Gulf Business http://gulfbusiness.com Thu, 29 Jan 2015 13:36:13 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.5 Dubai Shares Post Fifth Monthly Drop As Oil Curbs Risk Appetite http://gulfbusiness.com/2015/01/dubai-shares-post-fifth-monthly-drop-oil-curbs-risk-appetite/ http://gulfbusiness.com/2015/01/dubai-shares-post-fifth-monthly-drop-oil-curbs-risk-appetite/#comments Thu, 29 Jan 2015 13:34:32 +0000 http://gulfbusiness.com/?p=62767 The DFM General Index retreated 2.6 per cent in January.

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Oil Prices Likely To Recover To $67-72 By End-2015 – UBS http://gulfbusiness.com/2015/01/oil-prices-likely-recover-67-72-end-2015-ubs/ http://gulfbusiness.com/2015/01/oil-prices-likely-recover-67-72-end-2015-ubs/#comments Thu, 29 Jan 2015 11:56:38 +0000 http://gulfbusiness.com/?p=62744 UBS Wealth Management says the short-term outlook for oil remains bleak, but gains are expected in the second half of 2015.

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Investcorp Buys Spanish Ceramics Products Firm Fritta http://gulfbusiness.com/2015/01/investcorp-buys-spanish-ceramics-products-firm-fritta/ http://gulfbusiness.com/2015/01/investcorp-buys-spanish-ceramics-products-firm-fritta/#comments Thu, 29 Jan 2015 11:53:51 +0000 http://gulfbusiness.com/?p=62742 The deal is Investcorp’s second acquisition in Spain after its purchase of ceramics products maker Grupo Esmalglass-Itaca in 2012

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Revealed: World’s Top 10 Safest Cities http://gulfbusiness.com/2015/01/revealed-worlds-top-10-safest-cities/ http://gulfbusiness.com/2015/01/revealed-worlds-top-10-safest-cities/#comments Thu, 29 Jan 2015 11:22:16 +0000 http://gulfbusiness.com/?p=62705 Abu Dhabi grabbed the top spot in the region, ranking 25 among the top 50 safest cities in the world.

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Greater Awareness Of Preventive Healthcare Needed In GCC: Experts http://gulfbusiness.com/2015/01/greater-awareness-preventive-healthcare-needed-gcc-experts/ http://gulfbusiness.com/2015/01/greater-awareness-preventive-healthcare-needed-gcc-experts/#comments Thu, 29 Jan 2015 11:18:56 +0000 http://gulfbusiness.com/?p=62764 Experts called for a more holistic approach towards combating the GCC's health challenges.

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Suspected Al Qaeda Gunmen Kill Two Soldiers In Yemen’s Oil Province http://gulfbusiness.com/2015/01/suspected-al-qaeda-gunmen-kill-two-soldiers-yemens-oil-province/ http://gulfbusiness.com/2015/01/suspected-al-qaeda-gunmen-kill-two-soldiers-yemens-oil-province/#comments Thu, 29 Jan 2015 11:00:04 +0000 http://gulfbusiness.com/?p=62732 Marib has most of Yemen's oil and gas fields and has long been a battleground between various factions.

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Swiss IT Firm Nexthink Gets $14.5m Funding From Qatar’s Al Mannai http://gulfbusiness.com/2015/01/swiss-firm-nexthink-gets-14-5m-funding-qatars-al-mannai/ http://gulfbusiness.com/2015/01/swiss-firm-nexthink-gets-14-5m-funding-qatars-al-mannai/#comments Thu, 29 Jan 2015 10:31:53 +0000 http://gulfbusiness.com/?p=62712 The company is looking to expand its presence in Saudi Arabia and the UAE.

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Lebanese Carrier MEA Restarts Baghdad Flights After Shooting http://gulfbusiness.com/2015/01/lebanese-carrier-mea-restarts-baghdad-flights-shooting/ http://gulfbusiness.com/2015/01/lebanese-carrier-mea-restarts-baghdad-flights-shooting/#comments Thu, 29 Jan 2015 10:22:28 +0000 http://gulfbusiness.com/?p=62713 Bullets hit a Flydubai plane on Monday evening as it was landing in the Iraqi capital.

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Total Wins 10% Stake In Abu Dhabi’s Largest Onshore Oil Fields http://gulfbusiness.com/2015/01/total-wins-10-stake-abu-dhabis-largest-onshore-oil-fields/ http://gulfbusiness.com/2015/01/total-wins-10-stake-abu-dhabis-largest-onshore-oil-fields/#comments Thu, 29 Jan 2015 09:48:01 +0000 http://gulfbusiness.com/?p=62703 ADNOC awarded Total a 10 per cent stake in the main land-based concession for 40 years starting Jan. 1, 2015.

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Saudi Arabia Says Seeks 660,000 Tonnes Of Wheat In Tender http://gulfbusiness.com/2015/01/saudi-arabia-says-seeks-660000-tonnes-wheat-tender/ http://gulfbusiness.com/2015/01/saudi-arabia-says-seeks-660000-tonnes-wheat-tender/#comments Thu, 29 Jan 2015 08:21:06 +0000 http://gulfbusiness.com/?p=62690 The wheat will be purchased in shipments of 55,000 tonnes, the Kingdom's state grain buyer said in a statement.

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Gulf Countries Pledge Over $39m To Global Vaccine Fund http://gulfbusiness.com/2015/01/gulf-countries-pledge-39m-global-vaccine-fund/ http://gulfbusiness.com/2015/01/gulf-countries-pledge-39m-global-vaccine-fund/#comments Thu, 29 Jan 2015 08:16:00 +0000 http://gulfbusiness.com/?p=62686 Saudi Arabia and Qatar were the biggest contributors, committing $25 million and $10 million respectively to Gavi Alliance.

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Vodafone Qatar Q3 Net Loss Widens http://gulfbusiness.com/2015/01/vodafone-qatar-q3-net-loss-widens/ http://gulfbusiness.com/2015/01/vodafone-qatar-q3-net-loss-widens/#comments Thu, 29 Jan 2015 06:13:53 +0000 http://gulfbusiness.com/?p=62681 Vodafone made a net loss of 68.8 million riyals ($18.9 million) in the last quarter of 2014.

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National Bank Of Oman Proposes 17% Cash Dividend, 10% Bonus Shares http://gulfbusiness.com/2015/01/national-bank-oman-proposes-17-cash-dividend-10-bonus-shares/ http://gulfbusiness.com/2015/01/national-bank-oman-proposes-17-cash-dividend-10-bonus-shares/#comments Thu, 29 Jan 2015 06:03:09 +0000 http://gulfbusiness.com/?p=62679 NBO, earlier in January, posted a 29 per cent rise in fourth-quarter net profit, beating estimates.

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CEO Predictions 2015: James Hogan, President & CEO, Etihad Airways http://gulfbusiness.com/2015/01/ceo-predictions-2015-james-hogan-president-ceo-etihad-airways/ http://gulfbusiness.com/2015/01/ceo-predictions-2015-james-hogan-president-ceo-etihad-airways/#comments Thu, 29 Jan 2015 05:32:30 +0000 http://gulfbusiness.com/?p=62674 Etihad Airways has an important role to play in the future development of trade and tourism into the UAE, writes James Hogan.

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Five Minutes With.. Georges Chehwane, Founder & Chairman, Plus Holding http://gulfbusiness.com/2015/01/five-minutes-georges-chehwane-founder-chairman-plus-holding/ http://gulfbusiness.com/2015/01/five-minutes-georges-chehwane-founder-chairman-plus-holding/#comments Thu, 29 Jan 2015 05:00:33 +0000 http://gulfbusiness.com/?p=62633 Georges Chehwane, founder and chairman of Plus Holding, gives his insights into the UAE's outdoor advertising market and Group Plus Media's expansion plans.

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Bank Muscat To Pay 25% Cash Dividend, 15% In Bonds, 5% Bonus Shares http://gulfbusiness.com/2015/01/bank-muscat-pay-25-cash-dividend-15-bonds-5-bonus-shares/ http://gulfbusiness.com/2015/01/bank-muscat-pay-25-cash-dividend-15-bonds-5-bonus-shares/#comments Thu, 29 Jan 2015 04:52:37 +0000 http://gulfbusiness.com/?p=62671 The bonus shares will be paid out in the proportion of one share for every 20 ordinary shares held, the lender said.

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Ooredoo Oman Q4 Profit Falls 17% http://gulfbusiness.com/2015/01/ooredoo-oman-q4-profit-falls-17/ http://gulfbusiness.com/2015/01/ooredoo-oman-q4-profit-falls-17/#comments Thu, 29 Jan 2015 04:45:01 +0000 http://gulfbusiness.com/?p=62669 The firm made a net profit of OMR8.3 million ($21.6 million) in the last quarter of 2014.

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Saudi Airman Gets 35 Years To Life For Raping Boy In Las Vegas http://gulfbusiness.com/2015/01/saudi-airman-gets-35-years-life-raping-boy-las-vegas/ http://gulfbusiness.com/2015/01/saudi-airman-gets-35-years-life-raping-boy-las-vegas/#comments Thu, 29 Jan 2015 04:36:31 +0000 http://gulfbusiness.com/?p=62667 Mazen Alotaibi was found guilty in Las Vegas in 2013 of kidnapping, burglary, coercion, lewdness on a child and sexual assault on a minor.

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Bahrain’s Most Senior Opposition Leader Goes On Trial http://gulfbusiness.com/2015/01/bahrains-senior-opposition-leader-goes-trial/ http://gulfbusiness.com/2015/01/bahrains-senior-opposition-leader-goes-trial/#comments Thu, 29 Jan 2015 04:32:05 +0000 http://gulfbusiness.com/?p=62665 Appearing in court, Salman denied all charges and said he had been calling for reforms in Bahrain through legal means.

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Kuwait Cuts Diesel Fuel Prices After Political Pressure http://gulfbusiness.com/2015/01/kuwait-cuts-diesel-fuel-prices-political-pressure/ http://gulfbusiness.com/2015/01/kuwait-cuts-diesel-fuel-prices-political-pressure/#comments Thu, 29 Jan 2015 04:26:49 +0000 http://gulfbusiness.com/?p=62663 State news agency KUNA estimated that diesel price reform would save the government around $1 billion a year.

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