The directive to install back-up power generators at landmark developments in Dubai will comprehensively benefit the emirate’s building supply chain
Source: New feed
Month: May 2017
Blue light at night, fleet operator’s delight
Daimler conduct experiments to determine whether exposing truck drivers to blue light in their vehicle cabs can improve performance on the road
Source: New feed
Hill International reports 20% drop in Q1 revenues
Hill?s lower consulting fee revenue was driven primarily by declines of 36.7% and 41.5% in its Middle East and Latin America operations, respectively
Source: New feed
Damac launches two-bedroom townhomes at Akoya
Evo Townhomes feature two bedrooms, a kitchen, a living room, covered parking, and private garden or a terrace
Source: New feed
QIA’s foreign assets to remain untouched
Good economic judgement prevails as the Government decides to refrain from liquidating assets as QIA inclines towards passive investments
Source: New feed
Al Naboodah named the UAE’s happiest workplace
Al Naboodah Group Enterprises is named the UAE?s happiest working environment for 2017 at the inaugural happiness awards of the federal government in Abu Dhabi
Source: New feed
Damac Properties lists $500m sukuk on Nasdaq Dubai
It is the second sukuk listed by the Dubai-based developer on Nasdaq Dubai, following a $650m listing in April 2014
Source: New feed
Arabtec records profit for first time since 2014
Arabtec Holding has recorded its first quarterly profit since 2014 after achieving a net profit of $4.9m in Q1 2017
Source: New feed
Top 10 GCC hotels opening in 2017
With several hotel project launches announced in the last week, Construction Week lists the top 10 hotels opening this year in the GCC
Source: New feed
Shell, Saudi Aramco complete separation of assets
Under the terms reached in the dissolution of Motiva, Saudi Aramco assumes full ownership of the Motiva Enterprises LLC name and legal entity, including the refinery at Port Arthur, Texas, and 24 distribution terminals
Source: New feed