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Qatar Shares Rise to 3-Week High on Earnings, Oil; TA-25 Rallies - Businessweek
Qatar’s shares rose to the highest level in more than three weeks on optimism third-quarter earnings will increase following government stimulus programs and after oil gained last week. Israel’s...
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Investors keen on heavyweight Qatar - The National
Traders are anticipating a slew of results from Qatar's banking sector. hoping there is room for a smile with strong earnings predicted.See it on Scoop.it, via Middle East Financial News
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Dubai Bank is taken over by rival
Struggling Dubai Bank is taken over by Emirates NBD under orders of Dubai's ruler.See it on Scoop.it, via Middle East Financial News
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Alcoa, Ma'aden complete Saudi Arabian aluminum JV financing agreements -...
Alcoa, Ma'aden complete Saudi Arabian aluminum JV financing agreements - read this Platts news article and other stories in metals by clicking here. Also discover Platts metal information products...
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Saudi index edges higher, Qatar up - Equities - ArabianBusiness.com
Qatar's measure gained 0.4 percent to 8,470 points, a four-week high.Barwa Real Estate rose 1.7 percent and was the main support. Commercial Bank of Qatar gained 1.2 percent and Industries Qatar...
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Saudi to invest $500 million in Egypt treasury bills - Economy - Business -...
Saudi Arabia will buy US$500 million worth in Egyptian treasury bills, and will also lend Egypt another $500m in budgetary support, the Saudi Ambassador to Egypt, Ahmed al-Qattan, has told...
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Almarai May Set Up First Sukuk Program in 2012 for Expansion
Saudi Arabia’s largest food producer by market value, may set up its first Islamic bond program by early 2012 as it seeks financing for expansion.See it on Scoop.it, via Middle East Financial News
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Kuwait Finance House implements next-generation contact center from Avaya |
Avaya announced that Kuwait Finance House, one of the leading Islamic banks in the world, has implemented a contact center using Avaya technology. KFH offers Islamic banking services that...
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Analysis: Gulf, Asia economic links yet to fulfill rich promise
BAHRAIN (Reuters)- On the face of it, the economies of the oil-rich Gulf and of fast-growing Asia are a perfect match.See it on Scoop.it, via Middle East Financial News
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Qatar hopeful of luring even more financial heavyweights
A quick trip down the waterfront provides an interesting vista of Doha, its skyline a cluster of steel, glass and concrete structures, some reminiscent of the towers in Dubai. Nestled on the West Bay...
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HSBC to Halt U.A.E. Retail Brokerage as Volumes, Stocks Sink - Businessweek
HSBC Holdings Plc, Europe’s biggest bank, will stop offering brokerage services to retail investors in the United Arab Emirates and focus on institutional clients after local trading volumes and...
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UAE Central Bank launches IBAN
The UAE Central Bank announced the introduction of the International Bank Account Number as a standard for identifying all bank accounts in the UAE, starting Nov 19.See it on Scoop.it, via Middle East...
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HSBC to shut UAE retail brokerage services
DUBAI (Zawya Dow Jones) -- U.K.-based banking giant HSBC Holdings PLC (HBC) will close its retail brokerage business in the United Arab Emirates from December and instead focus on institutional...
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» Dubai’s Abraaj eyes up to 4 exits in next 18 months
Dubai-based private equity firm Abraaj Capital plans to sell up to four of its investments in the next 18 months, a senior executive said on Monday.See it on Scoop.it, via Middle East Financial News
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Commercial Bank of Dubai net profit at Dhs777m up 1% over the same period in...
Commercial Bank of Dubai announced its results for the nine month period ended 30 September 2011. The Bank's net profit after allowances for non-performing loans amounted to Dhs777m for the...
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Kuveyt Turk, Almarai, Indonesia, Tenaga: Islamic Bond Alert
The following borrowers are expected to sell Islamic bonds, which use asset returns to pay investors to comply with the religion’s ban on interest.See it on Scoop.it, via Middle East Financial News
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Gulf International Bank wins investment awards
Bahrain-based Gulf International Bank (GIB) has won three awards in the investment banking category of the Global Banking and Finance Review Awards for 2011.See it on Scoop.it, via Middle East...
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HSBC scales back brokerage
HSBC Middle East Securities, the local brokerage arm of HSBC Holdings, said it will halt trading in shares for retail investors and shift to institutional clients amid sluggish markets and low...
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Middle East private equity players upbeat on prospects
Abraaj Capital eyeing around 40 deals valued at $100m-$200m...See it on Scoop.it, via Middle East Financial News
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Oman woos Singapore with trade and investment opportunities
BankMuscat, the leading financial services provider in the Sultanate, in association with the Ministry of Foreign Affairs, organised Oman Investment Forum yesterday in Singapore, highlighting the...
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