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MENA fastest growing region for air traffic in the world

Recent reports from the International Air Transport Association (IATA) indicate that the Middle East and North Africa (MENA)
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Industries Qatar Q3 profit rises to $412m

Petrochemicals and metals company Industries Qatar reported a 28.2 percent increase in third quarter net profit on Thursday, beating analysts'
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Dubai is still favoured location for GCC managers

Dubai is the favoured location for senior GCC management executives to locate their company’s head office, according to a survey
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Iraq’s oil reserves rise to 143bn barrels

Iraq said on Monday its proven oil reserves had risen to 143 billion barrels as work by international oil companies started to yield results
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Islamic finance industry ‘must explore new areas’

Projections of spectacular future growth of the Islamic finance industry which rely on extrapolating the growth trends of the last five or 10
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Syria seeks World Bank financing

Syria is seeking World Bank financing for infrastructure, a senior economic official said, in a major departure from decades of Soviet-style
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Rotana restructured into 4 business units

The Rotana Group will be restructured into four business units: TV broadcasting, audio, studios and Rotana Media Services. The Emerging
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Egypt rail authority mulls $1.76bn bond

Egypt's National Railways Authority is considering issuing 10 billion Egyptian pounds ($1.76 billion) in bonds to finance projects over the next 10 years
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Gulf tourists to UK rise 9pc in 2009

The number of tourists coming to the UK from the Gulf region has jumped, with some 494,000 people from the region making trips to the UK in 2009
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Saudi economy set for 3.9% growth in 2010

The Saudi economy is set to grow nearly four percent by the end of this year and the kingdom is set to register a budget surplus
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Dubai plans first bond issue since debt crisis

Dubai's government mandated HSBC, Deutsche Bank and Standard Chartered to issue a benchmark dollar bond, it said on Monday
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Islamic finance needs capital Markets to develop – Deloitte

Islamic finance will need to move beyond the retail market and develop its capital markets globally to compete better with conventional
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