Saint-Gobain builds first multi-comfort home in UAE
SUSTAINABLE FUTURE HOUSING
Saint Gobain, a world leader in the habitat and construction markets, said it has chosen Masdar City, one of the world’s most sustainable urban developments coming up in the UAE, to build its first 'Multi-Comfort House' in the region.
L&T to induct fresh local talent for projects in Saudi Arabia
Indian engineering and construction firm Larsen & Toubro (L&T) plans to induct fresh local talent as part of its Graduate Engineer Training (GET) programme for various operational and management functions for its projects in Saudi Arabia.
Qatar building equipment rental market to top $1.9bn
Qatar's construction equipment rental market is projected to cross the $1.9-billion mark over the next five year, thanks to the surging expatriate population and the growing construction activities linked to the FIFA World Cup 2022.
Emirates Steel showcases key product in Europe
Emirates Steel, the only integrated steel plant in the UAE, showcased its steel product range of ESZ sheet piles, at a leading European exhibition recently.
Empower’s 2016 net profits top $174m
Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has posted a net profit of Dh641 million ($174.5million) for 2016.
Cortec rolls out corrosion inhibiting additive
Cortec, a leader in corrosion control technologies, has introduced a new corrosion inhibiting additive which is compatible with diesel fuel tanks and systems.
QInvest exits prime London property fund
Qatar’s leading Islamic investment bank QInvest said it has successfully exited St. Edmund’s Terrace LP Fund, a prime London Sharia’a residential real-estate fund, after netting 22 per cent returns for its investors.
URC to develop new spa in Jordan's Abdali Mall
Kuwait’s leading diversified real estate development company, United Real Estate Company (URC), has signed an agreement with Jordan's Al-Adnani Group, to launch a new signature health spa in its Abdali Mall, in Amman.
Currency fluctuation hits Dubai property market
There is a moderately strong inverse correlation between money flows in the Dubai real estate market and the US dollar mainly with regard to transactions involving Indians and Pakistanis, the emirate's top property investors, said a report.
Mott MacDonald acquires UAE consultancy firm
Mott MacDonald, a multidisciplinary consultancy, said it has acquired Wideurope Engineering, a major engineering and design company based in Fujairah, the UAE.
Egypt to start work on Phase I of $45bn Capital City
SISI's PET PROJECT
Egypt said preparations were underway for the launch of first phase of its $45 billion new Capital City which will have key amenities including a business and finance centre, an expo fair city and housing units on 10,500 acres of land.
Dubai building classification work 50pc over
Dubai Land Department (DLD) has announced that its work on Dubai’s Building Classification project is now being carried out at an accelerated pace, having achieved a 50 per cent classification rate for all Dubai properties.