INFRASTRUCTURE SPENDING BY Gulf countries is expected to reach US$205 billion by 2013, according to recent estimates by Standard Chartered Bank. Although funding has emerged as a big challenge in the context of the global credit crisis, economists expect governments to support most infrastructure projects, and bond issues will be a major source of funding for many of these projects.
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GCC countries are expected to earn US$4.7 trillion in oil exports by 2020 going by the Opec targeted floor price of US$50 per barrel, a recent report by Ernst & Young says.'This will be 2.5 times their [GCC countries'] oil earnings over the last 14 years.
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Construction and Interiors will be featured in separate linked areas at the Bahrain Exhibition Centre in the first week of May – an ideal opportunity to see specifically what’s on offer in four-plus countries of the Northern Gulf
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HIGH TECHNOLOGY INSULATION materials that protect buildings in a fire are being installed in major projects across the Middle East as regulations are introduced to help save lives in the event of a blaze, according to an international industry leader.
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AXCL GULF HAS one of the most advanced lubricants blending plants in the UAE, exporting to over 25 countries in four continents.
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