Friday 4 September 2015
 
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Saudi tops GCC in key factory investments

Saudi Arabia ranks first in GCC in terms of size of manufacturing investments, showed a Gulf Organisation for Industrial Consulting (GOIC) report. The country’s share was 55.3 per cent, with Qatar in the second place at 21.7 per cent and t

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Saudi tops GCC in key factory investments

Saudi Arabia ranks first in GCC in terms of size of manufacturing investments, showed a Gulf Organisation for Industrial Consulting (GOIC) report. The country’s share was 55.3 per cent, with Qatar in the second place at 21.7 per cent and t

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Iran to use frozen funds for domestic investments

Iran will use funds unfrozen by its nuclear deal with world powers mainly to finance domestic investments, keeping the money abroad until it is needed, Iranian deputy central bank governor Akbar Komijani said on Thursday. "Th

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Iran ‘on track to see big investments’

Iran is on course to change significantly over the next decade, with or without a deal, the country is set to witness its greatest upside via opening up to investment, a report said. Iran will see the most bullish sentiment will b

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Iran ‘on track to see big investments’

Iran is on course to change significantly over the next decade, with or without a deal, the country is set to witness its greatest upside via opening up to investment, a report said. Iran will see the most bullish sentiment will b

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Videocon plans $2.5bn Brazil energy investments

Videocon Industries plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group's chief said, as part of its strategy to boost the business. "B

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DI backs social initiatives during Ramadan

Dubai Investments (DI), a leading investment company listed on the Dubai Financial Market [DFM], has reinforced its commitment to help the lesser privileged sections of the community by supporting a number of social initiatives during Ramadan.

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Apicorp inks $950m Islamic loan to fund investments

Arab Petroleum Investments Corporation (Apicorp) has signed a two-part sharia-compliant facility worth $950 million that it will use to finance investments in regional energy projects, it said in a statement on Sunday. The bulk of

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Egypt lines up $6.8bn of Kuwaiti investment for petchem projects

Egypt has agreed preliminary deals with Kuwaiti companies for the establishment of petrochemical projects worth $6.8 billion, the government said.   Prime Minister Ibrahim Mahlab signed memorandums of understandi

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Oman industrial estate investments hit $4.53bn

Investments in Sohar Industrial Estate currently stand at RO1.75 billion ($4.53 billion) and is expected to increase further in the coming years, said an official. The amount of investment depends on the demand and may vary year a

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