Wednesday, August 23, 2017 4:42 AM

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GCC countries urged to review duty on imported steel

The steel manufacturing sector in UAE is seeking further support to prevent dumping of cheap steel imports in the country, says a leading steel manufacturer. This inflow of dumped foreign products into the country has caused a massive damage to the local producers over the past few years.

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5,300 souk outlets to open in Deira Islands

All 5,300 souk outlets that span to 1.9 kilometres of waterfront were leased

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Bahrain ventures on key projects amid challenging economy – CBRE

Swedish furniture developer IKEA is also expected to launch its 37,000 square meter development in late 2018 and the BD47 million project is planned to be the largest store in the Middle East with a self-serve and full serve area.

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Manazel posts Dh206.5 million net profits for 2016

Manazel Real Estate delivered a strong performance for 2016 driven by its focused business strategy to diversify its income resources while growing revenues and effectively managing costs.

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Dubai Supreme Council launches WGEO Private Sector Platform

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, launched the Private Sector Platform of the World Green Economy Organisation (WGEO).

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Dubai’s Opus Office Tower sneaks into world’s most striking buildings list

Dubai’s Opus Office tower, designed by Zaha Hadid and developed by Omniyat, was recently name as one of the nine most striking buildings in the world by Architectural Digest Magazine.

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Demand for industrial real estate in Dubai decreases – Cluttons

The demand for industrial real estate in Dubai has significantly decreased due to growth slowdown and global economic anxiety across all regional markets, according to real estate consultancy firm Cluttons.

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Majid Al Futtaim hikes 2016 revenues by 9% to Dh29.9bn

Majid Al Futtaim group recorded a revenue hike of 9 per cent year-on-year to Dh29.9 billion for 2016, according to a trading statement.

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