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Bankruptcy bill seen boosting investment into Saudi Arabia

Related Articles DUBAI: Saudi Arabia has enacted a law that will equip it with a new, modern framework for corporate bankruptcy that experts believe will help attract foreign direct investment into the Kingdom.The legislation was approved by the Council of ...

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Saudi banks and petchems seen as popular play

LONDON: Bank of America Merrill Lynch (BAML) has given the Saudi Arabian stock market a huge vote of confidence in its latest report in which banking and petrochemicals were its top-rated sectors.“We highlight Al-Rajhi and Samba as our top picks ...

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In Iran, Environmentalists Now Seen as Spies

Advertisement TEHRAN — The increasingly bitter feud between Iran’s president and hard-line commanders and clerics exploded into the open over the weekend with the arrest of a top environmental official and the prison death of a prominent Iranian-Canadian environmental activist ...

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Sunken tanker Sanchi: Four oil slicks seen, says China

An oil spill from an Iranian tanker that sank off China has spread into four separate slicks covering an area of 100 sq km (39 sq miles), say Chinese authorities. The Sanchi was carrying 136,000 tons of ultra-light crude oil ...

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VAT launch seen boosting deals for Abu Dhabi property buyers

The introduction of VAT this month is expected to add further incentives to potential property buyers in Abu Dhabi in the form of more generous post-handover payment plans, according to a new report. Consultants JLL said that this is because ...

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Gulf corporate bond sales seen balancing 2018 sovereign dip

Remember that flood of bond sales analysts said companies would unleash after Gulf governments tapped the market? It’s probably happening in 2018, according to First Abu Dhabi Bank and Mitsubishi UFJ Financial Group. There are at least two risks driving ...

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Gulf corporate bond sales seen balancing 2018 sovereign dip

Remember that flood of bond sales analysts said companies would unleash after Gulf governments tapped the market? It’s probably happening in 2018, according to First Abu Dhabi Bank and Mitsubishi UFJ Financial Group. There are at least two risks driving ...

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