Monday 2 March 2015
 
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Mumtalakat 'has no plans to sell assets'

Mumtalakat does not plan to sell off any assets this year and would pursue business projects as usual, its top official has said. The sovereign wealth fund's chief executive Mahmood Al Kooheji said this during a keynote interv

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‘Qatar’s plans will be unaffected by lower oil prices’

Qatar’s plans will not be affected by lower oil price, but there may be more opportunities for private finance to play a role in the country’s infrastructure, according to experts. Mamoon Alameen, a specialist on proje

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New GFH plan ‘much healthier and stronger’

GFH has restructured its balance sheet with both its cash and equity position much healthier and stronger now than it was before the financial crisis, according to the chairman of the Bahrain-based Islamic investment bank. "I

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Renault unveils expansion plans in Mideast

Renault has unveiled its 2017 plan and ambitions for expansion in the Middle East region. It also showcased the various new models that will be made available in the region soon, with 11 new vehicles to be launched in the next thr

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Agility plans up to $100m Africa spend this year

Kuwait-listed logistics firm Agility plans to spend up to $100 million this year on its expansion plans, with Africa the main target of its investment, a senior executive said. Among the target markets for the company's expans

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Kuwait’s Investment Dar upbeat on debt restructuring

Kuwait's Investment Dar remains on track to agree the bulk of a KD813 million ($2.8 billion) debt restructuring plan despite resistance by some minority investors, according to a company document. The firm, which holds a stake

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Consumers to demand more from shared data plans

Future consumers will place further requirements on shared data plans in terms of new services and capabilities, according to a report from Ericsson ConsumerLab. The report ‘Embracing Data Sharing,’ showed that the typ

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E-textbooks to be rolled out in Bahrain’s public schools

E-textbooks could soon be rolled out in public schools across Bahrain as part of plans to switch from paper-based studies. It means the country's education system has to undergo a complete overhaul, said Education Minister Dr

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$106m cardiology centre planned in Bahrain

The construction of a new multi-million dinar cardiology centre in Awali, Bahrain, is set to begin within the next six weeks. The seven-storey complex will be associated with the existing Mohammed bin Khalifa Cardiac Centre at the

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$106m cardiology centre planned in Bahrain

The construction of a new multi-million dinar cardiology centre in Awali, Bahrain, is set to begin within the next six weeks. The seven-storey complex will be associated with the existing Mohammed bin Khalifa Cardiac Centre at the

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