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Industry & Trade
Suez Canal Q1 Revenues Increases 3%
Egypt's Suez Canal has posted a 3% rise, or $36.4m, in revenue to $1.255bn for the first quarter of 2012, compared…
Nokia Loses Ruling on Wireless Patent to IPCom in Germany
Nokia Oyj (NOK1V) lost a ruling in a German court today in a patent lawsuit brought by IPCom GmbH & Co.…
Arab Sping, Basket of Compelling Private Equity Opportunities
LPs and general partners alike need to closely follow developments in high-potential markets across MENA to tap…
Nestle Closes to Pfizer’s Deal at $10bln
Nestle is reportedly closing in on a deal to buy Pfizer's infant nutrition business, a win that would give it a…
Dubai Ranks the 2nd Most Attracting City for International Retailers
Dubai Chamber of Commerce and Industry hosted a launch press conference organised by CB Richard Ellis (CBRE)…
Experts: Investing in Public Infrastructure is Very Vital During Economic Downturn
In light of the Arab Spring and seismic shifts in availability of global finance, Middle East governments are…
SABIC’s CEO Raises Expectations for Coming Quarters
Saudi Basic Industries Corp. (SABIC) chief executive said on Tuesday that he expected good results in the coming…
KSA Tops the List of Exporters to Arab Countries
Saudi Arabia topped the list of countries exporting to other Arab countries valued at $7.9 billion in 2011,…
Coca-Cola’s Profit on the Top of Analysts’ Estimates
Coca-Cola Co. -the world’s largest soft-drink maker- reported first-quarter profit that topped analysts’ estimates,…
Emirates Airline Studies New Foreign Buys
Dubai's Emirates airline is studying new opportunities to buy foreign carriers if they fit the emirate's strategy,…