Friday 31 July 2015
 
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New investors sought for Muharraq development

New investors will be roped in for a multi-million-dinar Bahrain project on the coast of Muharraq, after the original developers walked out. Plans for Al Ghous Corniche, which were initially spearheaded by a consortium of Turkish,

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Foreign investors buy more shares in Saudi

Foreign investors bought 2.33 per cent of all shares purchased on Saudi Arabia's stock market in June, the first month since new rules allowed more overseas investment in the Arab world's largest bourse, data showed on Thursday.

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ADIB investors back rights issue, sukuk plans

Shareholders of Abu Dhabi Islamic Bank (ADIB) have approved plans to raise Dh504 million ($137.22 million) of share capital through a rights issue, it said in a statement. The timing of the share issue, which will see shareholders

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ME investors eye Canadian food company stake

A consortium of investors from the Middle East region is set to acquire a majority stake in La Maison Cannelle, a leading specialised food producer in the health and wellness food segment based in Quebec, Canada. Headquartered in

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Chestertons to help UAE investors to invest in EU

Chestertons, a leading international real estate, said it has created a new international properties’ unit that will focus on EU-based properties for UAE investors. A multi-disciplinary property business covering residential

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RAK Free Trade Zone woos Chinese investors

A high-level delegation from Ras Al Khaimah Free Trade Zone (RAK FTZ) was in China last week to share the advantages and benefits of setting up and expanding businesses at the UAE free zone with the local investors. Sheikh Ahmad B

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RAK Free Trade Zone woos Chinese investors

A high-level delegation from Ras Al Khaimah Free Trade Zone (RAK FTZ) was in China last week to share the advantages and benefits of setting up and expanding businesses at the UAE free zone with the local investors. Sheikh Ahmad B

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Global investors eye booming MEA hotel market

The international investor's appetite for the hotel sector in Middle East and Africa (MEA) remains strong with Dubai dominating the market thanks to its ease of access, quality hospitality offering, modern infrastructure, leisure and enterta

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Saudi to lure investors with big infrastructure projects

Saudi Arabia is working on a new investment policy that will see bidders who supply for government projects being encouraged to set up manufacturing facilities across the country, said a senior economic official. The kingdom is spending

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Gulf economies can cope with escalating Yemen conflict

Economies and markets in the wealthy Gulf oil exporters barely blinked when Islamist militants overran parts of neighbouring Iraq last year, and they look likely to ride out escalating conflict in Yemen with similar ease. Air stri

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