Saturday 30 April 2016
 
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Mideast

ME funds upbeat on bonds, lukewarm to stocks

Middle East fund managers have turned bullish towards fixed income and less positive on equities as they prepare for an economic slowdown in the Gulf this year, a monthly Reuters survey shows. The most recent survey of 14 leading

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ME funds positive on bonds, lukewarm on stocks

Middle East fund managers have turned bullish towards fixed income and less positive on equities as they prepare for an economic slowdown in the Gulf this year, a monthly Reuters survey shows. The most recent survey of 14 leading

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Mideast homeland security market set to reach $34bn

The Middle East’s homeland security market is set to grow from $17 billion to $34 billion by 2020, at three times the global growth average, according to a recent Frost & Sullivan report. The steady increase demonstrates

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Mideast smart airport market to hit $850m by 2019

The smart airport market in the Middle East region is expected to reach $850 million over the next three years, growing at a compound annual growth rate (CAGR) of more than four per cent, said a report. The growth in the region wi

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Dubai 'can help redesign Mideast airspace'

Dubai is prepared to help countries in the region with their air traffic navigation and redesign the airspace as part of its policy, a senior official has said. Speaking at the 2016 World Government Summit, Sheikh Ahmed bin Saeed

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Platts to add new Mideast crude grades to Dubai price marker in 2016

Oil pricing agency Platts is expected to announce by the end of this year which of two Middle East crude grades it will add to its Dubai benchmark in 2016 to boost the liquidity of its price assessment process, sources with knowledge of the ma

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Cosmo Oil eyes Mideast fuel supplies for Asia Pacific sales

Japanese refiner Cosmo Oil plans to expand its oil product trade volumes by sourcing fuels from the Middle East for sale in the Asia Pacific, company executives said.   Cosmo Oil will continue to focus on exporti

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Are there any reasons for hope in the Middle East? Maybe.

The winds of change are unexpectedly blowing through the Levant.   In the aftermath of the Iran nuclear agreement, there was a broad expectation, both in the region and beyond, that sectarian tensions and conflic

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Mideast Gulf LPG spot trade flourishes led by Qatar

LPG volumes traded outside of term agreements in the Mideast Gulf are on track to double this year compared with last year, as increasing production from Qatar and North America gives consumers across Asia-Pacific the option to secure more spo

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Samsung announces Mideast launch of Galaxy Tab E

Samsung Electronics said it has launched the Galaxy Tab E – its best in class affordable tablet in the region. The latest device is targeted towards customers seeking top-quality tablet performance and design at a competitiv

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