Friday 24 October 2014
 
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industrial

GE nets higher profit as cost cuts lift margins

General Electric Company has reported a slightly higher-than-expected quarterly profit, with cost cuts that helped boost margins across its industrial businesses offsetting revenue that missed analysts' targets. Shares of GE r

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Bahrain office market rents stabilise in Q3

The rents in Bahrain’s office market have stabilised in the third quarter, putting a halt to the declines witnessed in most submarkets during the first six months of the year, caused mainly by the country’s stagnant levels of economi

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Investcorp eyes Bahrain industrial sector

Bahrain-based Investcorp, an alternative investment manager with more than $11 billion of assets under management, will be making its first-ever investments in the kingdom within the next few years, said a top official. "Bahr

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Yokogawa, Dell deal for dedicated PCs

Yokogawa Electric Corporation has signed a deal with Dell for the global provision of PC models that are selected and customised for Yokogawa use. Under the contract, Yokogawa will offer high-quality system solutions that utilise

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Yokogawa, Dell deal for dedicated PCs

Yokogawa Electric Corporation has signed a deal with Dell for the global provision of PC models that are selected and customised for Yokogawa use. Under the contract, Yokogawa will offer high-quality system solutions that utilise

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Zamil unit wins $35m deal to supply steel lattice towers

Zamil Towers & Galvanizing Company, a fully owned subsidiary of Zamil Industrial Investment, has won a SR134.5 million ($35.8 million) contract from the Middle East Engineering and Development Company (Meedco) in Saudi Arabia.

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Riyadh industrial sector Q2 performance ‘solid’

More than 10.1 million sq m of manufacturing land is set to enter Riyadh’s industrial manufacturing sector, as it showed solid performance over the last year up to the second quarter of this year, said a report. According to

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$78m Saudi industrial cities contracts awarded

The Royal Commission for Jubail and Yanbu has awarded two contracts amounting to SR293 million ($78.11 million) related to key projects in the industrial cities of Ras Al-Khair and Jubail. The contracts were signed by Prince Saud

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$78m Saudi industrial cities contracts awarded

The Royal Commission for Jubail and Yanbu has awarded two contracts amounting to SR293 million ($78.11 million) related to key projects in the industrial cities of Ras Al-Khair and Jubail. The contracts were signed by Prince Saud

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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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