Sunday 31 July 2016
 
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Australian PM pledges $738m to help ailing Great Barrier Reef

Australian Prime Minister Malcolm Turnbull, facing a tight re-election battle, pledged on Monday a A$1 billion ($738 million) fund for the Great Barrier Reef, where scientists say mass coral bleaching has destroyed vast tracts of the World Herit

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Etihad Aviation Group, partners raise $500m additional funds

Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia have successfully raised a further $500 million in a second platform financing transaction, following the success of last year’s bond which raised

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ME funds upbeat on bonds, lukewarm to stocks

Middle East fund managers have turned bullish towards fixed income and less positive on equities as they prepare for an economic slowdown in the Gulf this year, a monthly Reuters survey shows. The most recent survey of 14 leading

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ME funds positive on bonds, lukewarm on stocks

Middle East fund managers have turned bullish towards fixed income and less positive on equities as they prepare for an economic slowdown in the Gulf this year, a monthly Reuters survey shows. The most recent survey of 14 leading

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Mideast funds more bullish on stocks, bearish on bonds

Middle East fund managers have become more positive on regional equities with a strong bias towards the UAE, and more bearish on bonds, a monthly Reuters survey shows. The survey of 14 leading fund managers, conducted over the pas

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Mideast funds more bullish on stocks, bearish on bonds

Middle East fund managers have become more positive on regional equities with a strong bias towards the UAE, and more bearish on bonds, a monthly Reuters survey shows. The survey of 14 leading fund managers, conducted over the pas

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Egypt invites Saudi funds to develop key projects

The Egyptian government has invited Saudi Arabian funds to develop prime tourism and housing projects as part of planned investments by the kingdom to help the country's dollar-starved economy, said a report. These funds were

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French SWFs acquire $150m stake in KHC

Leading French sovereign funds and companies have jointly acquired a major stake in Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleel. As per the agreement with KHC, the sovereign fund CD

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Sico delists two funds from Bahrain Bourse

Securities and Investment Company (Sico) has delisted two of its funds – Sico Arab Financial Fund (SAFF) and Sico Money Market Fund (SMMF) – from Bahrain Bourse (BHB). This follows a formal request by the bank to BHB earlier in the

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Middle East funds turn negative on equities

Middle East fund managers have on balance turned negative towards equities in the region because of low oil prices, instability in the global economy and the prospect of monetary tightening, a monthly Reuters survey shows. The sur

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