Egypt’s Olympic sees Electrolux deal in 30 days
Swedish white goods manufacturer Electrolux is in the middle of buying Egyptian appliance maker Olympic Group - Reuters
July 4, 2011 9:53-
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Zain Iraq in ‘big challenge’ to meet IPO deadline
Zain Iraq in 'big challenge' to meet August IPO deadline; Carrier talking to regulator, Iraq bourse; Low liquidity, small mkt cap likely to limit valuations - Reuters
July 4, 2011 9:48 -
Germany ready to sell Saudi Arabia 200 tanks-Spiegel
After previous requests, Germany has now agreed to supply military vehicles to Saudi Arabia. - Reuters
July 4, 2011 9:38
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4G is coming. So what.
The UAE’s telecom sector may be promising but there still quite a bit of kinks to be fixed before Precious de Leon can actually look forward to these technological advances.
July 3, 2011 5:18 -
Do Not Pass GO: Piccadilly gives way to White Fort Hotel
Hotel closes its ‘waning’ nightclubs to become Sharia-compliant. A winning strategy or just bandwagon-jumping? Precious de Leon predicts this is the first of many small hotel operators reevaluating their strategies.
July 3, 2011 4:27 -
Etihad, Emirates and Qatar Airways. Who’s paving the way?
The summer months are putting the Big Three Gulf airlines to the test and Precious de Leon things there those who are already losing altitude from the get go.
July 3, 2011 3:10
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Dubai’s du repays $817 mln syndicated loan
Du fully repays $817 mln facility; Telecoms firm uses cash and other facilities to repay debt; du shares rise 1 pct in early Dubai trade - Reuters
July 3, 2011 10:50 -
Kuwait’s Alafco to lease six Airbus jets to Thai Airways
Thai Airways reinforces ties with Kuwait as it prepares for expansion, leasing six new Airbus planes from Kuwait's Aviation Lease and Finance Company - Reuters
July 3, 2011 10:43 -
Customised online ads are often ineffective -research
You read that right, folks. Customised ads are not significantly better than generic ads at a certain point of a viewers path to purchase, according to a collaboration between researchers at MIT and the London Business School.
July 3, 2011 10:37
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Iran says will not cut India oil over payment dispute
Iran dismisses earlier reports of cutting off oil supplies to India over payment issues, as an Oil Ministry official says a statement saying 'a warning' has been sent to debtors but that it 'doesn't mean Iran's oil exports have been cut' - Reuters
July 3, 2011 10:27 -
Iranian car lines keep rolling despite sanctions
Despite sanctions, Iran carmaker sees 2-figure growth; Says international pressure has made it stronger; Enjoys protected home market, analyst says exports limited - Reuters
July 2, 2011 10:31 -
Tale of two ports strains Iraq-Kuwait ties
Rival port projects face off across key access waterway; Iraqis fear Kuwaiti megaport will monopolise traffic; U.N. urges both sides to settle row through diplomacy - Reuters
July 2, 2011 10:24
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Saudis may cut OSPs; not enough to lure Asian buyers for more
Expected Saudi OSP cut insufficient to trump Russian ESPO; Saudis may continue to face hurdles selling more oil to Asia; China unwilling to take in additional offer of Saudi barrels - Reuters
July 2, 2011 10:18 -
Qatar building boom bets on life after World Cup
Doha, like Dubai, aims to be commerce, tourism hub; Number of hotels seen rising tenfold in 10 years; Qatar to spend some $65 billion on World Cup preparations - Reuters
July 2, 2011 10:05 -
Iran says could halt oil supplies to India in Aug-sources
Iran is ready to stop oil supplies to India next month , following payment disputes - Reuters
July 2, 2011 9:39
