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Aqua Properties invests AED91mn in Skycourt Towers

DUBAI / EMIRATES BUSINESS The overall investment market is not looking very promising due to fluctuating oil prices and financial meltdown in various industries, but Dubai property firm Aqua Properties is sure to make good out of even dismal market. In a bid to achieve its aim of providing an opportunity to individuals to own their own home in the ...

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Partners in Leviathan sign $1.3bn gas deal

Jerusalem / Bloomberg Israel’s natural gas companies and Noble Energy Inc. have signed the first contract to supply natural gas from the Leviathan site offshore Israel. Partners in Leviathan, Israel’s largest field, will supply 6 billion cubic meters of gas over 18 years to two power stations owned by local electricity producer Edeltech Group, according to an e-mailed statement. Under ...

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Nigeria faces currency woes in wake of oil price plunge

Lagos / AFP Onele Vincent and his colleagues are fed up with the rising cost of living. So they decided to do something about it and led a noisy protest at a top Lagos hotel where they work. “Things are more expensive, rent is high, food is high,” Vincent said last week in the lobby of the Southern Sun hotel, ...

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