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  • September  18, 2006

    Dubai Group sells Turkey insurance arm

    Mashreq Bank unit buys 51 pct stake in Turkish arm; Remaining stake bought by ex-AIG CEO's firm; Turkey seen attractive to foreign insurers; Dubai Group is in midst of $10 bln restructuring

    September 4, 2012 5:29
  • Barclays Bank

    Barclays sees Middle East driving investment bank

    The Middle East will be an important growth area in coming years for investment banks, including Barclays, as local wealth funds put their oil dollars to work buying European assets, a senior executive at the British bank said.

    September 4, 2012 10:23

    EVENTUAL UNION? Gulf Arab ministers say integration plan needs more discussion

    Gulf Arab foreign ministers said a plan to integrate their six countries, proposed by Saudi Arabia last year as a response to Middle East turmoil, needed more discussion after they met in Jeddah on Sunday.

    September 3, 2012 11:36
  • Bahrain's ringgit sukuk programme

    Bahrain Economy Shrinks in Second Quarter

    Bahrain's economic output fell in the second quarter of this year after moderate growth in the previous three months, data showed on Sunday, as political unrest continued to weigh on the small oil producer.

    September 3, 2012 11:25