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Economics and Policy
Sheltering in a bomb-proof safe room in a heavily fortified office in Baghdad is the new reality for a senior Western oil executive who runs one of Iraq’s oil field mega-projects.
Companies and Business
US hotelier Marriott International is close to the sale of three hotels to an institutional buyer, the operator’s CEO said, with an Abu Dhabi government fund the most likely buyer.
Abu Dhabi plans to invest $5 billion in Russian infrastructure in a venture to be set up with the country's state-backed private equity fund.
Commercial banks in the United Arab Emirates (UAE) are expected to report net profit growth of about 20 per cent in 2013, higher than that posted last year.
