Kuwait
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0847 GMT- Shares in Abu Dhabi energy firm Dana Gas. Abu Dhabi's benchmark index climbs 0.7 percent to 3,303 points. Dana Gas is already quite advanced in doing the preparatory work, legal and accounting, regulatory and financial, "he said at that time.
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May 5- Kuwait's M2 money supply growth slowed to 8.5 percent year-on-year at the end of March from 9.1 percent in February, central bank data showed on Sunday. Growth in bank lending to the private sector picked up marginally, to 3.1 percent from February's 13- month low of 3.0 percent.
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DUBAI, May 5- Here are factors that may affect Middle East stock markets on Sunday. *Israel bombs Hezbollah- bound missiles in Syria- official EGYPT* Egyptian billionaire Sawiris returns home to warm welcome* Tear gas fired as Egyptian Islamists target security HQ* Court jails supporters of black-clad Egypt protest group.
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KUWAIT, May 4- Kuwaiti Crown Prince Sheikh Nawaf al-Ahmad Al-Sabah, had minor back surgery in Germany on Saturday and the operation was successful, state news agency KUNA said.
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*Investment through Qatar Foundation's investment arm* Bharti to issue 199.9 mln new shares at 340 rupees apiece* Qatar to secure board seat in Bharti post deal- source.
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*Deal pushes India ahead of China for 2013 foreign M&A purchases. NEW DELHI/ DUBAI, May 3- Gulf state Qatar has bought a 5 percent stake in Indian telecoms firm Bharti Airtel Ltd for $1.26 billion, the firm said on Friday, extending an overseas buying spree from mainly developed countries to Asia's third-largest economy.
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TOKYO, May 2- Japan's AOC Holdings said on Thursday its upstream unit, Arabian Oil Co, has agreed to sell the entire stake in its Norwegian operations to Kuwait Foreign Petroleum Exploration Company.
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0836 GMT- Egypt's large-cap Orascom Construction Industries. The settlement with the Egyptian Tax Authority should pave the way for OCI to go ahead with a plan for its Dutch-listed parent company to publicly tender for OCI shares listed on the Egyptian stock exchange, OCI said.
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Iraq's second-largest mobile operator said on Thursday it made a net profit of 662 billion dinars last year, on an 18 percent rise in revenue to 2.17 trillion dinars.
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Iraq's second-largest mobile operator said on Thursday it made a net profit of 662 billion dinars last year, on an 18 percent rise in revenue to 2.17 trillion dinars.
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*Bankers see more deals coming out of Egypt, Turkey. That strategy underwent an abrupt shift late in 2012 when the bank agreed to buy the Egyptian operations of French lender BNP Paribas for $500 million, securing a foothold in Egypt and diversifying a business hit hard by debt problems at the Dubai state-linked firms it banked heavily.
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*Bankers see more deals coming out of Egypt, Turkey. That strategy underwent an abrupt shift late in 2012 when the bank agreed to buy the Egyptian operations of French lender BNP Paribas for $500 million, securing a foothold in Egypt and diversifying a business hit hard by debt problems at the Dubai state-linked firms it banked heavily.
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*Kuwait rises above 7,500 points. DUBAI, May 1- Dubai heavyweight Emaar Properties. Property developer Emaar reported a worse-than-expected net profit of 556 million dirhams in the quarter ended March 31, compared to 606 million dirhams in the same period a year ago.
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*Dubai market up 32 pct this year. DUBAI, May 1- Trading volumes have doubled in the past few months, wealthy individual investors from Saudi Arabia and Kuwait are in town, and lucrative stock tips are again discussed at dinner tables. But the bull run in Dubai's share market may be only just beginning.
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*Dubai market up 32 pct this year. DUBAI, May 1- Trading volumes have doubled in the past few months, wealthy individual investors from Saudi Arabia and Kuwait are in town, and lucrative stock tips are again discussed at dinner tables. But the bull run in Dubai's share market may be only just beginning.
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NEW DELHI, May 1- Reliance Industries, owner of the world's biggest refining complex, has raised its dependence on heavier grades from Latin America, replacing some of the Middle Eastern crude it used to purchase, tanker arrival data made available to Reuters showed.
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*Obama won't rush to act against Syria over chemical arms* Russia bars airlines from Syria due to risk of ground fire* Libya aims to end fuel subsidies in 3 years* U.S. regrets Egypt walk-out at nuclear talks* Palestinian killed in Gaza by targeted Israeli air strike* Arab League seems to soften Israeli-Palestinian peace plan* Hezbollah says opposition won't topple Assad with force* Pope accepts invite to Israel, urges peace talks.
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*Q1 revenue 8.44 bln riyals vs 8.03 bln riyals a yr ago By Matt Smith DUBAI, April 30- Qatar telecoms group Ooredoo. reported a 13.6 percent rise in first-quarter net profit, as increased revenue from Qatar, Iraq and Indonesia offset a sustained profit slump at its Kuwait and Oman units.
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*Dubai at new 3-1/ 2 year high. DUBAI, April 30- Shares in Abu Dhabi's Aldar Properties and Sorouh Real Estate fell on Tuesday after they reported mixed first-quarter earnings, weighing on the emirate's main stock index. Shares in Sorouh, which will delist from the Abu Dhabi bourse in June and merge with Aldar, dipped 1.6 percent.
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*A $2.4 bln Islamic loan extended to May 29. DUBAI, April 30- Zain Saudi has extended the maturity on $3 billion of loans for up to five weeks, the loss-making telecoms operator said in a bourse statement on Tuesday.