Sunday 19 February 2017
 
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DII invests $300m in key projects

Dubai Investments Industries (DII), a subsidiary of Dubai Investments and focused on investments in established as well as greenfield projects, has concluded investments in projects worth Dh1.1 billion ($299.48 million) across diversified sector

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Cargill plans investment in Egypt development projects

US-based Cargill, a leading provider of food and industrial products, plans to invest in major development projects in Egypt, said a report. The US company is presently working on a major grain storage project in the Egyptian port

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Cargill plans investment in Egypt development projects

US-based Cargill, a leading provider of food and industrial products, plans to invest in major development projects in Egypt, said a report. The US company is presently working on a major grain storage project in the Egyptian port

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KAEC inks $426m project contracts in 2016

King Abdullah Economic City (KAEC), the world’s largest privately-funded new city, said it had awarded contracts worth SR1.6 billion ($426 million) for its upcoming residential and industrial development projects in 2016. Lo

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Nakheel posts record $1.35bn net profit

UAE-based Nakheel, one of the world’s leading developers, has announced a record net profit of Dh4.96 billion ($1.35 billion) for 2016 - the highest in the company’s history - up 13 per cent over Dh4.38 billion ($1.19 billion) the pr

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Advanced building tech 'vital for Saudi 2030 projects'

Advanced construction technology will be vital for delivering Saudi Vision 2030 mega-projects on time and on budget, said experts ahead of The Big 5 Saudi Arabia, a premier construction exhibition in the kingdom. The technology, s

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Deyaar's 2016 net profit down 25.7pc

Deyaar Development, one of Dubai’s leading property developers and real estate service providers, has reported a net profit of Dh216.1 million ($58.8 million) for 2016, registering a 25.7 per cent drop from Dh291.4 million

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$266m infrastructure projects under way in Saudi Arabia

The Saudi government is working on infrastructure development projects worth nearly SR1 billion ($266 million) in Thadiq and Huraymila areas of the kingdom, said a report. The projects in Thadiq are worth SR590 million, while thos

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Clifford Chance ME team puts focus on Africa projects

Clifford Chance, a leading international law firm, is responding to demand for more Africa-focused expertise from clients in the Middle East by strengthening its regional presence. Edmund ‎Boyo, the head of Clifford Chance'

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Saudi developer Cayan surges ahead with $1.46bn projects

Cayan Group, a leading Saudi-based property developer and real estate investment group, said it has achieved remarkable success in 2016 with the launch of SR5.5 billion ($1.46 billion) projects across the Middle East region. Cayan

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