2003
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USD40m Borouge expansion
Abu Dhabi Polymers is to invest USD40m in an expansion of capacity by 130,000 tonnes a year.... Read full article »
Saudi boosts spending 9pc
The Saudi Arabian budget approved yesterday for next year includes a nine per cent rise in... Read full article »
Post-Saddam boom expected
The US dollar, Treasuries and global stock market are likely to get an uplift today from euphoria... Read full article »
GFH, Bahrain realty offshoot
Gulf Finance House is to set up a full commercial Islamic banking subsidiary in Bahrain to handle... Read full article »
RakBank raises its capital
An extraordinary meeting of RakBank shareholders yesterday approved a 13.45% rise in the bank's... Read full article »
Adib, NIC, USD53m mall loan
Abu Dhabi Islamic Bank and the National Investment Corporation have joined forces to offer USD53m... Read full article »
Saddam Hussein captured alive
Former Iraqi leader Saddam Hussein has been captured alive in his hometown of Tikrit and DNA... Read full article »
Syria faces US sanctions
Syria is facing economic isolation after US President George W. Bush signed a law providing for... Read full article »
Bush fails to rescue the dollar
At the end of last week President George W. Bush came to the aid of the ailing US dollar... Read full article »
USD533m Saudi Arabian IWPP
Saudi Aramco has announced plans for a USD533m power station to be built and operated by the... Read full article »
UAE, IPOs set to boom
The UAE is in for a spate of initial public offerings, reported Gulf News. Emirates Building... Read full article »
IMF critical of Lebanon
The IMF has called on Lebanon to implement economic reforms to reduce its USD30bn debt mountain.... Read full article »
EU to challenge US on Iraq jobs
The European Commission is set to challenge a US ban on Iraq war opponents from bidding for a... Read full article »
Fed prepares to hike rates
The US Federal Reserve kept interest rates at a 45-year low yesterday but began to prepare the... Read full article »
New MD for the KIA
The Kuwait Investment Authority has announced that Bader Al Saad is to be its new Managing... Read full article »
