Sunday 29 May 2016
 
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investment

$65 oil price 'badly needed' for investment says Qatar

Oil markets are rebalancing but crude is not at a fair price yet, Qatar's energy minister and current Opec president told the Associated Press in an interview published on Tuesday, saying a minimum price of $65 a barrel was "badly neede

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SSH to expand Bahrain operations

SSH, a specialist in masterplanning, infrastructure, building design, construction supervision and project management, has announced plans to invest further in the development of its Bahrain office. A leading Middle East professio

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UAE expats buying property in India as investment

More than 40 per cent of the NRIs (non-resident Indians) living in the UAE prefer to buy Indian property as an investment, whether for the first time or as an additional asset, said a report ahead of a key industry event in Dubai.

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Lukoil in talks to raise Iraq investment, output

Russia's Lukoil is continuing talks with the Iraqi government over increasing investment and oil output at its West Qurna-2 project there, the company's first vice president Ravil Maganov told reporters on Tuesday. "T

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Carlyle sets up $500m Europe, N Africa energy vehicle

Carlyle Group on Monday announced an investment in Tunisia-focused oil and gas explorer Mazarine Energy which will also receive $500 million to make bolt-on acquisitions in Europe and North Africa. The deal is the first investment

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China to invest $11.9bn in aviation infrastructure

China will invest 77 billion yuan ($11.9 billion) this year in building aviation infrastructure, the official Xinhua news agency reported late on Wednesday, citing the country's civil aviation regulator. The Civil Aviation Adm

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Iran's new oil contract to be ready by July

Iran's new oil industry investment contract for international oil firms will be ready by July, a senior Oil Ministry official was quoted as saying on Thursday by Iranian state TV. "The new contracts will be ready in June,

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Qatar firm in talks to buy two St Regis hotels in US

The Qatar Investment Authority is in talks to buy St. Regis hotels in New York and San Francisco from Starwood Hotels & Resorts Worldwide, a report has unveiled. According to a report in Bloomberg, sources close to th

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Majid Al Futtaim unveils $1.8bn Oman investment plan

Majid Al Futtaim, a leading shopping mall and leisure pioneer in the region, officially unveiled its plans to increase its total investment in Oman to RO705 million ($1.825 billion) by 2020, at an event in Muscat today. The event

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Majid Al Futtaim unveils $1.8bn Oman investment plan

Majid Al Futtaim, a leading shopping mall and leisure pioneer in the region, officially unveiled its plans to increase its total investment in Oman to RO705 million ($1.825 billion) by 2020, at an event in Muscat today. The event

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