Saturday 5 September 2015
 
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UAE markets firm; Emaar gains

United Arab Emirates stock markets were firm in early trade on Tuesday after oil prices and Asian bourses stabilised at least temporarily, encouraging UAE retail investors to buy back property shares in particular. Dubai's ind

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India gains as stock investors flee China pain

China's recent stock market pain is proving to be India's gain, with share prices in the south Asian nation reviving as investors who cut their holdings earlier this year switch out of Chinese equity markets and back into India's.

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Oil remains near 2009 lows on high US stocks

US crude oil prices remained close to their lowest in over six years early on Friday, as rising US stockpiles stoked oversupply and on worries over demand from slowing economies in Asia.   US oil prices tumbled m

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Key GCC stock markets remain range-bound

GCC stock markets remained range-bound last month with minimal volatility as investor participation declined significantly across the region owing to Ramadan, according to a report. Research by Kuwaiti firm Kamco Investment Company showed this

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Strategic Marine delivers personnel vessels stock programme

Strategic Marine, a specialist shipbuilder and fabricator, has confirmed its stock programme of personnel transport vessels is market-ready.   Reece Newbold, group business development manager, said: “Our s

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Bahrain’s fishermen ‘forced to trespass’, local stocks dwindle

Dwindling fish stocks in the seas around Bahrain are forcing fishermen to trespass into other country’s territorial waters, an industry expert has warned. Professional Fishermen’s Society president Jassim Al Jeran&rsqu

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Google gains billions over YouTube growth

Google's stock closed up 16.3 per cent at $699.62 on Friday, adding about $65 billion to its market value, as strong growth in YouTube viewership eased investor concerns about Facebook Inc's push into video. Google's c

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Slow start after Saudis open stock market to foreigners

One week after Saudi Arabia opened its stock market to direct foreign investment, US mutual fund managers said they are interested but not rushing to invest in the Middle East's biggest economy. Foreign fund inflows are slower

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Tadawul to showcase opportunities at top financial centres

The Saudi stock exchange (Tadawul) is planning to showcase the opportunities it holds at top financial centres around the world, after opening up to international investors, according to a report. A series of road shows will be or

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Suez Canal Authority gains powers to set up joint-stock firms

The Egyptian government approved legislative amendments on Thursday that would grant the Suez Canal Authority the right to establish joint-stock companies, the cabinet said in a statement. Egypt plans to build a new Suez Canal alo

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