Archive for December 2012
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Yemen's cabinet on Sunday approved a draft budget for 2013 that projects a deficit of 682 billion rials ($3.17 billion) and expenditure of 2.77 trillion rials, state news agency SABA reported. The impoverished Arabian Peninsula
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Saudi Aramco has extended the deadline to bid for the development of the Midyan gas field by three weeks to January, two industry sources said. Bidding is now due to close by January 21 after
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Dubai's Majid Al Futtaim (MAF), is in talks with Egypt's Mansour Group, owned by billionaire Mohammed Mansour, to buy its supermarket business in a deal valued at $200 million to $300 million, three sources aware
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Oman's central bank is discussing the possible issuance of sukuk and other instruments which the country's new Islamic banking operations could use to manage their liquidity, a top central bank official said. "Central Bank of
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Qatar raised its forecast for economic growth next year and said that while prices would rise considerably as huge infrastructure-building plans gained speed, it could contain inflation. Gross domestic product, adjusted for inflation, is now
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Sri Lankan veteran Kumar Sangakkara is poised to join the exclusive 10,000-run club in the Boxing Day Test at Melbourne against Australia, a landmark he plans to build on. The prolific batsman needs just 40
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Winning a second World Cup title in Brazil in 2014 should not be impossible for England, manager Roy Hodgson said on Sunday. "We're far from being favourites but you've got to shy away from 'impossible'
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Manchester United's lead over Manchester City is down to four points from six after the Premier Leage leaders were held 1-1 at Swansea City's Liberty Stadium on Sunday. Patrice Evra struck with a first-half header
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Rafa Nadal does not expect to be back to full fitness and close to his competitive best until the Masters tennis event at Indian Wells in March, the Spanish world number four was quoted as
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The Final of PSF-AVT Khyber Pakistan International Squash Circuit-IV was played between Nasir Iqbal and Danish Atlas at Mushaf Squash Complex, Islamabad on Sunday. Nasir Iqbal outclassed his rival and won the match with game
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