Thursday 17 April 2014
 
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Mideast

Mideast M&A activity drops 15pc in Q1

Middle Eastern merger and acquisition activity recorded $5.7 billion in the first quarter, 15 per cent less than the $6.8 billion during the same period last year, according to an analysis by Thomson Reuters, a leading source of intelligent in

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Mideast, Sudan turmoil cuts into world oil supply

The fall of Middle East regimes and renewed conflict there have squeezed oil supply, returning the region's politics to the fore as an energy worry for the world. Oil outages in Iraq, South Sudan, Libya and Iran are combining

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EU Mideast jet fuel imports to escape new duty

The European Union's jet fuel imports from the Middle East are likely to escape a tariff that would have raised prices from next year, thanks to a waiver, EU sources and traders said. Leading Middle East oil producers are to l

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Accor sees record Mideast growth

  Accor, Europe's largest hotel group, has registered record growth in the Middle East region in 2012 with more than 2,000 rooms opened in one single year across six new hotels, said a top ofici

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Online job demand in Mideast up 28pc

An index of online job demand in the Middle East based on a real-time review of thousands of employer job opportunities has gained 28 per cent on an annual basis. The Monster Employment Index is culled from a large representative selectio

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UN agency seeks rare ME nuclear talks

The UN nuclear agency has invited all its members, including Israel, Arab states and Iran, to attend rare talks later this year about the volatile Middle East and efforts to rid the world of atomic bombs, a document showed. While Israel an

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Russell names MD for Mideast

Russell Investments, the global investment management company, has appointed Jim Leggate as managing director of its Middle East region. Leggate joins Russell as it embarks on an ambitious expansion plan across the GCC, as part of a wider

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Bahrain tops Mideast in job opportunities

Online job opportunities in Bahrain grew 32 per cent in the first half of 2011 over the same period last year, marking the highest growth in seven Middle East countries, according to a report. Opportunities in Kuwait grew by 23 per cent in

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ME hotel occupancy edges down in May

Hotel occupancy in the Middle East was recorded at 60.4 per cent during the month of May, representing a decline of 1.8 per cent from the corresponding period in 2010, said a report. The region’s RevPAR (revenue per available room) also wi

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Media buyer cuts global ad forecast by $2.4bn

Economic shocks from political turmoil in the Middle East and the earthquake in Japan have knocked about $2.4 billion off this year's global advertising expenditure, leading media buyer ZenithOptimedia estimates. The Publicis-owned agency

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