The Damac IR App will enhance the company?s communication with stakeholders on the go, with financial information available in an easy to navigate platform
Source: New feed

With a backlog of approximately $2.18bn, and an annual burn rate in the region of $820m, Drake & Scull has more than two years of secured projects
Source: New feed

The $214.4m net loss recorded by Drake & Scull International in 2016 was largely the result of legacy issues outside of the UAE, according to CEO, Wael Allan
Source: New feed

Parking lots in Al Rigga and World Trade Centre have been converted into smart parking zones, which aims to provide information of vacant parking slots via the RTA app
Source: New feed

Ford will invest $1bn over the next five years in Argo AI, an artificial intelligence startup founded by former Google and Uber leaders, for its autonomous vehicles
Source: New feed

The approval is subject to the completion of Arabtec’s 2016 full-year financial audit and final approval from the regulator
Source: New feed

The hotel operator also plans to expand further into the GCC market, with plans to build more hotels in Dubai, Abu Dhabi, Saudi Arabia and Oman
Source: New feed

Young will primarily lead Dentons’ UAE disputes practice, and later on the wider Middle East disputes practice from 1 May, 2017
Source: New feed

A Record 68 hotels to open in Saudi in 2017 as hospitality booms across major cities in the kingdom
Source: New feed

Doosan Portable Power is now offering LED light fixtures that are 50% more efficient as a factory-installed option on its LSC, LS, L6 and L8 light tower models
Source: New feed