Wednesday 30 July 2014
 
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National Bank of Oman net profit jumps 25pc

National Bank of Oman, the sultanate's second-largest lender by assets, posted a 25 per cent rise in second-quarter net profit, beating analysts' expectations.   The lender made a net profit of RO12.7 mil

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Bahrain invites bids for phase II of Northern Town

Bahrain’s Ministry of Housing has invited pre-qualification bids from contractors and design and supervision consultants for the second phase development of the new Northern Town – Al Madina Al Shamliya.  

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Bahrain's Northern Town 2nd phase work to begin

Work on the second phase of the Northern Town is set to begin after a BD10 million ($26.3 million) agreement was signed yesterday (June 15).   The Housing Ministry signed an agreement with a consortium consisting

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Iran starts work on second atomic plant

Iran has started building a second atomic power plant in an oil-rich region near the border with Iraq, Iran's Ambassador to Russia was quoted as saying on Friday by Itar-Tass news agency. Gholamreza Ansari said construction had started at

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Iran starts work on second atomic plant

Iran has started building a second atomic power plant in an oil-rich region near the border with Iraq, Iran's Ambassador to Russia was quoted as saying on Friday by Itar-Tass news agency. Gholamreza Ansari said construction had started at

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Hyundai opens second Indian plant

Hyundai Motor, South Korea's top automaker, has opened its second plant in India to take on growing competition and cementing the country's position as a global hub for small cars. Hyundai, which along with affiliate Kia Motors, is the wor

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Nakheel lists $750m Sukuk issue at DIFX

Nakheel, a member of Dubai World, has listed an issue of $750 million Trust Certificates (Sukuk) on the Dubai International Financial Exchange (DIFX).   This is the second Sukuk that Nakheel has issued. The first issue, the world’s la

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