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    General Cable Announces $250 Million Private Offering of 5-Year Senior Notes

    General Cable Announces $250 Million Private Offering of 5-Year Senior NotesSeptember 22, 2014

    (ME NewsWire)-- General Cable Corporation (NYSE: BGC) (the “Company”) today announced that, subject to market conditions, it intends to offer $250 million aggregate principal amount of senior notes due 2019 (the “Notes”) in an offering exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be offered only to qualified institutional buyers in reliance upon Rule 144A under the Securities Act and non-U.S. persons outside of the United States in reliance upon Regulation S under the Securities Act.


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    Investor confidence in real estate returnsSeptember 22, 2014

    It gets bigger and better in Dubai with the real estate sector back to sustainable growth. Investors are coming in droves and this year’s Cityscape Global is being touted as the largest in history with 280 exhibitors from 28 countries coverging here for the most influential real estate show in the Middle East.


    Shaikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority and Chairman and CEO of Emirates airline and Group, opened the show on Sunday which had construction heavyweights Emaar Properties, Damac, Nakheel"...

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    Dubai World debt restructuring deal soon: Ahmed

    Returning confidence has led to a number of new projects to be announced, including plans to build the world’s largest Ferris wheel and the world’s largest shopping mall.

    One of Dubai’s top government officials said on Sunday that he expects state-owned conglomerate Dubai World to reach a deal on renegotiating its debt repayment schedule in the near future.


    I can say for sure we will reach it. It is there and you will hear about it soon,” Shaikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai’s"...

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    Meydan announces launch of new projects at Cityscape Global

    District Eleven is a suburban mixed-use community development featuring parks, private schools and retail businesses with two prime residential areas.

    The Meydan Group has announced two major new projects today at Cityscape Global: Mohamed Bin Rashid Al Maktoum City District Eleven and Meydan Avenue, two mixed-use developments in Dubai.


    District Eleven is a suburban mixed-use community development featuring parks, private schools and retail businesses with two prime residential areas. The residential areas cover a total"...

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    Nakheel unveils The Palm Gateway beachfront complex

    Located at the entrance of Palm Jumeirah with convenient transport links to other parts of the island and the rest of Dubai, The Palm Gateway comprises three individually- designed high-rise residential buildings – the tallest topping 260 metres – with one, two and three bedroom apartments, available for lease.

    Dubai developer Nakheel has announced the launch of The Palm Gateway today – It is a three-tower waterfront living and leisure complex with more than 1,300 homes, a beach club, retail, dining, health and fitness facilities.


    Located"...

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    DIFC plans $700 million sukuk issue by October-end

    DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is looking to raise as much as $700 million by issuing a sukuk to help repay existing debt and fund real estate development, its top executive said on Sunday.

    The sukuk, DIFC Investments’ first since 2007, comes at a time when a number of Dubai state-owned entities are raising cash from the market to take advantage of historically-low borrowing rates and improved economic conditions in the emirate.

    For DIFC, this is reflected in the high occupancy rates in its core buildings, driving an expansion of the zone for which the new funds will partly be used to support.

    The company aims to finalise the ijara-structured deal by the end of October, Essa Kazim, governor of the Dubai...

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