Tuesday 26 May 2015
 
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Saudi market capitalisation growing at 10pc

Total market capitalisation in Saudi Arabia registered a compound annual growth rate (CAGR) of 10 per cent during 2009-13 to $467.5 billion, while the number of listed companies rose from 135 to 163 in the same period, a top official said.

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Bahrain ‘most tolerant of minorities’ says survey

Bahrain has been praised for its openness and religious tolerance in an international report compiled by a top advisory body to the US government. The 16th edition of the United States Commission on International Religious Freedom

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Sabic’s sustainable practices integration in focus

The progress of Saudi Basic Industries Corp (Sabic) in integrating sustainable practices into its global business operations was highlighted in a report recently released by the company. The 2014 Sustainability Report, entitled &l

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UDC sponsors ‘Qatar Labors Rights Protection’ book

United Development Company (UDC), a leading Qatari shareholding company, has signed up as the gold sponsor of ‘Qatar Labors Rights Protection’ progress report book set to be released on May 1, which marks

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Bahrain ‘committed to protect human rights’

Bahrain has criticised Amnesty International and expressed disappointment with its latest report. The government received Amnesty’s report and is reviewing its contents, including a series of allegations and recommendations,

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Action needed to ‘secure future livelihoods’

New global trends such as jobless growth, a rising youth population and resource scarcity threaten to undo much of the progress of recent decades in securing people’s ability to make a living, according to a new report. The

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Gulf General Investment posts $31m profit

Gulf General Investment Co (GGICO), a conglomerate with widely diversified activities in manufacturing, industrial, financing, insurance, retail, gourmet services, trading, transport, hospitality, real estate development and investment in shares

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Exchange firm in Bahrain 'failed to report deals'

A panel set up to investigate financial irregularities at a major currency exchange company operating in Bahrain has found that the majority of its transactions over a two-year period had not been properly reported. The revelation

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Gulf International Bank reports $85.6m income

Bahrain-based Gulf International Bank (GIB) has reported consolidated net income of $85.6 million for the year ended December 31, as against $121.5 million in 2013. The bank said its income in 2013 included two exceptional, one-of

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10pc world adult population to suffer from diabetes

An estimated 10 per cent of the world’s adult population, nearly 600 million people, will suffer from the diabetes epidemic by 2015, according to a recently report. The ‘Rising to the Challenge’ report, published

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