Saturday 23 May 2015
 
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Dubai house prices to fall further this year: Cluttons

Dubai house prices are likely to fall further this year as tougher mortgage lending rules, higher transaction fees and rising living costs dampen demand, a report from consultants Cluttons predicted on Wednesday. The emirate's

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Finance House posts $6.9m net profit

Finance House has registered a consolidated net profit of Dh25.53 million ($6.9 million) for the first quarter of the year, compared to Dh35.51 million during the same period in the previous year. The net interest income and incom

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Bahrain considers alternatives to jail for criminal offenders

Alternatives to prison sentences for criminal offenders are being considered in Bahrain, it has emerged. House arrest and mediation are among new avenues being explored, Public Prosecutor Dr Ali bin Fadhel Al Buainain told the

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Maid in Bahrain stranded in row with sponsor

A housemaid who claims she was not paid for a year, locked up without food, physically abused and prevented from speaking to her family is now stranded in Bahrain because her employer won't authorise her return home. Nazifah N

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Qatar house rents up 20pc, ‘may stabilise amid demand’

Residential property rents in Qatar have increased 20 per cent over last year, but the oil price crash may help stabilise the market and prevent an unreasonable further hike, according to a report. The falling oil prices, however,

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NCB Capital wins best ‘Research House’ award

NCB Capital, a leading provider of wealth management services in the GCC and Saudi Arabia’s largest asset manager, has been named the best overall ‘Research House’ in the annual Euromoney Middle East Equity Research awards for

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1,000 firms showcase Chinese innovations in Dubai

More than 1,000 companies are showcasing the latest Chinese innovations in household and home-related products at an ongoing sourcing platform for the Middle East and North Africa region in Dubai. The China Homelife Dubai 2014 inc

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1,000 firms showcase Chinese innovations in Dubai

More than 1,000 companies are showcasing the latest Chinese innovations in household and home-related products at an ongoing sourcing platform for the Middle East and North Africa region in Dubai. The China Homelife Dubai 2014 inc

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Quality homes in demand in Bahrain

Economic stability has begun to impact on residential rents, by stabilising rates and encouraging tenants to turn their attention to higher quality schemes in Bahrain, according to new analysis by Cluttons. A new report from the i

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GFH repays $25m to debt holders

Bahrain-based Islamic investment bank, Gulf Finance House (GFH), has repaid $25 million to debt holders marking total debt principal payments of $33 million so far this year. In a statement to the Bahrain Bourse, the bank said this repr

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