Friday 22 August 2014
 
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Diversification

Diversification key to Bahrain growth, says IMF

The International Monetary Fund (IMF) has called upon Bahrain to take immediate steps to diversify its sources of income and not to rely on oil revenues, said a report. It also urged Bahrain to undertake comprehensive studies to r

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Bahrain diversification push in focus

A panel discussion on diversification of Bahrain's economy is being hosted by the Economic Development Board (EDB) in collaboration with the Bahrain Institute of Banking and Finance (BIBF). The discussion will be held tomorrow

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UAE 'leads in energy diversification'

The robust and diverse energy policy of the UAE will ensure that the country remains attractive for foreign investment, said a senior official. The UAE’s innovative energy policy rests on four pillars: diversification, conse

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Diversification 'key to maritime survival'

  Diversification and risk management are key to survival for companies in the maritime industry in the current challenging environment, a senior official said.   Speaking at the opening plenary ses

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Qatar Navigation plans major diversification

Qatar Navigation, a leading shipping and handling services provider, has drawn up a diversified operating portfolio consisting of a range of core maritime and logistics services as well as other activities. The company retained Roland Berg

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Saudi summit to study funding models

The need for Saudi Arabia to move away from the direct state/bank funding model and to the use of more diversified capital sources to fund its private sector will be discussed at an upcoming Euromoney summit in Riyadh. Experts from around

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Gulf poised for diversification

The GCC is in a perfect position to diversify away from oil and other traditional investments like real estate, according to NBB chief investment officer Alan Durrant. He told delegates at the Mena Investors Summit that with its booming ec

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Diversification 'main pillar of UAE economy'

The UAE economy has proven its strength in dealing with the global financial crisis, due to the wise economic policies and the leadership’s emphasis on diversification, said its economy minister Sultan Al Mansouri. Addressing a special gat

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Kuwait plan eyes $106 billion spending

Kuwait could invest 28 billion dinars ($105.5 billion) to execute a five-year plan aimed at boosting foreign investments and develop its financial sector, a newspaper reported on Tuesday, citing government sources. The Opec oil producer wa

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