Tuesday 2 September 2014
 
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growth

GCC sukuk industry shows massive growth potential

The Sukuk industry in the Gulf Co-operation Council (GCC) region is set to be one of the fastest growing segments of the Islamic finance industry with huge growth potential, particularly in Dubai, UAE, said a report. The Dubai Cha

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Abu Dhabi hotel guest numbers up 26pc

Abu Dhabi achieved a 26 per cent growth in hotel guest arrivals in July as compared to the same period last year, with hotel revenues reaching Dh317 million ($85.7 million). Food and beverage revenues accounted for Dh126.416 million ($3

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Sohar cargo ops to boost Oman growth

The transfer of most commercial cargo activities from Muscat port to Sohar, is critical to boosting tourism and future industrial development in Oman, according to leading international real estate consultancy Cluttons. The Oman g

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Indian economy grows 5.7pc in Q1

India said its economy grew by 5.7 per cent in the first financial quarter, its fastest pace in more than two years, as the election of a new right-wing government spurred business confidence. The strong expansion in the three mon

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US economy rebounds as demand drives growth

The US economy rebounded more strongly than initially thought in the second quarter with more of the growth being driven by domestic demand and less by restocking by businesses. Gross domestic product (GDP) expanded at a 4.2 per c

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Global renewable energy expansion to slow to 2020: IEA

Last year power capacity from sources such as wind, solar or hydro expanded at its fastest pace to date, putting renewables on a par with natural gas at almost 22 per cent of global electricity generation.   Howe

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Emirates Transport posts $408m revenues

Emirates General Transport and Services Corporation has recorded a Dh1.5 billion ($408.3 million) in total revenues last year, maintaining an annual growth rate of 18 per cent over the part five years, said a report. The company h

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DI units ride high on Mideast construction boom

Dubai Investments (DI) has clinched significant orders and projects for 18 of its subsidiaries involved in the manufacturing of building materials and construction products. A leading investment company listed on the Dubai Financi

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DI units ride high on Mideast construction boom

Dubai Investments (DI) has clinched significant orders and projects for 18 of its subsidiaries involved in the manufacturing of building materials and construction products. A leading investment company listed on the Dubai Financi

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Qatar tyre market to grow at 6pc

The tyre market in Qatar is forecast to grow at a compound annual growth rate (Cagr) of about 6 per cent during 2014-19, according to a recently released TechSci research report "Qatar Tyre Market Forecast & Opportunities, 2019''

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