Monday 23 December 2024
 
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Alba on track with cost reduction plan

Aluminium Bahrain (Alba), one of the world’s leading aluminium smelters, is on schedule with its cost-improvement programme - Project Titan. Project Titan, launched in February 2014, is a two-year programme that aims at redu

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Gold stays on track for biggest weekly gain since Jan

Gold held near two-week highs on Friday, on track for its biggest weekly jump since January, after the US Federal Reserve sounded a cautious note on interest rates, arresting a dollar rally. The US currency headed for its worst we

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Abu Dhabi airport’s $2.9bn terminal on track

The Abu Dhabi International Airport’s Dh10.8 billion ($2.9 billion) Midfield Terminal Building (MTB) project remains on schedule, said a report. The first arch has gone up in the last three to four weeks, which the second wi

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Durrat Marina 'work on track'

The Durrat Marina management has announced that work was “on track” in all phases of the project within the planned time frame despite the economic slowdown. “The project is in its final stages of the infrastructure design which is be

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Remraam construction work on track

Mizin, the real estate development arm of Tatweer, said the construction of the 23.5 sq ft Remraam community was proceeding as scheduled with concrete pouring of building foundations underway. The current phase of construction involves bui

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Jazan refinery construction on track

The Jazan refinery in Saudi Arabia is expected to come online in the first quarter of 2015, the Petroleum and Mining Ministry has said, after reports of fresh delays hitting the planned export-oriented refinery. Meed magazine last week rep

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Aldar HQ building work on track

Aldar Properties said the construction work on its headquarters building was “on track for timely completion' next year.   To date the key milestones achieved on this project include the completion of excavation, piling, basemen

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