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Gulf quiet as Abu Dhabi’s Dana soars

Reuters Gulf stock markets were mostly quiet in moderate trading volumes on Monday as Abu Dhabi-listed Dana Gas jumped ahead of a court hearing on its effort to avoid redeeming $700 million of Islamic bonds. Abu Dhabi’s index edged up 0.3 percent as Dana jumped 13.2 percent; it was the market’s most heavily traded stock by far. A court in ...

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Kremlin sees ‘unbearable’ risk to US relations in new sanctions

Bloomberg The Kremlin is “concerned” about the possibility the US might further expand sanctions on Russia, presidential spokesman Dmitry Peskov said. “We don’t want to be in a situation where our bilateral relations, which are already in a rather pitiful state, could face even bigger and possibly unbearable risks and dangers,” Peskov told conference call on Monday. “We have concerns ...

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Bahrain convicts six to death on terrorism charges

Reuters A Bahraini military court sentenced six Shi’ite Muslim men to death and revoked their citizenship after they were convicted on charges of forming a terrorist cell and plotting to assassinate a military official, Bahrain news agency BNA reported on Monday. The men, including one soldier, were accused of several militant attacks and of attempting to assassinate a commander of ...

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