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Toyota to set up new plant in Malaysia

Toyota Motor plans to establish another factory in Malaysia, at an estimated cost of 30 billion yen ($275 million), with an expected production of 50,000 vehicles a year, said a report. By building the new factory, Toyota aims to

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Toyota to set up new plant in Malaysia

Toyota Motor plans to establish another factory in Malaysia, at an estimated cost of 30 billion yen ($275 million), with an expected production of 50,000 vehicles a year, said a report. By building the new factory, Toyota aims to

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Dubai Airport Show exhibitors launch 25 new products

Dubai’s Airport Show 2016 witnessed for the first ever time in the Middle East the launch of 25 new technology innovative products promising to change the future of travel. From a next-gen highly maneuverable cabin lifting f

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BurgerFi to open in Kuwait

American burger franchise BurgerFi will be entering the Kuwaiti market with an initial eight restaurant locations planned, it was announced recently. The first BurgerFi restaurant will open at the Arabella Shopping Center in Al Bida'

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Qatar Airways doubles flights from New York

Qatar Airways has added a second daily, non-stop flight on its route between John F. Kennedy Airport in New York City and Hamad International Airport in Doha. The new route features the acclaimed Airbus A350 and a new morning depa

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Citigroup appoints new chief for Lebanon operations

Citigroup has appointed of Michel Sawaya as chief executive officer of Citibank Lebanon, replacing Elissar Farah Antonios who has assumed the role of chief executive officer of its UAE operations in December.    

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Ikea Saudi launches new collection with top designer

Ikea Saudi Arabia, a leading furnishings company and a memeber of the Ghassan Ahmed Al Sulaiman Furniture Trading Co, has launched a new collection in collaboration with world renowned designer Katie Eary.   The

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Ithmaar approves plans for new group structure

The shareholders of Ithmaar Bank, a Bahrain-based Islamic retail bank, have approved plans for a new group structure designed to further develop the growth achieved in the core retail banking business, the strategic focus of the bank.

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New India Assurance Bahrain profit hits $3.2m

The New India Assurance Company Limited, Bahrain (NIA) reported a profit of $3.22 million for 2015 compared with $2.5m in the previous year, said a report in the Gulf Daily News (GDN), our sister publication.  

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LuLu International exchange opens branch in Bahrain

LuLu International Exchange, the remittance and foreign exchange division of Middle East retail major LuLu Group, inaugurated a new branch in Umm Al Hassam, Bahrain, said a report in the Gulf Daily News (GDN), our sister publication.

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