Sunday 25 September 2016
 
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Sahara dismisses $1.3bn UK-Gulf bid for prime hotels

Indian diversified group Sahara has diregarded a $1.3 billion UK-Saudi bid received for its three hotels in London and New York as 'baseless', stating that it values the assets lower than the market price, said a report. T

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Royal Opera House Muscat to showcase venue at ATM

The Royal Opera House Muscat (ROHM), Oman’s leading arts and culture organization, will be participating for the second consecutive year at this month's Arabian Travel Market (ATM), the region’s leading travel and tourism event,

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Etihad renews partnership with Sydney Opera House

Etihad Airways and the Sydney Opera House have extended their partnership for a further five years.   The extension will take Etihad well into the Opera House’s Decade of Renewal – launched in its 40t

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Finance House launches online security shield

Finance House has launched an extra safe online security shield '3D Secure.'    Enabled across all credit cards, this feature will protect Finance House customers from the haunting threat of cyber th

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National Finance House to distribute 7pc cash dividend

National Finance House (NFH), a Bahraini incorporated finance provider, is set to distribute a cash dividend of seven per cent of the paid-up share capital, amounting to BD525,000 ($1.3 million), said a report in the Gulf Daily News (GDN)

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Finance House posts $16.7m net profit

Abu Dhabi-based Finance House, a leader in commercial and retail financing, financial services and investments, has reported a consolidated net profit of Dh61.7 million ($16.7 million) for 2015, slipping from Dh73.3 million ($19.9 million) achie

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India's Sahara Group to sell London hotel to Qatar

Indian diversified group Sahara will soon close an agreement to sell the Grosvenor House hotel in London to Qatar, it told a court in India on Tuesday, said a report. The group is also negotiating a deal with a lender for refinancing th

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Oil prices, markets climb after turbulent few days

Oil prices and global equity markets rebounded on Thursday, following a turbulent few days that wiped trillions of dollars off asset values, though it was unclear whether the vigorous selling action had come to an end.  

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Finance House posts $17.6m net profit

Finance House has registered a net-profit of Dh64.7 million ($17.6 million) for the nine months ended September 30, compared to Dh73.3 million for the full year ended December 31, 2014.   On the back of steady gr

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NBAD wins 'Best Sukuk House of the Year'

The National Bank of Abu Dhabi (NBAD) has been named 'Best Sukuk House of the Year' at the Global Islamic Finance Awards 2015 ceremony held in Bahrain recently.   The Global Islamic Finance Awards (GIFA)

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