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Egypt’s Palm Hills sees growth in challenging property market

  Bloomberg Egypt’s Palm Hills Developments SAE expects a jump in sales this year, even as a currency flotation and rising inflation put the nation’s property market under strain. The luxury real estate developer is aiming for about 8.5 billion Egyptian pounds ($450 million) of contracted sales and plans to deliver some 2,000 units in 2017, Chairman Yasseen Mansour said ...

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LNG sector looks to producing power as record glut looms

  Bloomberg Seeking new ways to market their product, producers of liquefied natural gas are turning to an age-old technique: packaging. As demand for electricity booms in developing nations from South Africa to Chile, LNG producers are offering to supply both fuel and a power plant in partnership agreements that can lock in consumption of their product for years. For ...

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Apple ready to start making iPhones in India, at a price

  Bloomberg Apple Inc. is willing to start making iPhones in India, but it wants a big helping hand from Narendra Modi’s government first. The Cupertino, California-based company is scheduled to meet with officials in New Delhi next week to discuss the prospects for setting up manufacturing facilities in the country this year. Apple, the most valuable company on Earth, ...

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