Qatari investors 'eyeing Dubai property market'
Dubai is fast turning into a key real estate investment destination for Qatari investors, thanks to its safe haven status and guaranteed ongoing returns on investment, said industry experts.
UAE boosts Expo 2020 infrastructure spending
REAL ESTATE, TOURISM PROJECTS
The UAE is expected to boost its expenditure this year, primarily in areas of infrastructure and developmental enterprises, buoyed by the ongoing preparations for the mega event Expo 2020 Dubai, said a real estate expert.
Saudi Arabia gears up for giant construction expo
The Big 5 Saudi, the fastest growing construction show in the kingdom, kicks off in Jeddah tomorrow with more than 500 exhibitors from across the globe taking part.
Alara signs Oman copper concentrate supply contract
35,000 wmt PRODUCTION
Alara Resources, an Australian minerals exploration company with a portfolio of projects in the GCC, said one of its units has signed an off-take agreement for the supply of copper concentrate from the Washihi Reserve in Oman.
$27bn fund to accelerate Dubai's ‘green’ ambitions
Supreme Council of Energy reviewed the progress of its key initiatives that support UAE Vision 2021 and its objective to create a clean and sustainable environment through a $27-billion fund, and help Dubai attain a green economy.
Bahrain engineers seek reservation for mini projects
Bahrain’s engineers are lobbying for new rules that will make it mandatory for foreign firms to have tie-ups with local partners to secure big-ticket projects besides urging authorities to reserve mini contracts for local firms.
UAE joins world to mark 1oth Earth Hour
The UAE joined the rest of the world for the 10th annual Earth Hour by turning off lights at all landmarks and other famous sites on Saturday as part of a global effort to back action on climate change.
Dulsco breaks ground on hitech recycling plant in Dubai
500,000 sq ft FACILITY
Dulsco, a leading environment solutions provider in the UAE, has broken ground on its new 500,000-sq-ft recycling facility being developed at an estimated cost of Dh25 million ($7 million) within the Dubai Industrial Park premises.
Bahrain mulls fund for rebuilding dilapidated homes
A national fund to help rebuild dilapidated homes in Bahrain could be launched with money taken from government coffers and investors, reported the Gulf Daily News, our sister publication.
Falconcity of Wonders unveils key project at China expo
Leading UAE developer Falconcity of Wonders is showcasing its ambitious mixed-use megaproject in Dubai, at the ongoing Dubai Property Show (DPS) – Shanghai, China.
Geze offers smart solutions for GCC healthcare sector
Geze, a global leading player in building technologies, is introducing innovative doors and window solutions for smart building management systems used in healthcare infrastructure across the Middle East region.
Al Duqm wins $163m Oman chemical project contract
Oman-based Al Duqm Global Construction said it has won the main contract for the construction of the sultanate's first sebacic acid plant being developed at a cost of RO63 million ($163 million) in Duqm region.