Sunday 31 July 2016
 
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investment

Strategic investments 'key for oil sector growth'

Making strategic long-term investments, and pooling knowledge and resources from within the oil and gas industry is central to energy sector progress, said senior officials and world representatives at a recent gathering in Abu Dhabi.

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Dubai real estate market draws $15.5bn in H1

Investors, mainly Arab and foreign nationals, poured Dh57 billion ($15.51 billion) into Dubai’s real estate market in the first half of 2016, according to the Dubai Land Department's (DLD) transactions report. As many as

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Polish firms plan Suez Economic Zone investment

A consortium from Poland is planning on establishing an industrial area at the Suez Canal Economic Zone (SCZone) in Egypt, said a report. The representatives of the consortium will be choosing between Ain Sokhna and East Port Said

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Abu Dhabi fund vows to remain long-term investor

Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, said on Wednesday it would remain a patient, long-term investor despite a drop in its returns last year due to slowing global growth. In

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Turkey coup impact limited but instability fear remains

Turkey's failed military coup may prompt some flight to safe-haven assets on Monday but there will only be a more serious longer-term impact for investors if instability persists in the strategically important emerging market.

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Ascott-Qatar fund JV buys Australian aparthotel

Leading serviced residence owner-operator The Ascott is acquiring its first serviced residence in Docklands, Melbourne through a 50:50 joint venture with Qatar Investment Authority (QIA). The A$71 million deal is part of its A$500

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Falih says oil price above $50 needed for investment

The oil industry needs a price of more than $50 per barrel to sustain investments, Saudi energy minister Khalid Al Falih told a German newspaper while adding that downward pressure on prices would prevail because of a huge stocks overhang.

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Sahara sells 3 hotel stakes to Qatar Investment for $1.6bn

Qatar Investment Authority has agreed to buy Indian diversified group Sahara's stake in three overseas hotels for a whopping $1.6 billion, said a report. According to a report on CNBC-TV18, the agreement to buy stakes in Grosv

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Jaguar committed to investment decisions after Brexit

Indian automaker Tata Motors Ltd's British luxury arm Jaguar Land Rover will remain committed to all its manufacturing sites and investment decisions, a company spokeswoman said in a statement on Friday. Earlier on Friday Brit

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Jaguar committed to investment decisions after Brexit

Indian automaker Tata Motors Ltd's British luxury arm Jaguar Land Rover will remain committed to all its manufacturing sites and investment decisions, a company spokeswoman said in a statement on Friday. Earlier on Friday Brit

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