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Jordan revenues increase by 24 per cent

Tourism revenues increased by 24 per cent May 2010 compared to the same month the year before, official figures revealed ...
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GCC Investor confidence falls in May, but remains positive

GCC investor confidence dipped 5.7 points last month, although it mainly remains in positive territory, according to the latest research ...
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Economists predict Saudi inflation to accelerate

Inflation in Saudi Arabia may accelerate further in the coming months, after hitting a one-year high of 5.4 percent year-on-year in ...
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Dubai may launch dollar sukuk this year

Dubai may launch a dollar-denominated Islamic bond as early as the third quarter of this year after well-received presentations to investors ...
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Qatar to be largest overseas property investor in 2010

Qatar is expected to be the largest source of global real estate capital during 2010, real estate consultancy Jones Lang LaSalle said in ...
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New UAE investment bank targets wealthy women

A new investment bank in Abu Dhabi is targeting wealthy women in the oil-exporting emirate, which has one of the highest levels ...
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Broadband to drive mobile revenue growth in MENA, says Onda Analytics

Mobile markets in the Middle East and North Africa (MENA) are set to see a quadrupling of mobile broadband revenues by 2014, ...
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GFH sells stake in Bahrain Financial Harbour

Gulf Finance House will sell its 50 percent stake in Bahrain Financial Harbour Holding to Emar Bahrain, the company said in a statement ...
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Dubai rents seen lower in 2010

Residential rents in Dubai are set to fall further in 2010 due to increased supply, while vacancy rates in Abu Dhabi's office market ...
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Saudi Arabia says European debt crisis will be contained

Saudi Arabian central bank Governor Muhammad Al-Jasser said the European sovereign debt crisis is not affecting the economies ...
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Qatar to launch riyal bond in bid to kick dollar habit

Qatar is set to issue its largest ever local currency bond in an effort to diversify its funding away from the US dollar, foster a domestic ...
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GCC cement producers’ Q1 income up 19%

Gulf cement producers boosted their net income by more than 19 per cent in the first quarter of 2010 although the value of awarded ...
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