Friday 11 July 2014
 
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Middle East

ME investors buying prime London property

More and more investors from the Middle Eastern region are buying residential properties in prime areas of Central London, according to JLL, a leading real estate investment and advisory firm. International residential developers

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Al Habtoor chief plans to buy prime London hotels

Khalaf Al Habtoor, the chairman of UAE conglomerate Al Habtoor Group, is leading a consortium of Middle Eastern businessmen to buy landmark hotels such as Grosvenor House, Claridges and the Berkeley,  in London, said a report.

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MEA Internet traffic to grow 41pc in 4 years

Global Internet Protocol (IP) traffic is set to increase nearly three-fold over the next four years with the Middle East and Africa (MEA) region spearheading the growth, said a report. According to the latest Cisco Visual Networki

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Tarmac Mideast seals key Etihad Rail contract

Tarmac Middle East, one of the largest and leading suppliers of aggregates and asphalt in the region, has signed a deal with Etihad Rail, the developer and operator of the UAE’s national railway. As per the MoU, Tarmac Middl

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Middle East set for big infrastructure spend

The Middle East capital projects and infrastructure industry is seeing renewed optimism, with 75 per cent of respondents expecting an increase in spending in the coming 12 months, according to a survey. This is largely driven by m

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Key global role for Sharjah Expo chief

Sharjah Expo Centre said its CEO Saif Mohammed Al Midfa has been elected as the first vice-chairman of the Middle East/African chapter of the Global Association of the Exhibition Industry (UFI), Paris. The UFI is the prestigious a

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US to beef up security at EMEA airports

The United States said on Wednesday it would increase security at overseas airports with nonstop flights to the country, and US officials cited concerns al Qaeda operatives in Syria and Yemen were developing bombs that could be smuggled onto pla

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Children’s brand Minti launched in Mideast

Top Australian children designer brand Minti has launched in the Middle East and is being sold exclusively at new kids clothing online boutique Huckleberry Hustler.   Minti features t-shirts, shorts and dresses f

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All in the family for Middle East businesses

More than 80 per cent of family-owned businesses have no term or age limits on board membership and one-third do not evaluate board members' performance, a survey has found. The survey by Deloitte also found that nearly half (

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QInvest named ‘Best Sukuk Structuring House’

QInvest, a leading investment bank in Qatar, has won the ‘Best Sukuk Structuring House in the Middle East’ award at a summit in London.   The awards, which was part of the London Sukuk Summit 2014 hel

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