Business Blog

Oil hits 2-1/2 year peak on Saudi purge, world shares retreat

Oil jumped to its highest in over two years on Monday as Saudi Arabia's crown prince cemented his power.
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Oil hits 2-year high on Saudi purge, world shares retreat

Oil jumped to its highest in over two years on Monday as Saudi Arabia's crown prince cemented his power.
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Mideast stocks factors to watch on November 1

Here are some factors that may affect Middle East stock markets on Wednesday.

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Mideast stocks factors to watch on November 1

Here are some factors that may affect Middle East stock markets on Wednesday.

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© Zawya.com

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UAE's Dana Gas leaves maturing sukuk unpaid but no default declared

Dana Gas will not redeem some $700 million of its Islamic bonds when they mature on Tuesday as a dispute on the validity of the sukuk drags on in British and UAE courts: sources

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Bahrain's GFH eyeing Saudi listing, Gulf financial firm -CEO

Bahrain's GFH Financial Group is considering a listing in Saudi Arabia and is also in talks to acquire a Gulf financial services company which has a presence in the kingdom, its chief executive said.

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