Mena News

 

  Crude oil ends higher on positive factory orders data
Apr , 03 , 2013  
  US crude oil futures rose on some positive factory orders data from the US. Light Sweet Crude Oil futures for delivery in May gained USD0.12, or 0.1%, to close at USD97.19 a barrel on the NYMEX.
 

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  Italy’s unemployment rate decreases in February
Apr , 03 , 2013  
  The unemployment rate in Italy decreased to 11.6% in February from 11.7% in January.
 

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  Contraction in French manufacturing activity eases
Apr , 03 , 2013  
  France’s manufacturing sector contracted at a slower rate in March, with the Purchasing Managers’ Index coming in at 44 vis-ŕ-vis 43.9 in February.
 

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  Germany’s manufacturing activity declines
Apr , 03 , 2013  
  Germany's inflation remained unchanged in March, with the harmonized index of consumer prices (HICP) coming in at 1.8%, against the expectations of 1.7%.
 

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  UK’s manufacturing activity continues to fall
Apr , 03 , 2013  
  Manufacturing activity in the UK continued to deteriorate, with the Purchasing Managers’ Index moving up to 48.3 in March from 47.9 in February.
 

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  Eurozone’s unemployment remains unchanged
Apr , 03 , 2013  
  Unemployment in the Eurozone remained unchanged at a record high of 12% in February, in line with market expectations.
 

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  Eurozone manufacturing activity deteriorates
Apr , 03 , 2013  
  Manufacturing activity in the Eurozone deteriorated in March, with the Purchasing Managers’ Index falling to 46.8 from 47.9 in February.
 

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  US factory orders rebound in February
Apr , 03 , 2013  
  Factory orders in the US rose 3.0% in February following a revised 1.0% decrease in January. The rise in orders is ascribed to growth in the transportation sector.
 

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  Residential rates in Dubai advance in 1Q13
Apr , 03 , 2013  
  The sale price of apartments in Dubai was up 12% QoQ during 1Q13, driven by an increase in rates in all areas of the emirate. The sale price of villas rose 5% QoQ during the quarter.
 

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  UAE pumps over USD55bn in foreign markets
Apr , 03 , 2013  
  Between 1980 and 2011, the UAE invested USD55.5bn in foreign markets to become the largest Arab capital exporter. On the other hand, it received USD85bn through FDI during the same period.
 

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