UAE-based developer Deyaar Development has reported a 96% year-on-year rise in revenue for the third quarter of 2017
Source: New feed
Dubai's Damac records $626m nine-month net profit
The developer’s booked sales were valued at $1.6bn for the first nine months of this year, during which it completed 1,923 units in Dubai, Riyadh, and Amman
Source: New feed
UAE’s BMTC to supply 45,000 LED units to Al Ain hospital
Bahri & Mazroei Trading Company will reveal the details about its contract LED luminaries to a hospital project in Al Ain at Light Middle East 2017
Source: New feed
Expert says Middle East clients still wary of retrofits
More regional clients prefer to rebuild rather than retrofit properties, Plafond Fitout’s Dimitri Papakonstantinou told ConstructionWeekOnline
Source: New feed
Bentley Systems acquires water modelling software business
Bentley Systems has signed an agreement to acquire Action Modulers? water modelling software business
Source: New feed
Al Shirawi FM wins International Humanitarian City IFM contract
The company will deliver MEP, specialised management, and housekeeping services at the development
Source: New feed
Housing rents to be exempt from VAT in Saudi Arabia
Value Added Tax (VAT) will not be applicable to housing rents and government services in Saudi Arabia
Source: New feed
Dutch solar car emerges as net producer of energy
The World Solar Challenge in Australia, which saw 41 solar-powered vehicles compete over 3,000km, sees a Dutch entry emerge as the overall winner by generating spare energy
Source: New feed
Adia unit to invest $1bn in India's NIIF infra fund
India’s National Investment and Infrastructure Fund (NIIF) has signed a $1bn investment deal with a unit of Abu Dhabi Investment Authority (Adia)
Source: New feed
New Ramada branded hotel to open in Riyadh
Wyndham Hotel Group has announced that it will be is developing the 189-room Ramada Riyadh King Fahd Road in Saudi Arabia
Source: New feed