, cable and pipe lay, and fluid power to the energy industry, has expanded its reach in the Middle East after forming

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Saudi issues $4bn bonds to finance budget deficit

Saudi Arabia has issued bonds worth SR15 billion ($4 billion) to local banks this year to finance its budget deficit, its central bank governor was quoted as saying by Al-Iqtisadiya daily on Friday. The bonds will help pay for a b

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Long-term financial goals vital for Bahrain residents

Bahrain’s local and expat population may be too focused on achieving relatively short-term financial goals and neglecting long-term planning, revealed new research. Zurich International Life and Citi released findings of the

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Orpic borrows $910m from local, Gulf banks

State-owned Oman Oil Refineries and Petroleum Industries Co (Orpic) has taken out a RO350 million ($910 million), ten-year loan from local and regional banks, part of which will be used to fund expansion projects, the company said on Friday.

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Opex to promote Omani products in Jeddah

Omani Products Exhibition (Opex 2015) is set to kick-off in Saudi Arabia as part of a campaign to promote locally manufacture products abroad. The exhibition, which will run from May 18 to 21 at the Jeddah Centre for Forums and Ev

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Opex to promote Omani products in Jeddah

Omani Products Exhibition (Opex 2015) is set to kick-off in Saudi Arabia as part of a campaign to promote locally manufacture products abroad. The exhibition, which will run from May 18 to 21 at the Jeddah Centre for Forums and Ev

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Saudi cbank ‘would welcome insurance mergers’

Saudi Arabia's central bank would welcome mergers among local insurance companies as long as they were positive for all parties, central bank governor Fahad Al-Mubarak said on Thursday. A number of Saudi insurance firms have b

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Abu Dhabi encourages growth of local tourism entrepreneurs

Abu Dhabi’s tourism industry is being encouraged to consider wider engagement with local entrepreneurs to boost the value of the emirate’s tourism value chain. This is part of a new initiative introduced by Abu Dhabi Tourism

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Saudi mulls business visas without local sponsorship

Saudi Arabia’s Ministry of Foreign Affairs has been urged to consider issuing business visas to genuine businessmen without insisting on certificated of local sponsorship to visit the kingdom, according to a report. The Shur

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