Saturday 1 October 2016
 
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investment

GGICO aims to renegotiate part of debt plan

Dubai-listed conglomerate Gulf General Investment Co (GGICO) is seeking to restructure loans linked to a Dh2.8 billion ($762 million) debt plan which it agreed four years ago, banking sources told Reuters. It is the latest example

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Airports consider security an increasing tech investment priority

Airports are placing a higher priority on IT investments for passenger and airport security with 50 per cent rating it a high priority, up from 37 per cent last year. This is according to the 2016 Airport IT Trends Survey, the ext

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Investcorp to distribute $700m to investors

Investcorp, a leading provider and manager of alternative investment products, today announced  projected investment distributions of over $700 million to investors (including itself) in the first quarter of its fiscal year 2017 (FY17).

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Egypt eyes $10bn in foreign investment

Egypt hopes to attract $10 billion in foreign direct investment (FDI) next year and will automate the process of establishing a company, its investment chief said, highlighting efforts to revive the economy and earn much-needed hard currency.

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Egypt eyes $10bn in foreign investment

Egypt hopes to attract $10 billion in foreign direct investment (FDI) next year and will automate the process of establishing a company, its investment chief said, highlighting efforts to revive the economy and earn much-needed hard currency.

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Investcorp buys 10 new properties in US

Investcorp, a leading provider and manager of alternative investment products, today announced that its US-based real estate arm has acquired five multifamily apartment complexes and five student housing properties in several major metropolitan

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Investcorp buys 10 new properties in US

Investcorp, a leading provider and manager of alternative investment products, today announced that its US-based real estate arm has acquired five multifamily apartment complexes and five student housing properties in several major metropolitan

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Tehran to host first Iran Hotel and Tourism Investment Conference

Iran, the 18th largest economy in the world, is to host the first Iran Hotel and Tourism Investment Conference (IHTIC), a top-level gathering of international investors, owners, operators, developers and government officials. In a

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Slovenia commences first trade investment mission to UAE

Slovenia’s Ministry of Economic Development and Technology will commence its first ‘Trade and Investment Mission’ to the UAE today by holding a number of high level government and private business meetings, seminars and events

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Dubai Holding to relocate Mall of the World

Dubai Holding, a state-run investment company, has announced plans to relocate the planned Dh25-billion ($6.8 billion) Mall of the World to a site on Sheikh Mohammad bin Zayed Road in Dubai, UAE. The project’s positive touri

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