Indians top Dubai real estate with $3.3bn investment
Indians remain the most prolific foreign investors in Dubai's real estate sector, ranking highest both in terms of volume and value with Dh12 billion ($3.26 billion) worth of property transactions from 6,263 buyers, said a report.
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 multipurpose 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.
Orascom ropes in Aconex for US petchem project
Orascom Construction, a leading engineering contractor in region, has signed up Aconex, a provider of global platform connecting teams on construction projects, for a key role at its upcoming greenfield methanol production complex in Texas.
Future Cities Show to focus sustainability
The upcoming inaugural edition of Future Cities Show, a global platform for companies engaged in developing an advanced infrastructure, in Dubai, UAE will shed light on six core elements of sustainability.
Leminar wins British Safety Council award
Leminar Air Conditioning Industries, a leader in the HVAC (heating, ventilation and air-conditioning) ductwork manufacturing sector in the region, has won recognition from British Safety Council for maintaining a healthy and safe workplace.
Al Hassan Engineering wins Oman's Liwa project deal
Al Hassan Engineering Company said it has been awarded a RO38-million ($98 million) construction contract for a plastic project being developed by Oman Oil Refineries and Petroleum Industries Company in Liwa region of the sultanate.
Dewa nets $272m savings in utility costs
Dubai Electricity and Water Authority (Dewa) said it has achieved significant savings worth nearly Dh1 billion ($272 million) in the electricity and water sector over the last eight years, thanks to its numerous programmes and initiatives.