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Bahrain in bid to avert cruise crisis

Bahrain is pushing hard to ensure that massive insurance premiums do not put the forthcoming cruise tourism season in jeopardy, said official sources. Sources told the Gulf Daily News, our sister publication, several companies had expresse

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Saudi may avert 'first budget deficit on higher oil'

Saudi Arabia may avert its first budget deficit in eight years thanks to an increase in prices that could peg the kingdom's average price for oil at $50 a barrel in 2009, according to a study on Tuesday. The Riyadh Chamber of Commerce

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