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Malaysia will soon begin work on a $14.5bn project to build two refineries and an oil pipeline linking them in the northern part of the country.
A record number of real estate developments are currently being promoted in Dubai and the Northern Emirates, sparked when Ras al-Khaimah passed laws allowing freehold ownership for non-Gulf Cooperation Council nationals.
As global demand for energy increases, coal is experiencing a comeback and Indonesia is poised to reap many of the benefits as coal production is expected to exceed 215m tonnes this year, up 11% on 2006.
At QR65.71bn ($18.1bn), the Qatar 2007-2008 budget, published this month, is the largest in the Gulf state's history.
Motor insurance remains the largest segment of non-life insurance by premium in Turkey, disproportionately so when compared to EU countries with better-developed accident, health and property insurance markets.
Citibank announced on April 9 that it will acquire Bank of Overseas Chinese (BOOC), a small Taiwanese lender.

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