Saturday 5 September 2015
 
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Ferris

Meraas eyes $234m loan for Ferris wheel scheme

Meraas Holding, a Dubai state-owned property firm, is seeking a Dh860 million ($234 million) loan to fund the development of retail space around what will be the world's largest Ferris wheel, two banking sources aware of the matter said.

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Bahrain 'hub for public administration'

The government sector in Bahrain is administratively successful and is now qualified to be a Middle East hub for public administration, said an expert. "The government sector does not suffer from any administrative problems,&

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Singapore to open largest Ferris wheel in March

Singapore is set to open the world's largest Ferris wheel in March next year, as part a drive to attract more tourists. At 165 metres (about 541 feet) high, the Singapore Flyer will trump the 160-metre Star of Nanchang in Jiangxi, China an

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