Saturday 5 September 2015
 
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UAE’s real estate markets rattled by oil slump

The sharp decline in oil prices over the past one year has started to impact the UAE real estate market in a big way, with property transaction levels falling across Abu Dhabi, Dubai and Sharjah, said a report. A further reduction in oi

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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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Global markets plunge ‘won’t impact Bahrain’

Economies of Bahrain and the GCC region may be nearing the zone of discomfort but are far from the danger zone, leading economists have said. According to Bahrain-based economist Dr Akbar Jaffari, who also runs a consultancy called Jafcon, sai

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Great fall of China sinks world stocks, dollar

World stock markets plunged on Monday, as a near 9-per cent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exit. The Dow Jones Industrial Average dropped more than 1,000 po

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Great fall of China sinks world stocks, dollar

World stock markets plunged on Monday, as a near 9-per cent dive in China shares and a sharp drop in the dollar and major commodities sent investors rushing for the exit. The Dow Jones Industrial Average dropped more than 1,000 po

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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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Russia to to discuss oil markets, Iran with Opec

Russia and Opec Secretary-General Abdullah Al-Badri will discuss oil markets and the Iran situation in Moscow on July 30 amid sliding oil prices, Russian Energy Minister Alexander Novak said. The prospect of an influx of Iranian c

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EServGlobal launches mobile money app in emerging markets

EServGlobal, a company that specialises in mobile money solutions and value-added services to telco service providers , has launched a smartphone app for mobile money services in emerging markets. The white-label app will be part

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EServGlobal launches mobile money app in emerging markets

EServGlobal, a company that specialises in mobile money solutions and value-added services to telco service providers , has launched a smartphone app for mobile money services in emerging markets. The white-label app will be part

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Qatar starts work on three new markets

Qatar has started work on a major project to build new central markets, each for vegetables, meat, livestock and poultry, on a 20,000-sq-m plot of land, said a report. These new markets will come up at Al Sayliyah, Umm Salal and A

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