Al Khobar has come in third as the top area for hotel development in Saudi Arabia with 20 hotel projects currently underway
Source: New feed
Month: March 2017
RAK Properties authorises 5% cash dividend at AGM
RAK Properties authorised the distribution of a 5% cash dividend for 2016 during its latest annual general meeting
Source: New feed
Korean builder awarded $3.6bn contract in Iran
SK E&C will build and operate five new power plants in Iran, the country?s largest private energy project ever to produce a combined generation capacity of 5,000 megawatts
Source: New feed
Video: RTA installs smart traffic signal in Dubai
Pedestrian movement on the pavement is spotted by the smart system, which then modifies the timing of the signal’s light change accordingly
Source: New feed
Dubai utility savings reach $263m from 2009-2016
Electricity and water consumption reduced by 19% and 28% respectively in Dubai’s residential sector, and 10% and 30% in the commercial sector, DEWA has announced
Source: New feed
ALNG takes delivery of 500th RasGas cargo
A liquid natural gas delivery to Adriatic LNG Terminal (ALNG) marks the 500th cargo milestone for RasGas
Source: New feed
US adhesives firm HB Fuller opens Dubai office
HB Fuller’s Dubai office will serve as the base of operations for Harsh Gupta, regional general manager for India, the Middle East, and Egypt
Source: New feed
UAE: Abu Dhabi approves $64m worth of projects
The Abu Dhabi Executive Committee at the Executive Council has approved $64m worth of infrastructure projects for the emirate
Source: New feed
UAE: Caltex retires diesel engine oils below CH-4
Chevron?s Caltex has retired its range of decades-old CF diesel engine oils in the UAE in line with the GCC’s regulatory requirements
Source: New feed
Dubai: SirajPower awarded rooftop solar contract
RSA Logistics and SirajPower have signed a solar lease agreement to deliver a solar rooftop solution in Dubai
Source: New feed