Tuesday 31 March 2015
 
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consortium

VW explores LeasePlan sale as part of cost cutting drive

Volkswagen is in talks to sell a 50 per cent stake in financing arm LeasePlan to a consortium including the Abu Dhabi Investment Authority, a source familiar with the plan said, as the carmaker cuts costs and refocuses its business.

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5-member consortium wins systems deal for Doha Metro

A five-member consortium has received a ‘Letter of Conditional Acceptance’ from the Qatar Railways Company for a systems package of the Doha Metro, the first metro system to be constructed in Qatar. The consortium cons

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Hyundai-led consortium bids lowest for Kuwait’s Al Zour

South Korea's Hyundai Engineering Company-led consortium has bid the lowest at $1.54 billion (KD454.2 million) for the fifth package of the multi-million-dollar 615,000 barrels per day (bpd) Al Zour oil refinery in Kuwait, according to a rep

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Hyundai-led consortium bids lowest for Kuwait’s Al Zour

South Korea's Hyundai Engineering Company-led consortium has bid the lowest at $1.54 billion (KD454.2 million) for the fifth package of the multi-million-dollar 615,000 barrels per day (bpd) Al Zour oil refinery in Kuwait, according to a rep

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Tech giants plan interconnect consortium

Technology industry leaders Dell, Intel, Atmel, Broadcom, Samsung Electronics and Wind River, are joining forces to establish a new industry consortium focused on improving interoperability and defining the connectivity requirements for the bill

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Retail leadership to help Axiom MVNO

The Axiom Mobile Consortium’s MVNO strategy is set to benefit from its retail influence, loyal Arab customer base and industry-leading smartphone credentials. The consortium was recently qualified by the Saudi Communication

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Salini Impregilo team wins $1.3bn contract in Libya

A consortium led by Salini Impregilo Group has won a 963 million euro ($1.29 billion) contract to build part of a new coastal highway in Libya, in a sign of a rapidly growing order book for the soon-to-be merged group.   Impre

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Group eyes Al Noor Medical IPO

  The private equity consortium which owns half of Abu Dhabi healthcare provider Al Noor Medical is reviving plans to sell its stake through a stock market listing in 2013, four sources aware of the matter said. &nbs

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Iran to sell oil via consortium, evade ban

Iran has reached agreements with European refiners to sell some of its oil through a private consortium, an official said on Saturday, a move designed to circumvent sanctions intended to put pressure on Tehran to halt its disputed nuclear programm

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EFG Hermes' takeover bid stalls

An attempt by a group of Egyptian and Gulf investors to buy the Middle East's biggest home-grown investment bank EFG Hermes has stalled after the consortium failed to secure enough EFG shares to challenge management. Planet IB made its

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