RTA said that the vehicles, which will be Model S sedans and Model X SUVs, will be added to Dubai Taxi Corporation?s fleet of limousines
Source: New feed
Siemens to partner with DEWA on new projects
Al Tayer revealed that Siemens and DEWA were currently working on one project, with another one to be announced ?in the next quarter?
Source: New feed
Non-oil infra spurs growth of Bahrain property
The kingdom is "pressing on with key infrastructure projects despite enduring a challenging economic climate", a CBRE’s latest market research states
Source: New feed
Aldar Properties earns $760m net profit in 2016
Aldar awarded construction contracts worth $820m (AED3bn) and generated recurring revenue net operating income of $440m (AED1.6bn) in 2016
Source: New feed
DLD and Nasdaq Dubai sign real estate listings MoU
The MoU includes the operation of a channel to streamline communications between DLD and Nasdaq Dubai regarding administrative matters
Source: New feed
Dubai Parks and Resorts to get new Legoland Hotel
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
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