The amount is part of the kingdom’s Local Lending Program, and will support health, education, and hospitality projects that have an investment value of $413m
Source: New feed
Month: July 2018
WSP to acquire US firm Louis Berger
The US professional services consultancy expects the $400m deal, financed by an underwritten loan from the Canadian Imperial Bank of Commerce, to close in Q4 2018
Source: New feed
SNC-Lavalin bags $180m Al Zour Refinery contract in Kuwait
Kuwait’s $16bn Al Zour Refinery will have the largest refining capacity in the Middle East
Source: New feed
Law firm advises Majid Al Futtaim on major Mediclinic sale
Majid Al Futtaim has been advised by global law firm Clyde & Co on the sale of two of its City Centre Clinics, according to reports on Tuesday
Source: New feed
First 'Heart of Europe' homes set to handover by year-end
JK Bauen Building Contracting, Wuchang Ship Building Industry Group Co Ltd, and Sino Great Wall International Engineering Co Ltd will construction of ?The Heart of Europe?
Source: New feed
Engineering one of most attractive fields for UAE grads
Engineering and design fields currently top the list of the most attractive industries for fresh graduates in the UAE, according to a new survey
Source: New feed
Dubai Investments posts H1 2018 profit growth
Investment conglomerate has had a good year after posting quarterly and half-year profit growth so far in 2018
Source: New feed
Binghatti on track to completing $16m project by September
Construction of the $16m (AED60m) Binghatti East is moving at a rapid pace, and is expected to be delivered by the end of September 2018
Source: New feed
UAE consultancy AESG hires acoustics specialist
Dimitrios Doutsios, who has eight years of work experience in the field, has been named associate consultant of AESG’s acoustics department
Source: New feed
UAE's Arkan reports 38% drop in H1 net profit
The UAE-based supplier said additional costs associated with the continuity of its Al Ain Cement Factory had impacted profits for the first half of this year
Source: New feed