Business & Management

Qatar plans US$548 million venture for industrialisation

qatar skylineThe Qatar Chamber of Commerce and Industry has announced plans for establishing a US$548mn venture that would focus primarily on the construction of industrial plants and related projects in the country

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Aldar Properties raises US$750 million through sukuk issue

aldar headquartersThe UAE’s Aldar Properties has raised US$750mn by issuing a five-year sukuk, its first capital markets transaction since its merger with Sorouh Real Estate in 2013

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UAE’s ANC Holding to acquire stake in Dhofar Fisheries

fishes-RDKUAE-based diversified group ANC Holding has announced that it will acquire a 39.2 per cent interest in Oman’s Dhofar Fisheries and Food Industries

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EBRD to invest US$1.1bn in MENA region in 2014

NelsonThe European Bank for Reconstruction and Development (EBRD) has planned to invest up to US$1.1bn in some Middle East and North African (MENA) countries next year, to help bolster regional stability and spur growth

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Oman hires New Zealand consultancy firm for continental shelf extension

640px-Oman east coast 1The Omani government has appointed New Zealand-based GNS Science as consultant and supervisor for the extension of the outer limits of the sultanate’s continental shelf

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