Saturday 29 August 2015
 
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capital expenditure

Oil and gas explorers in Africa ‘must rethink capex’

Oil and gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, said an industry expert. “Oil & gas explorers

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Oil and gas explorers in Africa ‘must rethink capex’

Oil and gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, said an industry expert. “Oil & gas explorers

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Oil prices jump 11pc as BP cuts capital expenditure

Oil futures rose on Tuesday, adding to gains of more than 11 per cent in the prior two sessions as BP announced a cut in capital expenditure for 2015. BP announced it would cut capital expenditure by 13 per cent to $20 billion in

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Khodari may double capex for big Saudi projects

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said it may double its capital spending in coming years to cope with the work it hopes to do on the country's big infrastructure projects. Saudi A

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Adib provides $163m financing to Manazel

Abu Dhabi Islamic Bank (Adib), a top tier Islamic financial institution, is providing a Dh600 million ($163.3 million) financing facility to Manazel Real Estate to fund the Abu Dhabi-based company’s capital expenditure. The

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Adib provides $163m financing to Manazel

Abu Dhabi Islamic Bank (Adib), a top tier Islamic financial institution, is providing a Dh600 million ($163.3 million) financing facility to Manazel Real Estate to fund the Abu Dhabi-based company’s capital expenditure. The

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Audi plans $17bn capex programme

The Audi Group plans on investing 13 billion euros ($17.15 billion) through 2016 in its capital-expenditure (capex) programme, maintaining its course for growth as per its Strategy 2020. Expenditures will primarily address the dev

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Taqa plans to spend $2.2bn in 2012

Abu Dhabi National Energy Company (Taqa), the energy and utility firm which is 75-per cent owned by the Abu Dhabi government, said it was on track to make capital expenditures of $2.2 billion this year. The Abu Dhabi firm said its net p

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Capital expenditure may increase, says Fitch

Emerging market corporate issuers across Europe, Middle East and Africa (Emea) region are expected to increase capital expenditures this year as they become more optimistic about growth prospects. That is the view of Fitch ratings in a rep

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