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Business Middle East

  • *Soft landing in China main case scenario. HONG KONG, Nov 16- Synchronized global growth and the likely slow path that the U.S. Speaking at the Reuters Global 2018 Investment Outlook Summit in Hong Kong on Thursday, Mark Konyn said this reduced the risk of major disruptions in emerging markets, where consumption growth will be a key investment theme for next year.

  • LONDON, Nov 16- Emerging stocks snapped a five-day losing streak on Thursday as investors found solace from solid U.S. data in the wake of the recent global equity sell off while currencies advanced despite a slightly stronger dollar. MSCI's emerging market index rose 0.9 percent thanks to solid gains in Asian heavyweight bourses Hong Kong and Seoul, and...

  • DJIBOUTI, Nov 16- China's POLY-GCL Petroleum Group Holdings Ltd has signed a memorandum of understanding to invest $4 billion in a natural gas project in the tiny Horn of African nation of Djibouti. Djibouti, with a population of less than one million, has long punched above its weight due to its strategic location on the Gulf of Aden, one of the world's busiest...

  • Qatar blockade a losing game for all of us

    Ali Shareef Al-Emadi, Qatari finance minister, speaks about how his country's economy is adapting to an embargo imposed by its Gulf neighbors.

  • Careem co-founder Abdulla Elyas speaks about the introduction of women drivers in Saudi Arabia.

  • *Vision Fund to invest up to $10 bln in Saudi Elec Co- BBG. *Main Saudi wealth fund is a top investor in $93 bln Vision Fund. TOKYO, Nov 16- Japan's SoftBank Group Corp plans to invest as much as $25 billion in Saudi Arabia over the next three to four years, Bloomberg reported on Wednesday, citing people familiar with the matter.

  • Plan is unethical

    Qatar's finance minister on Wednesday denounced an alleged scheme to destabilize his country's economy.

  • Careem's women drivers are technology changing lives

    CNBC's Hadley Gamble speaks to Middle Eastern ride-hailing app Careem's newly recruited women drivers in Saudi Arabia.

  • CNBC's Hadley Gamble discusses the latest developments in Lebanon's leadership crisis.

  • CNBC's Willem Marx breaks down claims that the United Arab Emirates is attempting to influence Qatar's economy.

  • BEIJING, Nov 16- China's non-financial outbound direct investment from January to October fell 40.9 percent year-on-year to $86.31 billion, the Ministry of Commerce said on Thursday as authorities bear down on what they say are speculative foreign ventures. Investment in countries involved in China's Belt and Road initiative, an extensive infrastructure...

  • JAKARTA- Indonesia Central Bank holds board of governors meeting. **Zagreb- Croatia Finance Minister Zdravko Maric will meet an association of Croatia export-oriented firms to talk about the policy plans for 2018- 0900 GMT. SYDNEY- Panel participation by Michele Bullock, Reserve Bank of Australia's assistant governor at the Women in Payments Symposium, Sydney...

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • PARIS— The state of Minnesota lost its bid to host what would have been the first world's fair on U.S. soil in almost 40 years when the organization that oversees the events voted Wednesday to make Argentina's capital the site of one planned for 2022-2023.. But in its latest vote, members of the Bureau of International Expositions, based in Paris, picked Buenos...

  • Pope Francis writes on the bonnet of a Lamborghini donated to him by the luxury sports car maker, at the Vatican, Wednesday, Nov. 15, 2017. The car will be auctioned off by Sotheby's, with the proceeds going to charities including one aimed at helping rebuild Christian communities in Iraq that were devastated by the Islamic State group.

    Pope Francis blessed the luxury sports car on Wednesday, Newsweek reports.

  • DUBAI, Nov 15- Airbus hailed its biggest ever airliner deal on Wednesday with an umbrella agreement to sell 430 planes worth up to $50 billion to U.S. budget airlines investor Bill Franke. The deal between Airbus and Franke's Indigo Partners is billed as the industry's largest by number of aircraft. For Airbus, the $49.5 billion list price value is seen as a record,...

  • Qatari Minister of Finance Ali Shareef al-Emadi

    Al-Emadi told CNBC on Wednesday that the alleged push to destabilize Qatar's economy is "against international laws."

  • LONDON, Nov 15- The equity market is only in the "foothills" of another technology bubble rather than at the peak, Royal London Asset Management said on Wednesday. Its head of multi-asset Trevor Greetham also said a managed Chinese slowdown could be positive for stocks. "That China slowdown, as long as it's managed, is something which is actually quite positive for...

  • airliner deal on Wednesday with an agreement to sell 430 planes worth up to $50 billion to U.S. budget airlines investor Bill Franke. >Dubai pressures Airbus as A380 order hopes fizzle. >Boeing takes lead in Dubai with Emirates order.

  • SINGAPORE/ DUBAI, Nov 15- No-frills airline tycoon Bill Franke, the investor behind a record deal for 430 jets, built his fortune as a champion of unbundled or "a la carte" charges that come on top of rock-bottom ticket prices. Passengers may grumble about paying extra for baggage, seats and meals, but the 80- year-old industry veteran- the co-founder and managing...