Friday 29 March 2024
 
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GHC

GAC husbandry centre now open 24/7

Global shipping, logistics and marine services provider GAC’s Global Husbandry Centre (GHC) said it is now operating 24 hours a day, seven days a week – in response to the growing demand from its shipping principals. T

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GHC signs up Cowi for $700m Villamar project

Gulf Holding Company (GHC) has appointed Danish engineering consultancy firm Cowi to provide consultancy services for the construction work related to its $700-million integrated residential and commercial complex Villamar at the Harbor project

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Villamar restructuring deal signed; work restarts

Gulf Holding Company (GHC), developer of the Villamar project in Bahrain, has signed restructuring agreements with support from Al Rajhi Bank (original majority financiers of the project), GFH (the project’s new financiers) and Al Hamad Co

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New lifeline for stalled projects in Bahrain

Stalled residential projects that have blighted Bahrain's landscape for years will be given fresh impetus under new government plans. Leading the charge is the multimillion-dinar Villamar development, first announced by the Ku

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GHC posts $408 million profit

Abu Dhabi-based General Holding Corporation (GHC) has reported a net profit of Dh1.5 billion ($408.6 million) for 2011, compared to Dh1.3 billion in 2010. Revenues rose to Dh11.5 billion in 2011 from Dh9.9 billion the year before.

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Gulf Holding appoints new GM

Bahrain-based Gulf Holding Company (GHC) has appointed Matthew Austin as the general manager of the company and its subsidiaries in a move aimed to push forward stalled projects. GHC is a Sharia-compliant development company that offers re

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Abu Dhabi firm eyes $4bn investments

Abu Dhabi government-owned General Holding Corporation (GHC) plans to invest up to 15 billion dirhams ($4 billion) in the metals and petrochemicals sector over five years as part of a diversification push, a top official said on Wednesday. &n

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Bahrain plans hotel at $450m location

Bahrain’s councillors have given a conditional go-ahead to build a four or five-star hotel at the BD170 million ($450 million) Villamar development in the Bahrain Financial Harbour. However, Kuwait-based real estate developers Gulf Holding

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GHC secures $2.2bn funding for Emirates Steel

Emirates Steel, the largest integrated steel producer in the UAE, and its ultimate parent company, General Holding Corporation (GHC), have secured a $2.2 billion financing to cover the expansion projects of Emirates Steel. GHC, an Abu Dhab

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Abu Dhabi revamps industrial investment unit

Abu Dhabi has reshuffled the board of its industrial investment arm General Holding Corporation (GHC), naming Hussain al-Nowais as chairman, the state news agency WAM said. Nowais, who was GHC's vice chairman earlier, told Reuters in M

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