Sunday 31 July 2016
 
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investors

Aramex founder 'sells stake to Alabbar, others'

Aramex founder and vice-chairman Fadi Ghandour sold his entire 9.9 per cent stake in the logistics company to Gulf investors including Emaar Properties chairman Mohamed Alabbar, a report said. The purchase was made through Alabbar

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S Korean investors eye opportunities in Iran

Iran has revealed that South Korean investors plan to invest in the country’s oil terminals, solar power plants, synthetic cycle power plants and port facilities in the Hormuzgan Province. Investors will extend $96 million t

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Oil investors may get another shot at cheap barrels

Oil investors who missed the chance to buy crude at multi-year lows earlier this year might get another shot at securing a bargain, as prices are likely to slip in the near term before recovering more steadily, analysts said. &nbs

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KAEC sets up new real estate services unit

King Abdullah Economic City (KAEC), a special economic zone in Saudi Arabia, has announced the establishment of a new “Select Real Estate Services” department. The new unit is a specialist in providing resale and renta

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Gold races to 2-year high as investors seek refuge from Brexit

Gold soared as much as 8 per cent to its highest in more than two years on Friday after Britain delivered a shock vote to leave the European Union, leaving investors to scurry for protection in the precious metal and other assets perceived as le

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Investors hide in German debt as Brexit rocks euro zone

Investors ran for the safety of top-rated German debt and ditched bonds in riskier southern Europe as Britain's vote to leave the European Union created the biggest shock to the euro zone's markets since its 2012 crisis. &

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Oil rises as investors await Brexit vote

Oil prices edged higher on Thursday, shrugging off a smaller than expected draw on U.S. crude stocks as money and equity markets firmed on the last sweep of opinion polls showing Britons favoured to remain in the European Union (EU).

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Japan, S Korea in talks with Iran for petchem projects

Iran's Petrochemical Commercial Company International (PCCI) is holding discussions with investors from Japan and South Korea for investing €520 million ($591.01 million) in petrochemical projects in the country, said a report.

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Japan, S Korea in talks with Iran for petchem projects

Iran's Petrochemical Commercial Company International (PCCI) is holding discussions with investors from Japan and South Korea for investing €520 million ($591.01 million) in petrochemical projects in the country, said a report.

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Italian investors aim to expand relations with Iran

A group of Italian bankers, investors and entrepreneurs plans to invest and broaden its cooperation with Iran in economic and trade fields, said a report. The offer was made at a conference themed Joint Trade and Investment Ventur

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