Tuesday 31 March 2015
 
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Supply

Oil falls more than $1 as Mideast supply fears ease

Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen. Goldman Sachs said the bombing of Yemen would have little effe

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GreenParking wins Dewa EV chargers supply deal

GreenParking, the first one-stop-shop parking company in the Middle East that provides environmental-friendly products and solutions, said it has been selected by Dubai Electricity and Water Authority (Dewa) to supply electro vehicle (EV) charge

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Kuwait renews $1bn BP jet fuel supply deal

State-run Kuwait Petroleum Corporation (KPC) has renewed contracts worth $1 billion with BP to provide the British oil company with jet fuel and gasoil, state news agency Kuna said on Tuesday. "The contracts that cover 2015 w

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Batelco signs bilateral supply deal with China Unicom

Bahrain Telecommunication Company (Batelco) has signed a master bilateral supply agreement with China Unicom Hong Kong, the international business development arm of China Unicom group in Asia Pacific and the Middle East regions, during the annu

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Thales lands Qatar tramway supply deal

Thales, a global technology leader in the aerospace, transportation, defence and security markets, said it has signed a contract with QDVC, a leading construction company, for delivery of integrated supervision and telecommunications equipment a

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Brent crude dips below $58 on strong dollar

Brent crude futures dipped below $58 a barrel on Tuesday as the dollar hit multi-year highs and the oil market remained hobbled by oversupply and weak demand. The US dollar hit a near 12-year peak against the euro and an eight-yea

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Brent crude dips below $58 on strong dollar

Brent crude futures dipped below $58 a barrel on Tuesday as the dollar hit multi-year highs and the oil market remained hobbled by oversupply and weak demand. The US dollar hit a near 12-year peak against the euro and an eight-yea

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Brent climbs above $61 on Mideast supply concerns

Brent crude rose above $61 a barrel on Friday amid geopolitical tensions in Libya and Iraq, while traders eyed US rig counts and the outcome of Iran nuclear talks for further trading cues. Fighting has escalated in northeast Iraq

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Brent approaches $61, set to end 7-month losing streak

Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in North Sea and renewed fears of gas supply disruption in Europe supported prices. A reduction in rig counts

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Dubai rents to soften as new supply enters market

The supply of 13,000 new homes this year is likely to soften the rents in Dubai's property market especially the apartments sector which has seen rents soar by up to 65 per cent over the last five years, said a report by leading real estate

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