DP World is seeking shareholder approval to delist from the London Stock Exchange (LSE). The company has also confirmed the $2.6bn acquisition of Economic Zones World (EZW).
World oil prices will keep falling, possibly down to $50 a barrel, unless the overall global economic situation improves, says Khaled Bodi, chief of a Kuwait-based consulting centre.
Eleven GCC-based telecom companies achieved $7.28 billion combined earnings for the first nine months of financial year 2014 (FY14), a report from Mubasher statistics reveals.
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