Wednesday 23 July 2014
 
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Middle East

Mideast packaging industry to grow 5pc annually

The $4 billion worth flexible packaging industry in Middle East and Africa is forecast to grow five per cent annually and is one of the fastest growing sectors in the manufacturing industry in the region, accordi

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400 experts to discuss GCC banking sector’s IT spend

More than 400 C-level executives, IT experts, retail banking specialists and finance heads are set to attend a leading banking technology summit in Dubai in September.   The

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Ford to launch 25 new vehicles in ME by 2016

Ford Motor Company has announced an aggressive product acceleration in its newest business unit, Middle East & Africa, leveraging the company’s One Ford global portfolio. The company will target opportunities for growth

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2015 Nissan Sunny debuts in Mideast

Nissan has unveiled its 2015 model Sunny in the Middle East, which will be available at all its dealerships across the region from August 1.   The sedan boasts enhanced technology with a new styling taking its cu

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Airbus eyes Mideast order for revamped A330 jet

Airbus expects to win at least one order from the Middle East for a revamped version of its twin-aisle A330 jet before the end of the year, its sales chief said on Thursday.   The planemaker closed the Farnboroug

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Mercedes-Benz unveils new AMG Coupé in Mideast

Mercedes-Benz has unveiled the S 65 AMG Coupé, the new twelve-cylinder top-of-the-range model in the S-Class Coupé series for the Middle East market.   The model features an AMG 6.0-litre V12 bitubo

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614 hotels in pipeline in Mideast/Africa

The Middle East/Africa hotel region has 614 hotels under contract totalling 143,870 rooms, according to the June 2014 STR Global Construction Pipeline Report. The under contract data includes projects in the in-construction, final

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New coasting system to save fuel on Mideast roads

A breakthrough in green automotive engineering allowing motorists to cruise for a third of every journey without using fuel, will soon become as common in cars on Middle East roads, said an industry expert.   The

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ME investors buying prime London property

More and more investors from the Middle Eastern region are buying residential properties in prime areas of Central London, according to JLL, a leading real estate investment and advisory firm. International residential developers

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Al Habtoor chief plans to buy prime London hotels

Khalaf Al Habtoor, the chairman of UAE conglomerate Al Habtoor Group, is leading a consortium of Middle Eastern businessmen to buy landmark hotels such as Grosvenor House, Claridges and the Berkeley,  in London, said a report.

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