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The outlet will also take part in the ongoing Malabar Gold & Diamond Festival campaign.

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Some Aramco managers have been informed that the company is looking at listing shares in "joint downstream subsidiaries" at home and abroad.

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Emaar's shares, down 1.6 per cent at Dh5.6, having fallen as much as 4.4 per cent in early trade, led the decline in Dubai stocks three days after a fire ripped through one of its hotels on New Year's Eve.

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