Sunday 23 November 2014
 
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investment

ICT Fund invests $435m in projects in the UAE

The Information and Communication Technology (ICT) Fund, which works under UAE’s Telecom Regulatory Authority (TRA), has invested more than Dh1.6 billion ($435.5 million) in the last six years in the ICT sector, according to a report.

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Qatar plans major investment in UK rail

Qatar plans to invest heavily in the infrastructure projects around the north of England, including the new HS2 high-speed rail line, said a report. Qatar's Emir Sheikh Tamim bin Hamad Al Thani last month visited the UK and told the

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GFH unveils new identity in major push for growth

Gulf Finance House (GFH) is implementing major changes to its business strategy as it turns from being an investment bank to a financial group. "To reflect this strategy, we changed the brand, the logo and the colours to be i

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PineBridge appoints new chief financial officer

Bahrain-based PineBridge Investments Middle East, a global multi-asset class investment manager, has appointed John Hopley as chief financial officer. Hopley brings more than 20 years of corporate finance experience in the Middle

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Bahrain summit focus on healthcare investment

The Arab-Asia Business Partnership Summit 2014 in Bahrain will explore investment opportunities in the healthcare sector under the theme 'Reinventing Regional Markets'. The summit, representing an exhibition and a conferen

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Kuwait plans to spend $40bn to boost oil output to 4 mbpd by 2020

Kuwait plans to invest around $40 billion to boost its oil production capacity to 4 million barrels per day (bpd) by 2020, an executive from Kuwait's state oil company (KOC) said.   The Opec state has a crude

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Adco to invest up to $7bn to raise output

Abu Dhabi Company for Onshore Oil Operations (Adco) plans to invest between $5 billion and $7 billion in the next three years to raise output by 12.5 per cent, its chief executive said.   The state-owned crude oi

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Qatar’s investment programme sustainable at lower oil prices

Qatar’s large infrastructure investment program would be sustainable, even if oil prices fell considerably further, said a report. Brent crude oil prices have dropped from a peak of $115/barrel in June 2014 to about $82 curr

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Kingdom Holding Q3 net profit rises 20.5pc

Saudi Arabia's Kingdom Holding , the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 20.5 per cent rise in third-quarter net profit on Thursday, on the back of higher investment profits. Kingdom made a

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Collectibles investment ‘can better normal assets’

Collectable investments of passion can still outperform more mainstream asset classes, according to the latest results from the Knight Frank Luxury Investment Index (KFLII), which rose by six per cent over the 12 months to June. T

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