| Other Top News |
| Dubai sets up trade protection establishment |
His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has ordered to set up an establishment for the protection and control of common trade in Dubai...
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| Riyad Capital CEO sees 20% growth |
The investment banking arm of Riyad Bank aims to grow by at least 20 percent in 2010, boosted by growth in the Saudi stock market, but more defaults at family-owned firms risk undermining optimism, the unit’s chief executive said...
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| Kuwait to post $24b budget surplus — forecast |
Kuwait is set to post a surplus of $24 billion in the current fiscal year on the back of higher oil prices, despite projecting a shortfall, an economic report forecast on Sunday...
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| QIB ‘plans $500mn bond issue’ |
Qatar Islamic Bank (QIB), Qatar’s second-largest lender by value, is preparing to tap the global debt markets with a bond issue worth at least $500mn, according to sources...
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| Bahrain’s insurance premiums up |
Bahrain’s insurance premiums increased by more than 30 percent in 2009 over 2008, an indication of the market stabilizing and reaching a reasonable growth level, said a senior central bank official on Sunday...
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