The Legoland Dubai Hotel is a 60:40 joint venture between DXB Entertainments and Merlin Entertainments, and will be operated by Merlin Entertainments once opened
Source: New feed
Author: constructionlead
Damac reports net profit of $1bn in 2016
Damac completed more than 1,600 units in 2016 in Damac Hills (Akoya previously) development. Total deliveries for 2016 were recorded at more than 2,400 units
Source: New feed
Evonik opens coatings laboratory in Turkey
The laboratory includes a customer service centre, which will support customers with the development of innovative surface coatings in Turkey and throughout the Middle East
Source: New feed
Drake & Scull posts net loss of $214.4m for 2016
Drake & Scull (DSI) reported a 2016 net loss of $214.4m, narrowing from a loss of $255m in the previous year
Source: New feed
UAE businesses can sign up for VAT from October
In a recent updated on its website, the Ministry of Finance in the UAE has released new information and requirements for business registration for VAT
Source: New feed
Oman: Muna Noor opens pipe, valve centre in Muscat
Located in the Ghala Industrial Area of Muscat, Muna Noor?s new pipe and valve centre has been designed to provide a more efficient service for the manufacturer?s customers
Source: New feed
Carillion nabs Bee’ah HQ construction contract
Carillion collaborated with UK-based Zaha Hadid Architects to win the contract and will manage the project via its UAE venture Al Futtaim Carillion
Source: New feed
Careem-UN scheme to encourage refugee crisis aid
UAE-based car hailing app forms partnership with the UN to encourage donations to help refugees
Source: New feed
Scania signs Iran deals for 1,350 buses in Isfahan
Scania inks twin deal to provide five Iranian cities with public transport buses in the presence of the Swedish Prime Minister
Source: New feed
Musk meets Dubai Ruler ahead of Tesla's UAE launch
Tesla, which specialises in the design and manufacture of electric cars, is set to launch its UAE operation through an office in Dubai
Source: New feed