Sunday 7 February 2016
 
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Mercedes-Benz developing new drive systems

Mercedes-Benz is developing alternative drive systems to meet the growing demand for hybrid and plug-in hybrid models, as the importance of fuel efficiency and environmental awareness in the Middle East grows.  

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IFSB to develop standards for Islamic capital markets

The Kuala Lumpur-based Islamic Financial Services Board (IFSB) plans to develop guiding principles for capital markets and insurance, seeking to encourage regulatory consistency across new and established markets, its secretary general said.

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Bahrain in new push to develop tourism sector

Bahrain is taking steps to develop the tourism sector by new classification of hotels to ensure quality service to customers and constructing a new exhibition centre in Sakhir to hold major conferences. This was highlighted by Industry, Commer

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KA CARE to develop renewable energy sources

King Abdullah City for Atomic and Renewable Energy (KA CARE) is set to develop renewable energy sources, industries and services related to it, according to a report.   It will provide relevant technical educatio

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New coastal development policy urged in Bahrain

Bahrain has been urged to come up with a new coastal development policy to preserve its shoreline and manage development. That was the message of Bahrain Society of Engineers (BSE) president Masoud Ebrahim Hermi on the sidelines o

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Omani-Belgian JV to develop Duqm industrial clusters

The Duqm Industrial Land Company (DILC), a new joint venture between Port of Duqm Company (PDC) and Belgium-based Consortium Antwerp Port (CAP), is set to develop and promote the massive industrial clusters created with the Duqm Special Economic

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Omani-Belgian JV to develop Duqm industrial clusters

The Duqm Industrial Land Company (DILC), a new joint venture between Port of Duqm Company (PDC) and Belgium-based Consortium Antwerp Port (CAP), is set to develop and promote the massive industrial clusters created with the Duqm Special Economic

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PEIE in $152m deals to develop industrial estates in Oman

Oman’s Public Establishment for Industrial Estates (PEIE) has signed deals worth RO59 million ($152.7 million) to develop the Samayil and Sohar industrial estates, according to a report. The work at the estates, which will d

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PEIE in $152m deals to develop industrial estates in Oman

Oman’s Public Establishment for Industrial Estates (PEIE) has signed deals worth RO59 million ($152.7 million) to develop the Samayil and Sohar industrial estates, according to a report. The work at the estates, which will d

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Islamic finance ‘faces several key challenges'

The Islamic finance system faces several key challenges if it is to unlock its huge potential and develop safely, the International Monetary Fund (IMF) said. Islamic finance - the provision of financial services in accordance with

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