Dubai-based Emaar Properties has obtained a $1.5bn corporate finance loan from First Abu Dhabi Bank, sources confirmed on Sunday
Source: New feed
Genie appoints region sales manager for Turkey and Caspian
Terex AWP promotes Buhan Okan Acar, a Terex Financial Services team member, to the newly created region sales manager for its Genie products in the Turkey and Caspian Sea region
Source: New feed
Kuwait approves plans for $7bn metro rail project
Plans for Kuwait?s $7bn metro rail project have been approved, a senior official said on Sunday
Source: New feed
Work on $94m solar project to begin in Oman
A large solar panel project in Oman’s Duqm special economic zone will begin by the end of 2017
Source: New feed
Shurooq's Al Bait Hotel in Sharjah 70% complete
With a $27.2m (AED100m) construction budget, the hotel is on track to meet its completion deadline of 2018, Shurooq confirmed
Source: New feed
Dubai Taxi Corporation adds 50 Tesla vehicles to limo fleet
Dubai Taxi Corporation?s Tesla electric vehicles have been fitted with several self-driving technologies, and will be supported by 13 electric recharging stations
Source: New feed
CW Awards 2017: Nominations deadline draws near
Nominations for the <i>Construction Week</i> Awards 2017 must be submitted by Thursday, 21 September, 2017
Source: New feed
UAE expert says VAT may affect construction costs
The tax "will play a major role" in the property end-user segment, but construction salaries are unlikely to be affected, an accounting expert told Construction Week
Source: New feed
Dubai Health Authority inaugurates JLT medical fitness centre
Dubai Health Authority has inaugurated a new medical facility in Jumeirah Lake Towers and launched a new medical fitness and occupational screening system for expats
Source: New feed
DIFC launches division for construction and tech disputes
Dubai International Financial Centre (DIFC) Courts is launching a new technology and construction division (TCD) that will handle some of the more complex disputes in the sectors
Source: New feed