Dentons has acted as legal counsel to a syndicate of regional banks on the Islamic financing of the proposed $272m (AED1bn) acquisition of Byrne Group
Source: New feed
First solar powered date factory to be built in Dubai
Abu Dhabi-based clean energy company Enviromena Power Systems will help build the world?s first date factory to run on solar power
Source: New feed
Masdar: Robotic system to cut opex of Dubai's MBR Solar Park Phase 3
A robotic system, supplied by Spanish company PV Hardware, has been designed specifically for Phase 3 of the MBR Solar Park
Source: New feed
Damac's 34-storey Tower 108 in Dubai nearing completion
Tower 108 is a fully serviced and furnished 404 unit apartment complex, with a mix of studios, one-,two-,and three-bedroom flats
Source: New feed
Tower projects point to Gulf developers' optimism in 2018
Numerous skyscrapers have been announced for construction or reported progress in the UAE, Saudi Arabia, and Kuwait this year
Source: New feed
Oger International acquired by Jordanian investor
Oger International launched a major reorganisation after its biggest client in the Middle East defaulted
Source: New feed
Emicool bags district cooling contract for Expo 2020 Dubai
Al Nasr Contracting has been appointed as the contractor for the district cooling plant, which will serve the Expo Village, Dubai South Mall, and the Conference and Exhibition Centre at the Expo site
Source: New feed
Transguard Group posts record $707m revenue
A flurry of contract wins contributed to Transguard Group’s profit growth
Source: New feed
March Construction Starts Advance 11 Percent
New construction starts in March increased 11% from the previous month to a seasonally adjusted annual rate of $785.2 billion, according to Dodge Data & Analytics.
Source: New feed
Nakheel reports Q1 2018 net profit of $422m
Nakheel has reported a 5% increase in net profit to $422m (AED1.55bn) for the first quarter of 2018, as compared to the corresponding period last year
Source: New feed