Saturday 4 July 2015

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LOADERS, CRANES IN BIG DEMAND
Construction equipment market to hit $241bn by 2020

The global construction equipment market is expected to reach $240.97 billion over the next five years with a CAGR (compound annual growth rate) of 8.9 per cent, said a report.

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1

ENTERING NEW TERRITORIES
Videocon plans $2.5bn Brazil energy investments

India's Videocon Industries plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of its strategy to boost the business.

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2

SHELL, TECHNIP BACK PROJECT
Drydocks World completes world’s largest turret

Dubai's Drydocks World said it has achieved a major milestone with the completion of the world’s largest turret mooring system which stands almost 100 meters tall and weighs over 11,000 tonnes.

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3

SPOTLIGHT
ME lenders struggle with falling loan pricing

The reluctance of local lenders to join the $3 billion loan for Abu Dhabi National Energy Company (Taqa), is highlighting how previously liquid local banks are being priced out of the market as low oil prices finally begin to bite.

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4

SPOTLIGHT
ME property market among world’s fastest growing

Middle East real estate market revenues have augmented at a compounded annual growth rate (CAGR) of 4.7 per cent between 2009 and 2014, making it one of the fastest growing sectors across the world, a report said.

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5

IMAGE OF THE DAY
Against all odds

The world’s first solar-powered plane is attempting to break all distance and duration records for solar aviation, having already covered 6,190 km in 80 hours non-stop from Japan to Hawaii in the 7th leg of its flight around the world.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Construction equipment market to hit $241bn by 2020

The global construction equipment market is expected to reach $240.97 billion over the next five years with a CAGR (compound annual growth rate) of 8.9 per cent, said a report.

More…
Retail & Wholesale

Paris Gallery launches special summer sale

Paris Gallery, a leading luxury retailer in the Middle East, is offering a 70 per cent discount on selected products across all categories at its outlets as part of its super Summer Surprises Sale.

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Energy, Oil & Gas

Videocon plans $2.5bn Brazil energy investments

India's Videocon Industries plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of its strategy to boost the business.

More…
Finance & Capital Market
Analysis, Interviews, Opinions

ME property market among world’s fastest growing

Middle East real estate market revenues have augmented at a compounded annual growth rate (CAGR) of 4.7 per cent between 2009 and 2014, making it one of the fastest growing sectors across the world, a report said.

More…
Industry, Logistics & Shipping

Drydocks World completes world’s largest turret

Dubai's Drydocks World said it has achieved a major milestone with the completion of the world’s largest turret mooring system which stands almost 100 meters tall and weighs over 11,000 tonnes.

More…
Travel, Tourism & Hospitality
IT & Telecommunications

Etisalat unveils special package for 4G smartphone

Etisalat has announced a special three-month offer for the new Presitigio Multiphone 5454 Duo 4G LTE smartphone, that boasts key features including a dual SIM and a bright 4.5" IPS display with Gorilla Glass 3.

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Health & Environment

Stricter laws to open up waste management market

Opportunities in the Asia-Pacific hazardous waste management market vary across the region as many countries continue to send most of their locally produced hazardous waste to non-sanitary landfills.

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Media & Promotion

New book traces history of Bahrain’s newspapers

A new book 'Bahrain’s English Newspapers: An Illustrated History' by Bahraini historian Hamad Abdulla, illustrates how publications have evolved since the mid-1950s.

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Miscellaneous

Houthis discuss Ramadan humanitarian pause

Yemen's dominant Houthi movement said on Saturday a pause in fighting to last until the end of Ramadan was under discussion with the United Nations to allow for deliveries of humanitarian aid.

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