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Challenges of delivering mega projectsWith 2013 forecasted to be a year of optimism and opportunity for construction in the Middle East, all eyes are back on governments in the region and how they propose to manage their spending, according to a report. In a region where th More… |
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GCC nationals get ‘much support’ from governmentGCC residents feel that they are given generous support by their governments, a ‘Nationalisation in the GCC’ poll conducted by Bayt.com, the region’s number one job site, has revealed. The general perception is t More… |
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GCC projects to hit $1.35 trillion by 2013-endThe GCC projects industry is expected to have another stellar year in 2013 as the value of contracts to be awarded is poised to reach $1.35 trillion by year-end, significantly higher than the $730 billion total last year, said an expert ahead of More… |
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Brazilian pharma exports to GCC up 73pcBrazil exported $7.48 million worth of pharmaceutical products to the GCC in 2012, increasing by over 73 per cent compared to $4.31 million in 2011, according to figures released by the Arab Brazilian Chamber of Commerce (ABCC). S More… |
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GCC banks close dual-currency deal for AsyaA consortium of Gulf-based banks has announced the successful closing of a $230.5 million and a euros 115.3 million syndicated dual-currency Murabaha financing facility for Turkish Bank Asya. More… |
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Renault Mideast Q1 sales up 18pcRenault Middle East has reported sales of 3,847 units for GCC, Iraq and the Levant, marking an increase of 18 per cent during the first quarter (Q1) of the year as against figures for the same period last year. With Iran operation More… |
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Zero tolerance on terror, vows Bahrain KingTerrorists seeking to impose their will on others through violence will not be tolerated, Bahrain’s His Majesty King Hamad has pledged in an interview. Speaking to Harvard University's Nieman Reports, he drew paral More… |
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GGC food consumption ‘to top 3pc growth’Food consumption in the GCC region will expand at a compound annual growth rate of 3.1 per cent, reaching 49.1 million metric tonnes by 2017 in line with the rapidly growing population and increase in foreign tourists, a report said. More… |
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Etisalat wins top regional CSR awardEtisalat, a leading telecom operator in the region, was recently awarded the Best CSR Practices Award during the recent GCC Corporate Social Responsibility Conference held in Abu Dhabi. Amal Al Koos, director, Ayaadi, Corporate So More… |
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In changing region, US committed to GCC military tiesSyria's civil war and Iran's nuclear programme have led to tensions, with Gulf states willing a more assertive US response to bring Iran to heel and force Syrian President Bashar al-Assad from power. Growing US energy i More… |
