Thursday 10 July 2014
 
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abu dhabi

ADS Securities appoints new MD

ADS Securities, a leading independent forex trading services company in the Middle East, has appointed Iskandar Najjar, the former CEO of Alpari ME, as the managing director for the region.   In his new role, Naj

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Dubai, Abu Dhabi bourses shelve merger plan

A planned merger of the Dubai Financial Market and the Abu Dhabi Securities Exchange (ADX) has been shelved for the foreseeable future as terms for the politically sensitive move could not be agreed, sources told Reuters on Thursday.

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Abu Dhabi developer inks home finance deal

Saadiyat Development and Investment Company has signed a customer home finance deal with Al Hilal Bank for its upcoming villa project in Abu Dhabi. The Hidd Al Saadiyat residential community covers 1.5 million sq m with 7 km of be

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Tabreed wins $286m cooling services contract

UAE's Tabreed is heading a consortium that has acquired a concession to provide district cooling services in Abu Dhabi worth 1.05 billion dirhams ($285.9 million), the firm said on Thursday. The 30-year contract involves buyin

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Hyundai E&C wins $989m UAE plant deal

Hyundai Engineering and Construction Company has clinched a $989 million contract power generation and desalination plant order from the UAE, according to a report. South Korea's largest builder secured the EPC and turnkey ord

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Abu Dhabi home sale prices stabilise in Q2

Average apartment and villa sales price increases in Abu Dhabi stabilised at 4 per cent and 2 per cent respectively during the second quarter (Q2) of the year compared to Q2 2013 as investor confidence returned, a report said. Ave

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Abu Dhabi fund sells Kotak Mahindra stake

Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, sold 4.21 billion rupees ($70.2 million) worth of shares in India's Kotak Mahindra Bank in stock market deals on Monday, exchange data showed.

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Fitness First opens new facilities in UAE

Fitness First Middle East, a leading health and fitness club chain owned and operated by Landmark Leisure and Hospitality Services, has opened two new clubs in Abu Dhabi and Dubai.   The club at the Al Seef Villa

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Abu Dhabi school project on track

Abu Dhabi Tourism Development & Investment Company (TDIC) has announced that the construction of Cranleigh Abu Dhabi, the leading school campus on Saadiyat island has entered the final phase. The project work includes three ma

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Abu Dhabi school project on track

Abu Dhabi Tourism Development & Investment Company (TDIC) has announced that the construction of Cranleigh Abu Dhabi, the leading school campus on Saadiyat island has entered the final phase. The project work includes three ma

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