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Where’s the magic in the Kingdom?
Saudi Arabia is in a strong fiscal position to push on with Vision 2030 development, however it may be constrained by capacity...
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DEWA announces revenues of $1.91bn for Q2 2022
Utilities provider says it posted net profits of $710.59mn for the same period. Dubai Electricity and Water Authority (DEWA) has announced that...
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Fit-out firms that design and build their own products are in vogue
Consumers across industries are looking for businesses that offer quality services quickly, hence inclining toward fit-out companies that produce their own designs...
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47% of UAE residents aim to make their homes as sustainable as possible reveals Taqeef survey
The YouGov survey polled 1,010 respondents aged 18-50 years old. According to a survey conducted by distributor Taqeef and AC manufacturer O...
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Emaar buys out Dubai Holding stake in Dubai Creek Harbour for $2.04bn
His Highness Sheikh Mohammed bin Rashid al-Maktoum’s personal investment vehicle, Dubai Holding, will become the second largest shareholder in the developer. Developer...
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KSA opens expanded Salwa border crossing facility ahead of Qatar World Cup
Salwa port is one of the most important as it witnesses the exchange of goods and the transit of individuals between Saudi...
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Hill International appointed to provide PMC services for Aldar Properties’ projects
Consultancy will support Phase One of The Grove Project and Phase Two of Al Reeman Residences and Reeman Living. Hill International has...
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NineDot launches Tesla Megapack-based 12.32MWh energy storage site in New York City
The project received $1.2mn in financing from NYSERDA and aligns with the city’s goal of 6,000MW of energy storage by 2030. Clean...
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South Korea’s SeAH and Aramco set up specialised steel project
Construction of the factory will commence in Q4 2022, with production targeted for H1 2025. South Korean steel giant, SeAH Group, has...
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TAQA reports a 50% increase in net income to $1.17bn for H1 2022
Strong performance underpinned by stable contracted and regulated utilities business, and buoyant commodity prices. Abu Dhabi National Energy Company (TAQA) has reported...
