Tuesday 25 July 2017
 
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Dentons advises OETC on $500m notes issue

Dentons, a leading global law firm, has advised Oman Electricity Transmission Company (OETC) on the issuance by OmGrid Funding Limited of $500 million guaranteed notes, guaranteed by OETC. OETC is a member of Nama Group and is the

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Dubai to host top halal industry expo

The Halal Expo Dubai, scheduled to be held in September, will strengthen and develop the halal industry in the Arab region and beyond, according to the organisers of the event. The event will take place on September 18 and 19, in

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Iraq Container Terminal receives its largest vessel

Gulftainer’s Iraq Container Terminal (ICT) facility recently received the largest container vessel to call at Iraqi ports to date. The vessel, YM Wealth, is deployed by Taiwan-based shipping line Yang Ming Marine Transport C

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Meethaq to provide Islamic finance to OMPC

Oman-based Meethaq, the Islamic banking unit of Bank Muscat, recently signed an agreement to provide Islamic finance to the Oman Munition Production Company (OMPC) set up by the Ministry of Defence, said a report. Mohammed bin Nas

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Iran planning major petchem contracts with Total, Shell

Iran is preparing contracts with French Total and Royal Dutch Shell to implement petrochemical projects, a senior Iranian official said in a report. The parties are negotiating the final issues for the contracts, Marzieh Shahdaei,

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PharmaPlast plans new factory in Egypt

Egypt-based PharmaPlast, a pharmaceutical company operating in Alexandria’s general free zone, recently announced its plans to establish a new factory in the Industrial Borg El-Arab City in 2018, said a report. The company b

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New Pathfinder in Kuwait

Abdulmohsen Abdulaziz Al-Babtain Co, the sole authorised dealer of Nissan in Kuwait, recently launched the new 2018 Nissan Pathfinder in Kuwait. The new Pathfinder has more adventure capability, a freshened exterior look and enhanced safety and

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Qurain Petrochemical net profit up 24pc in Q1

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has reported a net profit of KD6.17 million ($20.23 million) for the first quarter of 2017-18, representing a 24 per cent increase over the same period last year (KD4.98 million).

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Qurain Petrochemical net profit up 24pc in Q1

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has reported a net profit of KD6.17 million ($20.23 million) for the first quarter of 2017-18, representing a 24 per cent increase over the same period last year (KD4.98 million).

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Alba launches summer safety campaign

Aluminium Bahrain (Alba), the Bahrain-based international aluminium smelter, has launched its Summer Safety Challenge campaign. Aimed at raising safety awareness during summer, the campaign unveiled three areas of focus: stop lost

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