Wednesday, August 21, 2019

Seminar held on “New Technologies in Fire Fighting”

Technical Trading Company LLC and Angus Fire Company (UK) held a special product presentation seminar on “New Technologies in Fire Fighting,” in Muscat recently.Organised...
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Hyflux in Talks With Middle East’s Utico for S$400 Million Funds

(Bloomberg) -- Singapore’s Hyflux Ltd., the water and power company battling for survival, said it is in talks with Middle Eastern utility Utico FZC about...
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Drake & Scull Reports $1.23 Billion Loss; Fires CEO, CFO

(Bloomberg) -- Drake & Scull International fired its chief executive officer, chief financial officer and chief legal officer as the Dubai-based contracting and engineering...
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Saudi Arabia’s Long-Delayed Banking Hub Gets a Trendy Makeover

There might not be any banks yet in the King Abdullah Financial District, but on a sunny afternoon, the once-stalled development in Riyadh is...
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Saudi Launches $23bn Riyadh Beautification Program

(Bloomberg) -- Saudi Arabia plans to pour 86 billion riyals ($23 billion) into beautifying its capital, Riyadh, with projects expected to create tens of thousands...
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Can Oil Reinvent Itself? Shell’s Power Push Divides Investors

(Bloomberg) -- When a few hundred Royal Dutch Shell Plc shareholders piled into a Methodist church in Westminster for their 2018 annual meeting, they...
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Saudi Arabia Follows Abu Dhabi to Invest in India Infrastructure

Saudi Arabia is considering investing in India’s infrastructure fund as the kingdom’s crown prince plans his debut visit to the South Asian nation next...
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Saudi Arabia Is Said to Seek Funding for Mega Tourism Projects

Saudi Arabia has approached banks to raise financing for two mega tourism projects as the kingdom pushes ahead with ambitious plans for life after...
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Saudi Arabia to Raise $36 Billion for Transportation Investment

Saudi Arabia plans to raise 135 billion riyals ($36 billion) for transportation-infrastructure projects over the next 11 years, as part of a sweeping plan...
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Saudi Crown Prince to Launch $425 Billion Infrastructure Plan

Saudi Arabia is seeking 1.6 trillion riyals ($425 billion) in investment by 2030 for infrastructure as well as energy, mining and other industrial projects,...
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