January 2005
Middle East;Jan2005, Issue 352, p36
This article presents news related to business and finance. Emirates Bank Group has approved the proposal to raise its existing debt financing through the Euro Medium Term Note programme to $3.5bn. First Islamic Investment Bank EC, the Bahrain-based investment bank, has announced its offer to acquire South Staffordshire PLC. A brand new FedEx facility, purpose built to further expand and enhance customer service and Bahrain's connectivity with the FedEx worldwide network has been officially opened at Bahrain. Technip, in a consortium with Al Jaber Energy Services, has been awarded a lump sum turnkey contract worth $62m by Dolphin Energy Limited for a new terminal to receive and distribute natural gas from Qatar to the UAE.


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