Emaar Development is launching sales for its new Grande residential tower in Downtown Dubai on Sunday, 13 May
Source: New feed
Month: May 2018
Abu Dhabi's TAQA reports 42% rise in net profits in Q1 2018
Abu Dhabi National Energy Company (TAQA) has recorded a 42% rise in net profit at $30m (AED110m) for the first quarter of 2018, compared to a net income of $21m (AED77m) in the same period last year
Source: New feed
Find construction services with new UAE app
Buildeey has been launched to provide construction-related services in the UAE
Source: New feed
Arabtec bidding on $4bn UAE projects as Q1 net profit grows 261%
Group CEO Hamish Tyrwhitt says Q1 results reflect "transformation initiatives", with the firm set to emphasise legacy project close-outs in 2018
Source: New feed
Deals worth $40m signed for Salalah Free Zone projects in Oman
The free zone also celebrated the laying of the foundation stone for a plant that will produce 25 tons per annum of curcumin and basic oil extracted from turmeric
Source: New feed
Is the Middle East building the infrastructure needed to go solar?
Support for solar energy is ramping up in the Middle East, but are governments investing in the infrastructure needed to support these ambitions?
Source: New feed
Evershine wins $152m 10-tower main contract for Dubai's Azizi Riviera
Phase 4 of Azizi Riviera will start in July, following Azizi Developments’ agreement with Evershine Contracting
Source: New feed
Middle East infra contractors face payment delays in 2018
A survey by PwC found that infrastructure project teams face pressure to deliver "more for less" as contractors contend with funding limitations and scope changes
Source: New feed
UK agency to spend $135m on Dubai World Trade Centre expansion
Half of the supplies and services used for Phase 4 of Dubai World Trade Centre will be provided by UK companies as UK Export Finance agrees to fund the project
Source: New feed
APM Terminals Bahrain appoints underwriter for October IPO
APM Terminals Bahrain has appointed Sico BSC as the lead manager and underwriter for its initial public offering, to be launched in late October
Source: New feed