Wednesday 4 March 2015
 
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Seera successfully exits UK financing transaction

Seera Investment Bank, a Bahrain-based Islamic investment bank, has successfully exited a Sharia-compliant financing transaction to develop a student accommodation property in London, UK. The financing generated a total return on

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Seera successfully exits UK financing transaction

Seera Investment Bank, a Bahrain-based Islamic investment bank, has successfully exited a Sharia-compliant financing transaction to develop a student accommodation property in London, UK. The financing generated a total return on

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DP World London to open third berth in UK

DP World London Gateway has planned to move forward with a third berth at the UK’s new deep-sea hub port, located 25 miles from central London. Patrick McLoughlin, the secretary of state for transport, visited the state-of-t

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GIB appoints managing director, chief for UK unit

Bahrain-based Gulf International Bank (GIB) has appointed Mark Watts, as managing director and chief executive of Gulf International Bank UK (GIB UK). The appointment is part of GIB's committed focus on expanding its asset man

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New company set to take over Bahrain’s bus service

A new company will take over operation of Bahrain’s national bus service on February 15, it was revealed yesterday (February 2). The joint venture between the UK's National Express and Ahmed Mansour Al Aali is replacing

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British luxury liner calls at Zayed Port

Abu Dhabi Ports welcomed “Queen Mary 2”, the world famous flagship of the British-based shipping company Cunard Line, on January 31 at Zayed Port. The luxury cruise liner stayed a full day in the UAE capital, giving passenge

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UK may set deadline on insurance claims

Britain's markets watchdog will consider imposing a deadline on customers claiming compensation for the mis-selling of loan insurance, potentially drawing a line under the country's costliest consumer finance scandal. The

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Oman terminates UK firm's $310m airport contract

British defence contractor Ultra Electronics Holdings said its Oman airport IT contract had been terminated and there would be a likely provision against the contract balances in its 2014 results. It would start discussions with t

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Oman terminates UK firm's $310m airport contract

British defence contractor Ultra Electronics Holdings said its Oman airport IT contract had been terminated and there would be a likely provision against the contract balances in its 2014 results. It would start discussions with t

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Hutchison to buy Telefonica UK unit for $15.4bn

Li Ka-shing's Hutchison Whampoa has agreed to buy Telefonica's British mobile unit O2 for up to £10.25 billion ($15.4 billion), hastening the consolidation of Britain's telecoms industry. Hutchison already operat

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