Sunday, May 1, 2016

Dubai's Emaar Properties Q1 net profit rises 17 pct

DUBAI, May 1 (Reuters) - Dubai's Emaar Properties,

builder of the world's tallest tower, reported a 17 percent rise

in first-quarter net profit on Sunday.

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UPDATE 1-Dubai's Emaar Properties Q1 net profit rises 17 pct

* Q1 revenue 3.53 bln dirhams vs 3.02 bln dirhams a yr ago

(Adds details)

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Irish fin min likely to retain post in new government - source

DUBLIN, May 1 (Reuters) - Irish Finance Minister Michael

Noonan is likely to be reappointed to his position if, as

expected, his Fine Gael party forms a new minority government, a

senior government source said on Sunday.

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Muslim favourite to run London after racially charged campaign

LONDON, April 30 (Reuters) - Sadiq Khan, a Muslim lawmaker

from Britain's opposition Labour Party, is the strong favourite

to win London's mayoral election on Thursday after a bitter

contest marked by religious tensions and accusations of racism.

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Iran oil exports to South Korea rise to 400,000 bpd after sanctions lifted - Shana

DUBAI, May 1 (Reuters) - Iran's oil exports to South Korea

have more than quadrupled to 400,000 barrels a day since

international sanctions were lifted in January, Oil Minister

Bijan Zanganeh was quoted as saying on Sunday by the Shana news

agency.

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MIDEAST STOCKS-Gulf markets mixed in early trade, Ma'aden soars in Saudi

DUBAI, May 1 (Reuters) - Stock markets in the Gulf were

mixed in early trade on Sunday with Saudi Arabia's bourse buoyed

by commodity-related shares while banks weighed on United Arab

Emirates indexes.

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MIDEAST STOCKS-Gulf may move little, banks restrain Abu Dhabi

DUBAI, May 1 (Reuters) - Gulf stock markets may move little

on Sunday with few positive catalysts, while weak bank earnings

may continue to cap Abu Dhabi.

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