The Dubai-based property and retail group?s overall revenues increased by 9% year-on-year to $3.3bn (AED12.3bn), driven by entry into new markets
Source: New feed
Saudi plans to build 44,000 new schools by 2020
Public and private investors plan to capitalise on the education sector in the GCC in the next four year by building 50,000 new schools across the region
Source: New feed
Kuwait: Sheikh Jaber Causeway 34% complete
The causeway is intended to reduce traffic congestion and expand the road network across Kuwait
Source: New feed
Dubai Holding to invest $272m in tech developments
Dubai Future Foundation and Dubai Holding plans to invest $272m (AED1bn) over five years to advance research and development, and entrepreneurship
Source: New feed
UAE's Aldar to refinance $490m loans with banks
Out of Aldar?s total debt of $1.6bn (AED6bn), bank loans fund $871m (AED3.2bn) ? $490m (AED1.8bn) of which is now being refinanced, its CEO has said
Source: New feed
Autodesk Ends Perpetual Licenses, Introduces Industry Software Subscription Packages
Autodesk stops offering perpetual licenses and suites and introduces Collections, a one-package subscription offering for all its industry-specific products. The AEC Collection has 22 products.
Source: New feed
Qatar Cement and Samba ink $100m cement plant deal
Qatar’s ongoing infrastructure projects underway in the lead up to the 2022 FIFA World Cup, is the motivation for QNCC to build a fifth cement plant
Source: New feed
Telematics Standard for Mixed Fleets Secures ISO Approval
In a major step toward providing a common set of equipment data across mixed fleets, the telematics standard in development by the Association of Equipment Manufacturers has received approval on July 21 from the International Organization for Standardization (ISO) as a global standard.
Source: New feed
30,000 Saudi Oger workers file wage complaints
31,000 Saudi and foreign employees at Saudi Oger claimed their salaries have been delayed for several months
Source: New feed
Buyout Could Bolster Largest Texas Utility's Investment Plans
Clean energy firm NextEra’s $18.4-billion bid for Oncor is on heels of failed Hawaii utility deal.
Source: New feed