Sunday 11 December 2016
 
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Henkel develops strategic, financial growth plan

Henkel, a leading manufacturer of consumer goods and adhesives technologies, will focus on four strategic areas for growth until 2020 and beyond under a plan summarised as ‘Henkel 2020+’. The priorities for the company

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Emirates 'may cut flights to Africa'

Economic and financial challenges affecting Africa could spell doom for its aviation sector as international airlines, including Emirates, has concluded plans to reduce the frequency of its flights to African cities or cut routes completely, sai

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Bohai Steel $28.9bn debt plan to get local support: Caixin

Bohai Steel Group, the indebted state-owned conglomerate, may receive help from a local government bailout fund to restructure its debts, the online financial magazine Caixin said at the weekend. Bohai Steel, which was created in

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Public beach revamp plan is vetoed in Bahrain

A plan to open up Bahrain’s biggest public beach near Zallaq to private developers has been vetoed due to fears that it could restrict public access, said a report in the Gulf Daily News (GDN), our sister publication.

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Egypt approves growth plan, deficit-cutting budget

Egypt's President Abdel Fattah Al-Sisi has approved the 2016-2017 draft budget, as well as an economic development plan, and sent both to parliament for passage, state news agency Mena said.   The draft budge

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Japan makes $71m payment to back Morocco's green plan

The Japan International Cooperation Agency (JICA) has paid 720 million Moroccan dirhams ($71.8 million) backing Morocco's green plan programme, according to a report.   It is part of a 1.4 billion Moroccan di

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Ooredoo launches new Musafir bundles for travellers to UAE

Ooredoo has launched its all-new value-added plans, designed to help travellers to the UAE stay connected and keep in touch.    The new bundles, named Musafir UAE, from the leading telecom operator, have dou

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Ban on new businesses is planned in Bahrain

An indefinite ban may be imposed on new commercial outlets in Bahrain’s Capital Governorate as officials look for solutions to problems being created by overcrowding, said a report in the Gulf Daily News (GDN), our siste

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Bin Faqeeh reveals key 5-year projects plan

Bin Faqeeh, a Bahrain-based privately-owned real estate investment company, plans to launch an exclusive limited edition luxury project each year for five years, said a report in the Gulf Daily News (GDN), our sister publication.

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Napco to expand production capacity

Oman-based National Aluminium Products Company (Napco), a leading extruder of aluminium profiles in the GCC, will expand its production capacity by installing two additional extrusion presses and a vertical powder coating plant, said a report.

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