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Mena residents see improvement in personal financeMore than 40 per cent of professionals in the Middle East and North Africa (Mena) region expect their personal finances to improve in the next six months, revealed a recent survey. The latest Mena Consumer Confidence Index (CCI) S More… |
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Higher price will cut smoking habit says studyA majory of smokers in the UAE believe that a potential price hike will encourage them to reduce smoking, says a new study. It has been reported that this August, Dubai Municipality will take measures to reduce the number of smokers by app More… |
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Qatar to spend $2bn more on new airportQatar will spend an additional $2 billion on its new international aiport at Doha to accommodate aggressive expansion by its airline, a top official said on Tuesday. "The ultimate phase of the airport is estimated to cost another $2 billio More… |
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UAE employees 'gearing up for pay hike'Majority of the employees in the UAE believe they will be getting a salary increase in the next 12 months amid a major rise in the cost of living, according to a new survey. About 44 per cent of employees are unhappy with their last More… |
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UAE construction costs to fall says reportThe construction costs in the UAE will fall by about 1.3 per cent in 2012 due to the unexpected slowdown in the country’s projects market last year, according to a new report. 'The drop is the result of a fall in demand for constructio More… |
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Iran conflict would worsen bad economic situationThe drumbeat for a US or Israeli-led confrontation with Iran is growing. But an attack on the Islamic Republic would have serious economic consequences for the region - and the global economy. A military conflict could see Brent spike to $ More… |
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Bad bet costs Qatar $1bn in gas tanker refitsQatar made a billion dollar error when it built its liquefied natural gas (LNG) shipping fleet in the last decade, and now consumers may have to pay for the misstep, according to industry experts. The world's biggest LNG producer is ab More… |
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Europe's brain disorder bill hits $1trnThe annual cost of brain disorders in Europe has soared to 798 billion euros ($1 trillion) and the region is facing a political, social and financial "ticking bomb" as more people fall prey to mental illnesses, researchers said. A study by More… |
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Brother launches ‘thrifty’ laser printersBrother Gulf, a leader in home and business IT peripherals, launched a new line of monochrome laser printers (MLPs) with a focus on cutting down on printing costs. The new printers, which include the MFC 7860DW, MFC 7470D, HL 2240D, HL 227 More… |
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Social media 'costs firms $65,000 a year'A calculator which measures the cost to companies, of time spent by employees using social media, has revealed that the average company with 52 employees pays out $65,000 per year for non-work related social media activity. SpamTitan’s so More… |
