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      AMEinfo.com | 2007
    
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  <description>2007 news and features</description>
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  <copyright>(c) 1996-2009 AME Info FZ LLC / Emap Limited. All rights reserved.</copyright>
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    <title>Pakistan crisis lifts gold</title>
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    <pubDate>Mon, 31 Dec 2007 15:57:43 +0400</pubDate>
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        Gold rose above $843 an ounce in early London trading due to concerns over the ongoing political crisis in Pakistan and the continued weakness of the dollar, reported the AFP. The yellow metal was in sight of its $850 all-time high set in 1980 but slipped back to $840.8. Gold hit a 27 year peak of $845.8 an ounce on November 7 and this too could be breached.
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    <title>Qatari banks into Kuwait</title>
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    <pubDate>Mon, 31 Dec 2007 08:57:34 +0400</pubDate>
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        The Qatar National Bank (QNB) has started banking operations at its first branch in Kuwait. The QNB received its licence back in September and the opening follows that in Oman earlier this week. Meanwhile, according to The Peninsula, Qatar's Doha Bank is also planning to open an office in Kuwait and has received regulatory approval.
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    <title>Amlak, Barwa in tie-up</title>
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    <pubDate>Mon, 31 Dec 2007 07:29:58 +0400</pubDate>
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        The UAE based Amlak Finance has signed an agreement with Qatar's Barwa Real Estate Company which will see it roll out its various mortgage products through a new entity called Amlak Barwa Finance. Amlak is looking to expand regionally and it has recently launched fully fledged operations in Egypt, while it is a major shareholder in Amlak International in Saudi Arabia.
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    <title>QNB into Muscat</title>
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    <pubDate>Sun, 30 Dec 2007 07:56:10 +0400</pubDate>
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        The Qatar National Bank (QNB) has opened its new branch in Muscat and it is now offering full banking services. The QNB was granted a licence to operate in Oman in January and it has become the first Qatari lender to open an outlet in the sultanate. The QNB has recently received the go-ahead to open a branch in Mauritania; the bank already has offices in Yemen, Singapore and Libya.
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    <title>Bhutto death fans gold</title>
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    <pubDate>Sat, 29 Dec 2007 07:41:23 +0400</pubDate>
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        The death of former Pakistani Prime Minister Benazir Bhutto in a suicide bombing in Rawalpindi late on Thursday helped push gold prices above a one month high yesterday. Gold futures for February delivery finished the day at $842.7 an ounce, up more than 1%, or $10.9, having hit an intra-day peak of $843.8 on the New York Mercantile Exchange, reported Reuters. Gold has now climbed in five straight sessions.
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