Tuesday 4 August 2015
 
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Projects

Oman’s Majan signs nine deals worth $18m

Oman’s Majan Electricity Company, part of Nama Group, recently signed nine agreements for different projects worth more than RO7 million ($18.1 million). The projects include establishing a new station, the expansion of exis

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Dubai home sales plunge; prices down

Dubai home sales shrank by about two-thirds in the first half of 2015, and prices also slipped, with further declines expected over the rest of the year, property consultants JLL said in a report on Wednesday. The real estate sect

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Infosys business revamp bolsters profit

Indian IT services provider Infosys said a business revamp initiated by its first non-founder boss helped it win more large deals in the first quarter, fuelling a five per cent rise in net profit. Shares of Infosys surged 11 per c

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Qatar forum to highlight top transport plans, projects

Qatar’s Ministry of Transport is set to highlight plans, initiatives and projects such as the Hamad Port, Civil Aviation Authority, Qatar Ports, Karwa, Civil Aviation College and Qatar Rail at a forum in September. The Qatar

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Aldar sales hit $517m on new projects

Aldar Properties, Abu Dhabi's largest listed developer, said on Tuesday it had generated sales worth Dh1.9 billion ($517.3 million) in the first half of the year across three new developments in the UAE emirate. The sales cons

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Bibby Offshore delivers subsea projects to Asia Pacific

Bibby Offshore’s Asian division Bibby Offshore Singapore (BOS) has expanded its foothold in the Southeast Asian oil and gas sector by securing multimillion dollars worth of contracts in the first half of the year. Drawing on

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Dubai municipality working on $473m projects

Dubai Municipality is currently working on 23 main projects worth around Dh1.74 billion ($473 million) including a fish market, Dubai Safari and the Thuraya astronomical observatory, said a report, citing a topp official.   Th

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Kuwait non-oil growth steady at 5pc

Kuwait’s non-oil growth will maintain a steady 5 per cent in 2015 and 2016 as project implementation improves, a report said. Kuwait’s economic growth is set to maintain a healthy pace despite last year’s collaps

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Kuwait non-oil growth steady at 5pc

Kuwait’s non-oil growth will maintain a steady 5 per cent in 2015 and 2016 as project implementation improves, a report said. Kuwait’s economic growth is set to maintain a healthy pace despite last year’s collaps

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Al Waleed to complete Dubai projects in Q4

Al Waleed Real Estate, said the work at its residential projects in Jumeirah Village and Silicon Oasis in Dubai, UAE, was progressing well and would be completed during the fourth quarter of 2015.   Al Waleed Real Estate, the

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