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Kuwaiti businessman Fawwaz Al Hasawi planning to buy Charlton Athletic - reports

Kuwaiti businessman Fawwaz Al Hasawi planning to buy Charlton Athletic - reports

Kuwaiti businessman and former Nottingham Forest FC owner Fawwaz Al Hasawi intends to buy a British football club, most likely League One team Charlton Athletic, according to the Kuwait Times.

Citing informed sources, the newspaper reported that Al Hasawi – who owned Nottingham Forest between 2012 and its sale to Greek shipping magnate Evangelos M

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ADFG makes new bid for Abraaj's Middle East funds - report

ADFG makes new bid for Abraaj's Middle East funds - report

The Abu Dhabi Financial Group (ADFG) has submitted a new bid to acquire the management rights for the Middle East funds of embattled private equity firm Abraaj, according to media reports.

ADFG is one of more than a dozen bidders hoping to buy the majority of Abraaj’s private equity firms.

Citing a letter reportedly sent to investors, however,

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UAE's FTA to roll out digital tobacco tax scheme in 2019

UAE's FTA to roll out digital tobacco tax scheme in 2019

The UAE’s Federal Tax Authority (FTA) will roll out a new tax control system for tobacco products at the beginning of next year, the FTA announced.

The new system – established by Cabinet Decision No. 42 of 2018 – will allow the FTA to collect taxes, ensure transparency and combat tax evasion.

According to the FTA, tobacco suppliers that don’t a

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Meet the man behind Circle K's retail success in the UAE

Meet the man behind Circle K's retail success in the UAE

Founded in 1951 in Texas, United States, Circle K is one of the largest food retailers in the world with more than 18,000 convenience stores globally. Brought to the GCC by Convenience Arabia in 2009, it offers consumers a unique shopping experience with tailored market strategies. Laurent Guitart has led Circle K UAE since 2015, when he was

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Lehman collapse: Economists should have predicted the crisis, says OECD chief

Lehman collapse: Economists should have predicted the crisis, says OECD chief

Mainstream economic thinking and the models it was based on did not reflect the reality either of the economy or people's life, said Angel Gurria

"At the end of my first year in office, in June 2007, the OECD economic outlook stated 'the current economic situation is in many ways better than what we have experienced in years'," Angel Gurria said.

The

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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