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Chicago firm wins top honour for Hajj Terminal |
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 Skidmore, Owings & Merrill (SOM), the Chicago-based architectural firm which designed the world’s tallest building Burj Khalifa, has won '2010 American Institute of Architects (AIA) 25 Year' award for the Hajj Terminal at King Abdul Aziz Airport.
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Aramco seals term gas oil supply contracts |
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 Saudi Aramco has concluded supply deals to purchase up to 7.14 million barrels of gas oil for delivery in 2010 from private trading firms and international oil companies, industry sources said on Monday.
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Prysmian Cables to boost ME presence |
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 Prysmian Cables & Systems, a leading player in the energy and telecom cables market based in Milan, Italy, plans to boost its presence in the Middle East region. Prysmian has presently offices in UAE, Qatar, Bahrain and Kuwait.
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Dubai orthopaedic meet focuses on new trends |
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 The Dubai Bone and Joint Center (DBAJ), a member of the Mohammed Bin Rashid Al Maktoum Academic Medical Center, recently organised a one-day course focusing on the latest trends and concepts in orthopaedics and trauma.
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French firm launches non-flammable paper |
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 France-based Procedes Chenel International has launched its two non-flammable products, both of which can be safely integrated into public areas such as stores, showrooms, offices, booths and museums.
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Tamweel swings to Q4 net profit on cost cuts |
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 Dubai Islamic mortgage lender Tamweel swung to a net profit of Dh11 million ($3 million) in the fourth-quarter, helped by a reduction in funding costs. Tamweel made a loss of Dh112.3 million ($30.57 million) in the fourth quarter of 2008.
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Temasek unit to invest $75m into KHC fund |
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 Kingdom Holding Company said Asian investment group Temasek Holdings is set to invest $75 million into Pan-African Investment Partners II Limited (PAIP II), a fund managed by Kingdom Zephyr Africa Management Company (KZAM).
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ME media industry 'dynamic and independent' |
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 Despite the impact of the global economic conditions, the media industry in the Middle East region has remained dynamic and independent, providing a unique set of opportunities and challenges, said a top industry official.
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Porsche launches 911 Turbo S |
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 German automaker Porsche has launched its latest model in the 911 Turbo series, the 911 Turbo S with a six-cylinder boxer boosted by two exhaust gas turbochargers, with an increase in power over the 911 Turbo by 30 to 530 bhp (390 kW).
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Jafza launches online licence renewal |
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 The Jebel Ali Free Zone (Jafza) has announced the introduction of online licence renewal, a service that enables customers to complete transactions online without visiting Jafza offices.
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Savex becomes first carbon neutral B2C event |
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 Savex, an upcoming retail expo in Dubai, has achieved the distinction of being the first Business-To-Consumer exhibition in the Middle East region to get carbon neutral status, said EcoVentures, a premier emissions reduction firm in the region.
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Tamkeen, Bird sign talent management deal |
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 Tamkeen has signed a BD560,000 ($1.48 million) agreement with the Bahrain International Retail Development Centre (BIRD) to deliver a series of training modules on leadership and HR management over a two-year period.
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Firm to spend $782m on sugar production |
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 Illovo Sugar plans to spend about 6 billion rand ($782.2 million) over the next five years to boost sugar production in Africa to 2.5-2.7 million tonnes from 1.7 million, the Business Day reported on Monday.
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South West England provides an ideal setting for Middle Eastern travellers looking for a private and peaceful break, whether it be a romantic European holiday or a summer escape, says VisitBritain, UK’s national tourism agency.
Etisalat, a leading telecom services provider in the UAE, has unified international roaming charges for outbound roamer and will apply a flat rate according to the new roaming zones and new rates.
Bahrain Maritime & Mercantile International (BMMI Group) has reported record revenues of BD87.2 million ($231.3 million) for 2009 compared to BD80.4 million the previous year.
The KD30 billion ($100 billion) development plan passed by Kuwait's parliament last week can boost the country’s non-oil private sector economy and support the construction sector, according to a report.
Nasdaq Dubai, one of two bourses in Dubai, is changing its opening hours to those of sister exchange, the Dubai Financial Market, in its latest attempt to boost trading, it said on Monday.
Iran plans to build 10 new uranium enrichment facilities during the next Iranian year, its atomic energy chief was quoted as saying, in comments likely to further raise tension with the West.
Consultancy Kingsman SA forecast on Monday a 2010/11 (April-March) global sugar surplus of 3.99 million tonnes, against a deficit for 2009/10 of 11.92 million tonnes.
The total number of journalists in detention in Iran has risen to at least 55 after the arrest of 10 in recent days, reformist websites reported on Monday.
