Friday 25 April 2014
 
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5 SKorea firms win $7.2bn Kuwait refinery orders

Five South Korean companies have won a combined $7.2 billion in orders from Kuwait National Petroleum Company to expand capacity and improve environmental standards at two oil refineries.   The contracts, which s

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30 French firms to take part in Qatar trade show

More than 30 French companies are set to showcase technology and innovation for the construction sector at a trade show in Qatar next month.   Project Qatar, the 11th international construction technology and bui

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2,000 companies join Tecom’s media cluster

As many as 2,000 business partners are now based in the Tecom Media Cluster, which includes Dubai Media City, Dubai Studio City and International Media Production Zone, said a report.   The media cluster welcomed

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Tecom units welcome 181 new companies

Dubai Internet City, an ICT cluster, and the Dubai Outsource Zone, a freezone dedicated to the outsourcing industry, have welcomed 181 new companies last year.   DIC and DOZ are a part of Tecom Investments and ar

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Saudi listed firms' profit up 7pc

Saudi Arabia’s listed companies recorded a profit increase of seven per cent to hit SR103 billion ($27.5 billion) last year, as compared to SR96.6 billion in 2012, said a report. The kingdom’s telecom sector took over

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Training firms eyeing $1.7trn GCC market

The GCC region is now under the spotlight of international training companies due to its growing market, which is estimated at $1.7 trillion, an industry insider has said. According to Leaders Institute for Training and Developmen

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DFM reports 100pc disclosure of Q2 results

Dubai Financial Market (DFM) has revealed that its listed local public joint stock companies have recorded a 100 per cent compliance regarding the disclosure of Q2-2013 results within the deadline of 45 days from the end of the period.

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Bahrain law on annual leave may be challenged

  Bahrain's new Labour law governing annual leave for employees is allegedly costing companies millions of dinars and businessmen claim leave costs have doubled since the new regulations came into force last September, a repo

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Jobs for locals: 48pc of Saudi firms in 'red zone'

  About 48 per cent of Saudi companies are yet to reach targets set for Saudization of jobs under the Nitaqat system, a report said.   As many as 120,599 firms,  out of the 248,828 in the kingd

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Companies 'must embrace intellectual property'

The companies today are creating value by shifting from a commodities economy to a knowledge-based sector that focuses on intangible assets and output in business in addition to embracing intellectual property (IP), said an expert. The app

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