Parsons has appointed Dr. Rida Hamza as vice president for business development, critical infrastructure protection
Source: New feed
Month: August 2018
Bahrain's wealth fund triples profit in 2017
Net profits at Mumtalakat in 2017 stood at $560m (BD210.6m), a whopping 207% increase on 2016?s $183m (BD68.9m) figure
Source: New feed
Can Saudi build the infra needed to accommodate its tourism drive?
Saudi Arabia wants to be king of leisure, but will it be able to create a market worthy of this crown?
Source: New feed
Saudi developer Al Akaria appoints new CEO
Mamdouh Saud Al Sharhan now heads up the Saudi real estate giant following the resignation of Abdullah bin Ibrahim Saad Al Ayadhi, who held the role for three years
Source: New feed
Saudi King arrives for holiday at unbuilt $500bn mega city
King Salman bin Abdulaziz Al Saud has opted for a staycation at the $500bn NEOM megaproject in the country’s northwest region along the Red Sea
Source: New feed
Hilton to operate Al Habtoor City's three hotels
Under the franchise agreement, effective Tuesday, the three hotels at the Al Habtoor Group hotel development will be rebranded to align with Hilton’s various collections
Source: New feed
Saudi real estate developer reports 892% profit hike
High-end property developer Dar Al Arkan’s quarterly net profit rose by 892% on the back of increased real estate sales
Source: New feed
Drone trial begins for Abu Dhabi engineering inspections
Abu Dhabi City Municipality is testing how drones can help to improve the quality and efficiency of construction monitoring and inspection
Source: New feed
Bulldozers, cranes used to put out Kuwait junkyard fire
The 6,000sqm fire at Al-Naeem Junkyard was put out by seven teams that faced challenges such as site violations, high winds, and tight spaces
Source: New feed
Dubai's Majid Al Futtaim reports 13% H1 revenue hike
All of the UAE-based firm’s business lines reported revenue increases in H1 2018, helped in part by the group’s ongoing diversification and expansion efforts
Source: New feed