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Kuwait property sales down by 34% over two months

Real estate sales in Kuwait dipped in January and February 2010 following a marked surge in late 2009, according to a recent specialized report ...
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A new source of power, the potential for renewable energy in the MENA region

The Middle East and North Africa (MENA) region has the potential to become one of the world’s largest producers of renewable ...
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Dubai debt deal expected this week

Dubai Troubled conglomerate Dubai World expects to put its debt plan to creditors as early as this week but the final proposal is ...
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Saudi offers airport projects worth $4.5 billion

Saudi Arabia is planning to launch tenders worth more than 17 billion riyals ($4.5 billion) this year to modernise two airports in the kingdom ...
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Qatar did well in containing financial crisis

Managing Director and Member of the Qatar Financial CentreQatar Financial CentreLoading... Board of Directors Abdul Rahman ...
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Egypt to wait for sugar price to fall to resume buying

Egypt wants to see a further fall in global sugar prices before resuming its raw sugar purchases, an official at the state-owned Sugar and ...
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Bahrain fares well ‘despite global downturn’

Bahrain’s economy fared well despite the global economic downturn, with the cumulative domestic and foreign direct capital ...
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UAE may expand credit to keep recovery on track

The UAE may take steps to boost bank credit as a slowdown in lending and a surge in interest rates threaten to stall a recovery from ...
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Jeddah needs a million houses in next 20 years

Jeddah needs almost a million housing units over the next 20 years. This can be achieved through the construction of low-cost housing units ...
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Qatar financial sector ‘to create 5,200 jobs’

About 5,200 financial services jobs will be created in Doha during this year, driven by an increase in foreign investment and the comparative ...
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Oman’s IT sector to grow 10 pc in 2011

The Sultanate's thriving Information Technology services industry is poised to grow by 10 per cent and is all set to reach $0.53 billion ...
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Tough 2010 for banks in Dubai, Kuwait: S&P

Banks in Dubai and Kuwait will endure a tougher 2010 than their Gulf peers as lenders in the region continue to take provisions ...
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