ACWA Power and APICORP announce stake in Shuqaiq

ACWA Power and APICORP announced the signing of a sale and purchase agreement of an 8% effective stake in Shuqaiq Independent Water & Power Project (Shuqaiq IWPP)
Source: New feed

Emaar Malls shares dip amid Souq.com bidding

Emaar Malls shares fell 0.78% on the Dubai Financial Market yesterday to close at $0.69 after news reports said the retailer was offering to pay $800m for Souq.com
Source: New feed

Foundation work completed on Emaar's The Tower

Emaar Properties has announced the completion of the pile foundations for what will be the world?s largest building, The Tower, upon completion in 2020
Source: New feed