Matti Piri, acting CFO of Neste Oil, tells CNBC there improved first quarter operating profits are down to a turnaround in renewable fuels. | Matti Piri, acting CFO of Neste Oil, tells CNBC there improved first quarter operating profits are down to a turnaround in renewable fuels.
24 April 2013 The Egyptian Arab Land Bank is seeking to dispose of in-kind assets acquired through reconciliation operations since 2005, the bank chairman told Zawya. "The in-kind assets, which were acquired by the bank are primarily properties valued at EGP 2.4 billion. These comprise of villas, apartments, shops and other properties, which the bank seeks to liquidate; in light of the stabilizati
Egypt's ministry of health is currently considering the construction of a comprehensive medical city at 6th of October City - Giza governorate, an official source told Zawya.
"Kurdistan is currently seeking to execute a number of dam projects, among which are the Bawanoor dam in the Garmian, Gomaspan and Pastora in Erbil
Kurdistan Region Government of Iraq (KRG) is set to announce the winners of a project involving the design and construction of 2000 school buildings in Erbil, Sulaimaniya, Dohuk and Garmian in May, at a total estimated cost of USD 4 billion. A total of 60 Arab, local and global companies had participated in the bidding phase, an official source at the region's ministry of education told
Saudi Jazan Province has commenced the implementation of a grain silos and flour mills project in collaboration with the Grain Silos and Flour Mills Organization, at a total cost of USD 100 million (SAR 374 million), an official source told Zawya.
Algerian government-owned Sonatrach Oil and Gas Company seeks to complete all works relating to Algiers refinery development within two months' time at an estimated cost of USD 1 billion, an official source at the petroleum refinery plant told Zawya.
Dubai Cable Company (Ducab) will invest around AED 1 billion in two new facilities in the region to meet the growing demand for its products, a top Ducab official told Zawya.
Jeff Singer, CEO, of Dubai International Finance Center, tells CNBC that City Week will look at regulation and the positive affect it has on business. |
Hilton Hotels & Resorts is set to conclude an agreement on the 25th April with Hiwa Rauf Company of Kurdistan for the construction of a USD 100 million hotel, a senior official source told Zawya.