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  • Almarai

    Saudi Almarai in $4.2 billion, 5-year investment plan

    Saudi Arabian dairy and food producer Almarai Co's board has approved a 15.7-billion riyal ($4.2 billion), five-year investment plan that will draw on finance from bank loans and Islamic bonds, it said on Tuesday.

    May 29, 2012 6:12
  • Emirates-Airline-undecided-on-550-million

    Emirates Airline undecided on $550 million June bond

    Emirates, the fast expanding Gulf airline, may seek to refinance a $550 million Islamic bond maturing in June but has not ruled out repayment in cash, a senior executive said on Tuesday.

    May 29, 2012 6:03
  • Qatar-plans-to-spend-49-billion-in-2012-13

    Qatar plans to spend $49 billion in 2012/13 – QNA

    Qatar set its budget with expenditures of 178 billion riyals ($49 billion) for the new fiscal year of 2012/13 and revenue of 206 billion riyals, the state news agency QNA reported.

    May 29, 2012 6:01