Business Blog

GLOBAL MARKETS-Bonds, stocks brush off Eurosceptic election gains

* Shares nudge higher, Italy strong after Renzi election win* Euro lifts off 3-month low caused by ECB easing bets* Poroshenko&aposs apparent win raises hopes of political stability in UkraineBy Marc JonesLONDON, May 26 (Reuters) - Italian assets surged and German shares hit all-time highs on Monday as solid election showings by pro-European forces in both countries provided an antidote to Eurosce
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Nikkei rises to 7-week peak on Wall St rally, yen; financials shine

TOKYO, May 26 (Reuters) - Japanese shares ended at a 7-week high on Monday, with financials leading the gains, helped by the yen's retreat against the dollar and a record-high for Wall Street on upbeat U.S. housing data. The benchmark Nikkei...
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OMR30bn projects under way

Backed by the commitment of a solid government and macroeconomic fundamentals, almost all major infrastructure projects envisioned in Eighth Five-Year plan are nearing completion.

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OEPPA and ORA sign MoU to launch real estate quarterly

Oman Establishment for Press, Publication & Advertising (OEPPA), publishers of Oman Daily Observer and its sister Arabic daily, Oman, will produce and publish a quarterly magazine on the country's thriving real estate industry on behalf of Oman Real Estate Association (ORA).

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Doha Festival City awards QAR1.65bn mall work contract

Bawabat Al Shamal Real Estate Company WLL, owner of Doha Festival City, has awarded Gulf Contracting Company in joint venture with ALEC Qatar a QAR1.65bn contract for the main works contract on its mall, currently taking shape on Al Shamal Road, Doha.

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Comprehensive real estate index in Oman likely in few months

"The trend has changed from price index to a comprehensive project, which will be designed by NCSI. This will be available through

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