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Economic growth in the Middle East and North Africa (Mena) is forecast to slow considerably over oil prices as the Saudi economy slides, the International Monetary Fund said on Monda... >>
 Indian expats in the UAE have sought clarification on rules about declaring their bank account details and assets here to their government after confusing and misleading report... >>
Gulf Bank K.S.C.P. announced today its financial results for the first half of 2017. The Bank recorded a net profit of KD 22.8 million in the first 6 months of 2017, an increase of 1... >>
After two years of decline in 2015 and 2016, global upstream oil and gas investment is set to stabilise and even rise slightly in 2017, but due largely to US shale investments, while... >>
Libya and Nigeria, which have both boosted oil production since they were exempt from global cuts this year, may be asked to cap their crude output soon in an effort to help reba... >>
Siemens has announced that it has won an order to supply the key power generation equipment for the Sabiya Extension 3 combined cycle power plant in Kuwait. The contract was awarded ... >>
The net portfolio flows to Emerging Markets (EM) have totaled US$ 41 billion in the first two months of the 2Q of 2017, bringing the six-month moving average to US$ 25 billion for th... >>
Dubai-based Majid Al Futtaim on Thursday said it has acquired 26 Geant stores and four Gulfmart supermarkets in the UAE, Bahrain and Kuwait from BMA International’s Retail Arab... >>
InterContinental Hotels Group (IHG), has announced an agreement with Bukhamseen Group Holding Company to build and operate hotels in Kuwait. Under the terms of the agreement, IHG wil... >>
In a generally calm week after the Fed hawkishly hiked interest rates, the future pace of monetary tightening is unknown. Oil prices tumbled to 15 month lows pushing down treasury yi... >>
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