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| Signs of decline in rents |
| RENTS are expected to decline in Doha in the coming months though evidence of it already happening is yet to be visible. At the same time, there are indications that rentals are unlikely to nosedive in the immediate future. |
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| Officials quit over Mumbai terror attacks |
| MUMBAI: India’s interior minister resigned yesterday as anger grew over intelligence failures leading up to the devastating attacks on Mumbai and the government mulled suspending a peace process with Pakistan. |
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| DSM rallies |
| The Doha Securities Market yesterday jumped 6.06% to cross the 6,000 mark, led by Industries Qatar and leading banks. The 20-stock Qatar Share Index added 347 points to 6,071.39. The DSM was the best performer among the Gulf bourses yesterday. |
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| Property defaults 'rising' in UAE |
| DUBAI: Dubai government-owned company Nakheel, developer of the man-made Palm Islands, said yesterday it had cut 500 jobs, the starkest sign yet that the end of the Gulf hub’s property boom could hit the whole economy. |
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TO celebrate the grand opening of the Museum of Islamic Art, which opens its doors to the public today, a special temporary exhibition has been organised; the first of an ambitious programme of exhibitions, involving collaboration with museums world-wide.
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SETTING an example of innovative financing for development, Germany, Pakistan and the Global Fund to Fight Aids, Tuberculosis and Malaria have signed a new type of debt swap on the sidelines of the Second International conference on Financing for Development being held in Doha.
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UNITED Nations Secretary-General Ban Ki-moon said yesterday that his organisation was committed to achieving long-standing peace in the region.
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DHAKA: Jatiya Party chairman and former Bangladesh president H M Ershad yesterday threatened to quit Awami League-led alliance over seat sharing.
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BANGKOK: Thousands of red-clad government supporters rallied in downtown Bangkok yesterday, stoking tensions after grenade attacks wounded dozens from a rival group that has occupied Thailand’s main airports.
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