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Value of dollar, euro a concern: Qatar

Qatar, a major investor in US and European assets, is worried that haphazard attempts by countries to shore up their economies could weaken the dollar and the euro

UAE sees big demand for quality healthcare

As the UAE’s population continues its upward trend due to its popularity among expatriates, a corresponding increase is being experienced in demand for quality

Nearly 2,000 flights across the UAE per day – report

Dubai International Airport is expected to be the world’s busiest airport by 2015 with some 75 million passengers a year.

Harley-Davidson eyes Libya, Iraq and Pakistan as part of MENA expansion

Motorcycle maker Harley-Davidson is planning to boost its dealerships in the Middle East, with Abu Dhabi and Algeria showrooms set to open next month and Tunisia

Qatar eyes $2 billion gold deal

Qatar Holding, the investment arm of the Gulf state's sovereign fund, is in advanced talks to buy a 49-percent stake in Brazilian billionaire Eike Batista's gold company 

Egypt plans coupons to cut energy subsidies

The government faced a tough challenge to implement a coupon plan designed to cut massive energy subsidies which eat up around a quarter of government spending,

Saudi GDP posts 16pc growth in Q1

Saudi Arabia's gross domestic product (GDP) grew by 15.96 per cent in the first quarter to hit SR612.2 billion ($163 billion) in current prices compared to SR528 

GCC spend on road projects to hit $121.3bn

The Gulf region is forging ahead with plans to improve its transportation infrastructure with 

Qatar’s teachers highest paid in Arab world

Qatar has the highest paid teachers in the Arab world followed by the UAE, Kuwait and Saudi Arabia, Asharq Al Awsat reported.

Carlyle Group eyes more MENA investments

 Carlyle Group, the US private-equity firm in which Abu Dhabi’s Mubadala Development Company owns a 7.5 percent stake, is eyeing up to two more deal in

Dubai plans bond to refinance debt

Dubai plans to issue a bond to refinance part of 6.5 billion dirhams ($1.8 billion) of debt maturing in April 2013, its finance chief was quoted as saying by a newspaper.

Oslo ‘most costliest city, Delhi, Mumbai cheapest’

Oslo is the most expensive city in the world, ahead of Zurich and Tokyo, but the well-paid residents of the Swiss financial hub enjoy the greatest purchasing power
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