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Burundian elected as Chairman of East Africa Business Council
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| The East African Business Council has elected Mr Econie Nijimbere from Burundi as its new Chairman for the period of 2016-2017. The Burundian is taking over from Mr Dennis Karera, who served at that capacity from the year 2015. Mr. Econie is alsRead More... |
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Khattar named GM of Hyatt Regency Dubai Creek Heights
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| Hyatt Regency Dubai Creek Heights, the iconic five-star hotel located in Dubai Healthcare City, has appointed Vipin Khattar as its new general manager.
Khattar joins Hyatt Regency Dubai Creek Heights from his recent position as general manager of HyRead More... |
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Flydubai to set up India development centre in Hyderabad
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| Low cost carrier Flydubai will set up its first Indian Development Centre (IDC) in Hyderabad.
The centre will lead flydubai's IT and technology innovation and will be a hub for software development, research and operations, the Dubai-based airline sRead More... |
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Ready to roll: Schaeffler's Mideast MD on the growing market
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| Whether it’s passenger cars, vans or heavy trucks, the Middle East loves its vehicles and the region has long been lucrative for the automotive industry. The growing demand for vehicles in the region bodes well for the after-market segment too,Read More... |
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Saudi cabinet approves economic diversification plan
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| Jeddah:The Saudi cabinet has approved a major plan to diversify the national economy away from oil and aiming to generate 450,000 non-government jobs by 2020.
The National Transformation Programme (NTP) 2020, endorsed by cabinet late on MondRead More... |
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L&T 'wins Qatar World Cup stadium contract'
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| The Indian construction giant Larsen & Toubro (L&T) has won a contract to build a $135 million stadium in Qatar for the 2022 World Cup, according to press reports.
“As part of a joint venture, L&T will serve as a contractor buildinRead More... |
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Sharjah hosts Ukranian delegation to woo tourists
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| The Sharjah Commerce and Tourism Development Authority, or SCTDA, hosted a group of 100 top travel agents and a TV crew from Ukraine, who were flown in by Air Arabia to spend four days in the emirate.
Local tourism stakeholders were given anRead More... |
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Pakistan eyes 5.7% growth
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| Pakistan's Finance Minister Ishaq Dar presented new budget for the financial year 2016-17 before the National Assembly on Friday with total outlay of Rs4.8 trillion, around eight per cent higher than last year's budget of Rs4.1 trillion.
TheRead More... |
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Right time to invest as Indian realty set for boom
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| A huge growth potential and a string of investor-friendly legislations offer Indian property buyers an ideal opportunity to be part of the country's growth story, real estate experts said at the opening of the biggest Indian realty exhibition in DubaRead More... |
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Dewa ramps up solar project
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| The Dubai Electricity and Water Authority (Dewa) has announced its intention to build the world's largest Concentrated Solar Power (CSP) project, that will generate 1,000MW of energy by 2030. Speaking at a Press conference on Thursday morning, SRead More... |
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Dubai bank Emirates NBD in Dhs 500m digital push
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| Dubai’s biggest bank Emirates NBD announced on Wednesday that it will invest Dhs 500m over the next three years into improving its digital services.
The bank’s investment will focus on five areas including: end to end process traRead More... |
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Iran 'to sign $3bn power plant deal' with Turkish firms
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| Iran will soon sign a $3 billion investment deal with private companies in Turkey for the construction of a 5,000 megawatt power plant, Hurriyet reported.
“In the coming days we will sign an investment deal with Turkish private sector Read More... |
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Zambia South Africa Business Council launched
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| President Edgar Lungu says the Zambia South Africa Business (ZSBC) council will no doubt complement government efforts in promoting trade and investment between the two countries.
Mr. Lungu has however urged South African investors to take advantaRead More... |
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Invest in technology that strengthens your core business
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| While it is often a smart idea to invest early on in the latest trends in innovative technologies, companies around the world should remember that there is a chance that such technology wont add much by way of value to a company's core competencies, Read More... |
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Abu Dhabi offers Dh15b projects
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| Abu Dhabi is encouraging the public private partnership (PPP) concept by offering 100 development projects valuing Dh15 billion to private investors in the next four years, a top official said.
Khalifa Mohammed Al Mazroui Undersecretary of DRead More... |
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