Friday 22 August 2014
 
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Foreign investors buy $309m worth shares on DFM

Foreign investors purchased shares worth Dh1.14 billion ($309.5 million) on the Dubai Financial Market (DFM) from August 17 to 21, while the value of stocks they sold was Dh1.08 billion, said a report. The net foreign investment d

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IHG to sell its Le Grand Paris to Qatari investor

InterContinental Hotels Group is set to sell its flagship Le Grand hotel in Paris to Qatari-backed investor Constellation Hotels for 330 million euros ($440 million), it said on Thursday, raising the prospect of more cash returns for inve

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IHG to sell its Le Grand Paris to Qatari investor

InterContinental Hotels Group is set to sell its flagship Le Grand hotel in Paris to Qatari-backed investor Constellation Hotels for 330 million euros ($440 million), it said on Thursday, raising the prospect of more cash returns for inve

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Interpol hunt on for Bahraini fraudster

Bahrain’s Public Prosecution has issued an arrest warrant through Interpol for a Bahraini investor who has been accused of fraud in multiple cases. Under the warrant, the suspect who runs a restaurant chain in Bahrain must be extr

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Investor issues in focus at Arqaam meet in Dubai

More than 100 institutional investors from around the world and senior management of leading MEA firms, will discuss growth, funding and competitive strategies at an investors’ conference in Dubai in September.  

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Bahrain hotels urge rethink on alcohol ban

Investors and hotel owners have urged Bahrain's leadership to reconsider a decision to ban alcohol, nightclubs and bars in three-star hotels.   The move will lead to detrimental social and economic repercussi

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Bahrain’s investor-friendly environment in focus

Bahrain’s progress in diversifying its economy and creating an investor-friendly environment will be the focus of a special publication by global publishing, research and consultancy firm Oxford Business Group.  

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RAK free zone woos Spanish investors

Ras Al Khaimah Free Trade Zone hosted seminars recently for Spanish investors in Madrid, Bilbao and Barcelona highlighting oppotunities to expand thier companies into fast-growing global marketing by setting up b

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Arabtec enjoys crucial Aabar backing, says CEO

The construction company at the centre of Dubai's stock market meltdown, Arabtec, sought to calm investors on Wednesday by saying it still had the backing of a key government shareholder and would rein in lavish salaries to reduce costs.

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Law to protect real estate investors is approved

A new law aimed at protecting investors in large-scale real estate projects has been approved in record time by both chambers of Bahrain's National Assembly.   Parliament yesterday (June 17) approved the bill

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