Thursday 5 March 2015
 
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550 delegates sign up for Islamic finance event in Bahrain

More than 550 delegates from over 80 countries have registered for a pioneering Islamic finance event to take place in Bahrain next month. The inaugural Global Islamic Investment Gateway will take place on March 2 and 3 at the Gul

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Mena region to invest $755bn in energy projects

The Middle East and North Africa (Mena) countries are set to invest about $755 billion in energy projects over the next five years despite plunging oil prices, according to a report.   The Arab Petroleum Investments Corpo

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Gulf Air invests $20m to upgrade A330 fleet

Gulf Air has invested $20 million to upgrade four of its Airbus A330 wide-body aircraft in line with global best practices, it has emerged. The national carrier's acting chief executive Maher Salman Al Musallam yesterday (Janu

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Palm Hills to invest $307m in Egypt projects

Palm Hills, the second-largest listed real estate developer in Egypt, is set to invest E£2.2 billion ($307.6 million) into its existing projects in the country this year, said a report. The company will pump E£1.7 bill

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Access, Eren launch power development firm for Africa

Access Power MEA, a power project developer focused on the Middle East and Africa, and Eren, a leader in renewable energy, has launched Access Infra Africa, a vehicle that will be dedicated to invest in the early stage development power projects

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UAE invests $5.4bn in space technology

National investment in space technology is continuing to grow, as the UAE seeks to develop a long-term strategic plan for a solid and sustainable foundation for advanced space innovation and exploration. The UAE’s investment

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$250bn ‘needed to tackle energy crunch’ in India

India needs to invest $250 billion over the next five years to tackle chronic energy shortages and provide power for all its 1.2 billion people, its power minister said on Thursday. Piyush Goyal said the bulk of the investment wou

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$250bn ‘needed to tackle energy crunch’ in India

India needs to invest $250 billion over the next five years to tackle chronic energy shortages and provide power for all its 1.2 billion people, its power minister said on Thursday. Piyush Goyal said the bulk of the investment wou

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Bahrain business leaders urged to invest in India

Bahrain and GCC business leaders were urged to invest in the Indian market which is now opening up in different sectors such as construction, infrastructure and offering growth opportunities. That was the message by PineBridge Inv

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BP Egypt to invest $240m in new exploration blocks

BP Egypt has won two new exploration blocks as a result of the 2013 EGAS bid round, where the company and its partners have committed to invest a total of $240 million in the blocks over different phases. The Block 3 – North

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