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We’re here for the long run
The head of HSBC’s wholesale business in the Middle East and its Islamic finance unit says the region is central to the bank’s plans
Iraq oil dispute
The proposed contracts process is a step forward but no substitute for a clear legal framework
Bottom of the bourses
You would think Saudi Arabia’s stock exchange would be soaring but in fact it is languishing
Abu Dhabi aims to join GE shareholders
Mubadala, Abu Dhabi’s increasingly powerful state investment vehicle, said it planned to become one of General Electric’s biggest institutional investors as it announced a series of deals with the US group, including a $8bn joint venture to set up a commercial finance business
GE extends global reach to Middle East
General Electric has joined the growing procession of US companies seeking solace from their domestic problems in the Middle East
Minerva surges after Dubai deal
The London property developer has agreed to an offer from Limitless, a property company owned by the Dubai government
New naval outfit taps Mideast market
Britain’s new shipbuilding champion, BVT Surface Fleet, is teaming up with Abu Dhabi Ship Building to provide maritime support services in the Gulf region
Teva to buy Barr for $7.5bn
Acquisition will boost Israeli group’s position as the largest seller of off-patent medicines
Subprime woes increase draw of Gulf
The credit crunch is easing a shortage of finance professionals in Dubai and other Middle East centres
Oman’s tourism balancing act
The sultanate is hurrying to develop itself as an upmarket destination while preserving its traditions
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