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07 January 2009

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  • Nakheel: IPO possible, but not soon

      6. Oman Insurance Company organises blood donation camp 7. UAE banks spread rises despite liquidity squeeze, slowdown 8. Jordan- Arab Bank launches Virtual Branch 9. Jordan's budget deficit amounts to JD692m in 2008 10. Oman- Bank Sohar launches Ready

  • Saudi plans share buyback law

     Saudi Arabia has issued a draft law that would allow listed firms to buy back their shares, a senior government official said in remarks published on Monday. 'These regulations will be examined by the relevant bodies including the Shura Council before

  • Hays upgraded at UBS on belief dividend will be maintained

      UBS upgraded British staffing firm Hays Plc (UK:HAS:UK:HASNews , chart , profile , more Last: Delayed quote data Analyst Create alert Insider Discuss Financials Sponsored by:, , ) to buy from neutral, saying it believes that despite the poor medium-term

  • ABI makes rights issues easier

     Companies will be able to issues shares worth up to two-thirds of the companys value without shareholder approval, up from one-third, after the Association of British Insurers (ABI) changed its guidelines. 'We need to make the process quicker so

  • AMD reported to release six 45nm Business class CPUs in Q3

     Aready mentioned , AMD's 45nm Business class CPU update, which is slated for Q3, has now been revealed to include six models - two dual-, two tri- and two quad-cores. On the four-headed front, AMD will introduce the 2.8 GHz Phenom II X4 B93 and the 2.6

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  • Asiaspace banks on Amax to boost earnings

     ASIASPACE Sdn Bhd says that a bulk of its future net profit and revenue will come from the progressive rollout of its wireless Internet broadband services, marketed under the brand name 'Amax'. Amax, which uses a 2.3-gigahertz Worldwide Interoperability

  • Singapore Hot Stocks-SingTel, SPH fall on switch to risky plays? 60 mins ago

     SINGAPORE, Jan 5 (Reuters) - Singapore Telecommunications and Singapore Press Holding (SPH) fell as much as 3.7 percent and 2.5 percent, respectively, on Monday as investors switched to riskier stocks with greater upside potential, traders said. 'SingTel
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