Thursday 31 July 2014
 
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Private

UAE, Egypt top private equity investments in Mena

The UAE and Egypt led the number of investments in the Mena region last year with 20 per cent each, followed by Lebanon with 18 per cent, according to a recent report.   The ‘Mena Private Equity and Venture

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Private sector to 'boost opportunities for power deals'

The increasing role of the private sector in both power generation and water could boost opportunities for large-scale transactions in Mena in the future, according to an EY report.   The leading professional ser

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Bahrain hospital blames unpaid bills in wages row

A private hospital in Bahrain has blamed non-payment of medical bills by patients for delays in paying its own staff.   The cash crunch at the International Hospital of Bahrain (IHB) has resulted in 23 doctors an

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Saudi firms ‘must provide medical cover for expats’

Saudi Arabia’s Co-operative Health Insurance Council has urged all private businesses to provide compulsory medical insurance for expatriate employees and their families, said a report.   The employment con

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Major housing project to be launched in Bahrain

A major housing project in partnership with the private sector is to be announced soon in Bahrain.   It is part of a mega project including the construction of four new cities at a time to fulfill housing needs a

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Bahrain hails role of private sector

Bahrain's Premier has commended the pivotal role of the private sector as an essential partner and key pillar of government-led economic development.   His Royal Highness Prime Minister Prince Khalifa bin Sal

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Saudi govt doctors working in private clinics warned

Saudi Arabian authorities have issued an official notice to private hospitals and medical centres not to recruit doctors and health practitioners working with the government, said a report.   The directives also

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'Healthy' role for private sector needed

GCC governments should provide a new framework that enables increased private sector participation  in the healthcare system, thereby improving the access and quality of healthcare delivery in the region, a study said. Deloit

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Oman to limit expat work force to 33pc

Oman is set to limit the proportion of expatriates working in the private sector from 39 to 33 per cent, said a report. The initiative comes as part of an effort to increase the percentage of national manpower in the private secto

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Bahrain private sector pension hike proposed

Retirees from Bahrain's private sector could receive an annual three per cent increase in their pensions if a parliamentary proposal is implemented. If approved by the Cabinet, it will bring them in line with government sector

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