Earlier this year, Emaar Malls distributed a cash dividend of 10% of the share capital, equivalent to $354m (AED1.3bn)
Source: New feed
222 buildings connected with PV panels in Dubai
A total of 222 buildings were connected with photovoltaic installations last month as part of DEWA’s Shams Dubai initiative
Source: New feed
New DEWA HQ in Dubai to use robots for FM services
The Al Sheraa building will also feature a control centre that operates and shuts down non-essential systems when their use is not required, DEWA revealed
Source: New feed
Volvo Group to pull out of government sales
Volvo Group initiates process to divest itself of governmental sales business for defence and aid applications
Source: New feed
UAE: Mercedes-Benz unveils new distribution models
Gargash and Mercedes-Benz will use Gulfood Manufacturing Dubai 2016 to launch a new range of trucks and vans designed for the distribution segment
Source: New feed
CBRE: Abu Dhabi rental markets witness decline
Average housing rentals have continued to decline amidst the prevailing weak employment market and softening economy
Source: New feed
Business case grows for re-plating hydraulic parts
Marami Metal Plating highlights the advance of re-plated parts against conventional replacements
Source: New feed
UAE: Adnoc-Masdar JV unveils first carbon project
The project, which is now operational, aims to sequester up to 800,000 metric tonnes of carbon dioxide (CO?) per year
Source: New feed
Dubai: DPG releases additional Serena homes
Serena is a 76ha master development featuring affordable residential sectors that will be served by recreational centres and parks
Source: New feed
Saudi Aramco pledges $100m to climate initiative
Ten energy companies, including Saudi Aramco, are to invest a combined $1bn into the Oil and Gas Climate Initiative (OGCI) during the course of the next 10 years
Source: New feed