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Abu Dhabi economy to contract by about 7.5% in 2020: S&P
Abu Dhabi’s real gross domestic product (GDP) is expected to contract by 7.5 percent this year because of lower oil…
Faisal Islamic Bank increases its issued capital to $506 million
Faisal Islamic Bank of Egypt has increased its issued and paid-up capital from $440,196,703 to $506,226,208 after…
Delta Insurance’s investments rise to EGP 787.4 mln March-end
Egyptian Delta Insurance’s total investment portfolio increased to 787.4 million Egyptian pounds ($49.7 million) at…
Egypt’s Rolin to deliver WB-financed infrastructure projects in 4 governorates
Egypt’s construction firm, Rolin says it plans to deliver four infrastructure projects, financed by the World Bank…
Egypt’s Madinet Nasr Housing first-quarter revenues grow to EGP 914.9 million
Egyptian Madinet Nasr for Housing and Development’s revenues rose to 914.9 million Egyptian pounds ($57.8 million)…
RTA finalises project with 13 bridges leading to Dubai Hills Mall
Dubai’s Roads and Transport Authority (RTA) announced the completion of all construction works in Roads and Bridges…
Malaysia, Singapore defer high-speed rail flagship until year-end
Malaysia said on Sunday it had agreed with neighbouring Singapore to suspend until the end of the year a project…
Egypt adopts e-signature to maintain safety of financial operations
Egypt's Finance Ministry has initiated the use of an electronic signature, or a token, for its employees as part of…
New road bridge project open in UAE’s Ajman – ministry
The Ministry of Infrastructure Development has announced the opening of Etihad Road Bridge Project in UAE's Ajman,…
Costs of building materials in UAE decline amid coronavirus
The costs of manpower and some building materials used in construction projects in the United Arab Emirates have…