31,000 Saudi and foreign employees at Saudi Oger claimed their salaries have been delayed for several months
Source: New feed
Month: August 2016
Buyout Could Bolster Largest Texas Utility's Investment Plans
Clean energy firm NextEra’s $18.4-billion bid for Oncor is on heels of failed Hawaii utility deal.
Source: New feed
Dubai Safari Park to feature 1,000-seat theatre
The project at Dubai Safari Park includes building a 1,000-seat theatre, a clean energy production garden, and an interactive garden for children
Source: New feed
Alba hands Power Station 5 contract to GE and GAMA
The consortium has been awarded an EPC contract for the 1,792MW combined cycle gas turbine Power Station 5 (PS 5) plant, it has been announced
Source: New feed
Smashing! acquisition completed by UAE's Farnek
Smashing!, which has an annual turnover of $2.7m, will be integrated into Farnek Group company, Hitches & Glitches
Source: New feed
Qatar's Barwa buys land for $175m in Saudi Arabia
The deal was part of Barwa’s plan to explore potential real estate investment opportunities in the kingdom
Source: New feed
UAE: Commodore MEP to form new MEP company
Abu Dhabi-based Commodore MEP plans to form a standalone sister company called Commodore Middle East
Source: New feed
Dubai Ruler reviews Masdar investment plans
HH Sheikh Mohammed acknowledged Masdar’s role towards "building a robust foundation for sustainable development" in the country
Source: New feed
HVAC: Hira industries in DCL quality certification
Hira Industries was awarded the certification for Aerofoam XLPE & NBR following an assessment of the company?s internal quality control system
Source: New feed
QIA snaps up 24.9% in St Petersburg airport shares
The deal will help offset weakening revenues at travel hubs like Frankfurt and Antalya and will assist it to reach its 2016 earnings forecast
Source: New feed