Tuesday 2 September 2014
 
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Mideast freight markets grow 9.4pc in July

The Middle Eastern freight markets expanded 9.4 per cent in July, a strong performance despite the impact of Ramadan, said an International Air Transport Association (Iata) data released recently. Regional airlines are capturing g

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UAE’s property valuations market growing

The property valuations market in the UAE is growing along with the real estate sector, according to a leading property expert. Property valuations have been a fair measurement tool that is used to determine the unbiased price of

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Global aluminium firms upbeat on outlook

For the world's hard-pressed aluminium producers the current outlook is the rosiest in many years. Russian giant UC Rusal, for example, has just returned to profit for the first time in five consecutive quarters.

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As aluminium market shifts to deficit, all eyes on China

For the world's hard-pressed aluminium producers the current outlook is the rosiest in many years. Russian giant UC Rusal, for example, has just returned to profit for the first time in five consecutive quarters.

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Industrial services revenue to hit $818m

The industrial services market has earned revenues of $549.3 million in 2013 and is estimated to reach $818.5 million in 2018, at a growth rate of 8.3 per cent per annum, according to a recent analysis. The new analysis from Frost

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Taysir, NileIT in mobile payment solutions deal

Taysir Holding and NileIT have signed a deal to offer mobile payment solutions within Egypt and various foreign markets. The strategic partnership will support Taysir Holding’s mission o introduce the Mobile Payment Solution

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Toyota gains up 4pc, US market drives profits

Toyota Motor’s reliance on the US market to drive record profits is deepening this year, its latest outlook showed, with strong sales of refurbished SUVs and Camry sedans expected to offset weakness in Thailand and other emerging markets.

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Turkish property market sees 60pc sales rise

The Turkish property market recorded a 60 per cent increase in year-on-year sales to foreigners in Turkey during the first six months of the year, totalling to more than 8,500 property purchases, said a report. Istanbul alone recorded a

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Hotel occupancy rises to 64.6pc in H1

The Middle East and Africa region has reported a one per cent increase in hotel room occupancy to 64.6pc in the first half of the year, according to an STR Global report. The June results pointed out that the average daily rate (ADR) in

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Asry's rig division eyes opportunities

Ship and rig repair yard Asry's offshore rig repair division is preparing for a possible market surge, chief executive Nils Kristian Berge has said.   He highlighted the

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