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Emirates Securities Market down by -1.11 percent

ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -1.11% to close at 4457.31 points. Accordingly the Market Capitalization has lost AED 8.1 billion attaining AED 723.03 billion. A total of 0.73 Billion Shares were traded with a total value of AED 0.79 billion during the trading session of 05-04-2016 through 8562 transactions. The number of companies which ...

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Cairo sets new housing timeline

Bloomberg Egypt’s government has set a new timeline for the completion of public and middle-income housing units, according to a cabinet statement. The statement went on to say the government has committed to delivering about 300,000 units by the end of 2016. Cairo also plans to deliver about 750,000 housing units by the end of 2018, in addition to the ...

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Hill Int’l wins work on projects in Morocco and KSA

Bloomberg US-based Hill International has won two contracts to provide construction services on real estate and tourism development projects in Saudi Arabia and Morocco. In Saudi Arabia, Hill has been awarded a contract from the local DUR Hospitality to provide services during the construction of the Diplomatic Quarter Marriott Hotel in Riyadh. Hill says its two-year contact has an estimated ...

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