Nakheel and Reel Cinemas join forces to build a five-screen luxury movie within a restanrant at The Pointe on Dubai’s Palm Jumeirah
Source: New feed
Month: August 2016
Phase two of Dubai solar park operational in 2017
The second phase of Mohammed bin Rashid Solar Park will be operational by April 2017, officials have confirmed
Source: New feed
Abu Dhabi Ports and ADSB to build ship repair yard
Abu Dhabi Ports and Abu Dhabi Ship Building have signed a long-term contract to develop a ship repair facility at Zayed Port
Source: New feed
Dubai: Demand for office space slows in H1 2016
Economic slowdown curbs appetite for office space, while free-zone areas continue to maintain strong demand in Dubai
Source: New feed
ARA Forecasts US Rental Revenue To Exceed $57B in 2020
In a sign that the trend toward equipment renting is not slowing down, the American Rental Association says the rental industry can expect a compound annual growth rate of 4.9% over the next few years. ARA’s five-year forecast predicts that U.S. rental revenue will top $57 billion in 2020, a significant increase over the $47.6 billion estimated for 2016.
Source: New feed
Fifty Global Builders Set to Bid on Big Israeli Housing Program
Country will choose six to expedite needed residential construction.
Source: New feed
Emrill signs fleet management deal with Hertz
UAE FM firm Emrill has signed a four-year deal for Hertz to handle its entire fleet operations
Source: New feed
Emaar rejects reports of $1bn project in Turkey
Arabic media have quoted a Turkish official as saying that Emaar?s involvement in the project would include the development of a five-star hotel
Source: New feed
Al Qasba launches free vehicle-charging stations
Sharjah leisure destination Al Qasba inaugurates two free charging stations for electric vehicles
Source: New feed
Saudi: Sheraton Makkah to open in Q4 2016
Altayyar Travel Group Holding Company is set to build Sheraton Makkah Jabal Al Kaaba, which will feature 414 rooms and serviced apartments
Source: New feed