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Air Arabia passenger numbers up 22pcAir Arabia, a leading low-cost carrier in Mena, welcomed 379,092 passengers in August, an increase of over 22 per cent compared to the corresponding month in 2011. The airline also reported that the average seat load factor - passengers More… |
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Egypt balance of payments gap widens to $11bnEgypt's balance of payments deficit widened to $11.3 billion in the financial year to June from $9.8 billion in the previous year, preliminary figures from the central bank showed on Monday. The country saw an exodus of foreig More… |
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Gulf oil output surges in AugustOil output by the big three Gulf producers saw a net increase of around 400,000 barrels per day (bpd) in August from July as a sharp rise in Kuwaiti output outweighed cuts by Saudi Arabia and the UAE, sources said. Saudi Arabia an More… |
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Hottest Aug for Bahrain in 100 yearsLast month was Bahrain's second hottest August on record, weathermen said, adding that the mean temperature for the month was 35.9C, which was 1.9C above average and the second hottest recorded since 1902. However, it was the least More… |
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Iraq oil exports hit 30-year high in AugustIraq's oil exports rose to 2.565 million barrels per day (bpd) on average in August, their highest level for three decades, the head of the State Oil Marketing Organisation (SOMO) told Reuters on Saturday. Iraq exported 2.516 More… |
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Abu Dhabi’s guest nights up 14pc in AugustThe number of guest nights at Abu Dhabi’s hotels and hotel apartments increased 14 per cent in August over the same month of 2010, though the number of guests dipped five per cent, said a report. Abu Dhabi Tourism Authority (ADTA) said the More… |
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Kia’s global sales up 13.8pc in AugustSouth Korean automaker Kia Motors announced has sold a total of 197,695 vehicles in August, marking a year-on-year increase of 13.8 per cent. In August, Kia posted year-on-year sales increases in all of its overseas regions – 40.9 per cent More… |
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GM posts record August sales in MideastGeneral Motors Middle East has reported sales of 12,849 vehicles last month, marking a 24 per cent increase versus a year ago as well as its highest August sales ever in the region. Total sales of Chevrolet in August rose by 24 per cent ye More… |
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Airbus well ahead of Boeing in Jan-AugAirbus managed to stay well ahead of Boeing in August, capitalising on the success of its revamped A320 family of narrowbody jets. The European planemaker said in a monthly tally it had sold 1,156 aircraft between January and August. More… |
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August fifth hottest month in BahrainThe mean temperature for August was 1.5C above average at 35.5C, making it the fifth hottest month on record in Bahrain, officials said. It was only exceeded by August 1998, which touched 36.5C, August 2000 at 35.8C, August last year at 35 More… |
