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The recent influx of low-cost airline operators into the Bulgarian market is good news for passengers, who benefit from cheaper fares and a wider range of destinations.
Last month, HSBC Bank Malaysia became the first locally incorporated foreign bank to be awarded a licence to operate an independent Islamic banking subsidiary in the country.
The business news in Brunei recently had a Scandinavian feel, with the announcement that Sweden's Ericsson, the world's largest supplier of mobile phone network technologies, will soon be setting up shop in the sultanate.
Sheikh Humaid bin Rashid Al Nuaimi, the ruler of Ajman, recently ordered a wage increase for all national and non-national government employees in the emirate, part of a federal directive to increase salaries across the United Arab Emirates (UAE).
Qatar is being pressed from several different angles to drop its currency peg to the dollar. During the recent Gulf Cooperation Council Leaders Summit in Doha, this was a hot topic of debate among global financiers.
Market observers have been scrutinising Turkey's rate of inflation of late, and with good reason. They are partially right in concluding the country was wide off its target as inflation reached 8.4% last month.

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