Wednesday 30 July 2014
 
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Private sector to 'boost opportunities for power deals'

The increasing role of the private sector in both power generation and water could boost opportunities for large-scale transactions in Mena in the future, according to an EY report.   The leading professional ser

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DIP transfer, sub-leasing transactions surge 50pc

Dubai Investments Park, the largest integrated commercial, industrial and residential community in the Middle East, said the number of transactions for transfer and sub-leasing within the development have surged by more than 50 per cent in the

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Qatar property transaction up 35.2pc

Qatar's property transaction value jumped 35.2 per cent to QR11.9 billion ($3.1 billion) in the first quarter, compared to QR8.8 billion during the same period last year, said a report.   The country’s

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ME oil, gas transaction value up 15pc

The value of oil and gas transactions in the Middle East region surged to $3.1 billion in 2013, up 15 per cent when compared to $2.7 billion the previous year led by major upstream players UAE, Oman and Iraq, said a report. The co

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Dubai to double real estate transaction fee

  The emirate of Dubai will double the registration fee charged on real estate transactions in an effort to prevent excessive speculation in its property market, a top official said on Thursday.  

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Dubai eGov seals ePay deal with DTCM

Dubai eGovernment said it has signed a new joint agreement for ePay with the Department of Tourism and Commerce Marketing (DTCM) for settling the fees of the tourism sector. The move comes as part of Dubai eGovernment's effort

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MasterCard in payment network expansion

MasterCard, a global payments and technology company, has collaborated with region’s leading acquirer Network International to enhance the acceptance infrastructure of its contactless payment solutions in the UAE. This will

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Qatari group seals $1bn mall project finance deal

Bawabat Al Shamal Real Estate Company (Basrec), a JV between Al-Futtaim Real Estate, Qatar Islamic Bank and Aqar Real Estate Development And Investment, has inked a QR3.7 billion ($1.01 billion) syndicated facility to fund the development of 

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Alpen Capital advises on key M&A deal

Alpen Capital Qatar together with The First Investor had advised on a complicated merger and acquistion transaction involving leading construction group Bin Omran Trading & Contracting Company (BOTC). The duo said the deal involved str

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Norton key advisor in DIFC property deal

International legal practice Norton Rose (Middle East) said it had advised Legatum Group via its subsidiary Tholos Realty Limited for the acquisition of Precinct Building 6 in Dubai International Financial Centre (DIFC). The 128,000 sq ft

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