Tuesday 12 December 2017
 
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investment

Mideast infrastructure investment outlook 'bright'

The outlook for Middle East infrastructure investment remains positive as the region increases focus on public-private partnerships (PPPs) and privatisations, according to international law firm CMS. The UAE is the most attractive

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Duqm targets investments in automotive parts sector

Oman’s Special Economic Zone (SEZ) at Duqm is expected to receive investments in a wide array of automotive components and vehicle parts manufacturing plants, following the launch of Oman’s first bus manufacturing project, said a rep

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Damac eyeing investment opportunities in Croatia

UAE-based luxury property developer Damac is forging ahead with international expansion plans and is assessing several popular coastal destinations in Croatia as it looks into a number of real estate projects, said a top official.

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Arab states need $200bn water project investment

Arab countries will need to invest at least $200 billion into water-related infrastructure projects over the next 10 years, according to UN World Water Development Report released ahead of a major industry event in Abu  Dhabi.

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UAE to pump $1.9bn into British renewable energy sector

The UAE is set to invest £1.5 billion ($1.96 billion) in the UK in renewable energy sector, said Baroness Rona Fairhead, UK Minister of State for Trade and Export Promotion at the Department for International Trade (DIT). &q

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BA to invest $5.9bn in revamp programme

British Airways’ chief executive Alex Cruz has announced plans to invest a staggering £4.5 billion ($5.9 billion) in a revamp programme as part of efforts to improve the flying experience for all customers. Over the ne

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'60pc of online travel searches originate from mobile devices'

Travel websites in the Middle East and Africa (Mena) region are investing heavily into becoming mobile friendly with recent studies showing that 60 per cent of searches for destination information come from mobile devices. A regio

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Union Properties unveils new investment unit

Leading UAE developer Union Properties has announced the launch of its investment arm, UPP Capital Investment, as the real estate group continues to roll out its diversification strategy.   The new entity will specialise in d

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80pc of enterprises investing in AI - survey

A whopping 80 per cent of enterprises are investing today in artificial intelligence (AI), but one in three business leaders believe their company will need to invest more over the next 36 months to keep pace with competitors. At

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Dubai starts work on world's first charity park

Dubai Municipality said it has begun work on Charity Oasis, the first community charity park in the emirate, being built at a cost of Dh10 million ($2.27 million) in co-ordination with the Mohammed bin Rashid International Centre for Endowment C

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