Emaar Properties signs final terms relating to issuance of $500m trust certificate

Issuance is part of developer’s $2bn Trust Certificate Issuance Programme. Emaar Properties, the Dubai-based developer, has announced that it has signed final...

SNC-Lavalin wins $39mn contract from Al Yasat Petroleum

Al Yasat Petroleum is a joint venture between Abu Dhabi National Oil Company and China National Petroleum Corporation. Al Yasat Petroleum has...

Siemens activates new smart transformer at TRANSCO’s substation

The activation of the Siemens Sensformer is the first time the technology has been used in the Middle East. The Abu Dhabi...

Vida Marrasi Al Bahrain superstructure works complete, developer says

Milestone achieved two months ahead of schedule, Eagle Hills Diyar says. Eagle Hills Diyar, the developer behind Bahrain’s Marassi Al Bahrain waterfront...

ELM wins construction contract for Barraquer-UAE Eye Hospital

The Barraquer-UAE Eye Hospital will be financed by Grandis Investment Company, the investment firm behind the project. Grandis Investment Company has awarded...

SSH designs mixed-use hospitality project in Morocco

Project includes a St. Regis Resort Hotel with separate branded villas and a residential component comprises apartment units of varying size. SSH...

Aldar launches new offices for Provis and Khidmah subsidiaries

Offices will help companies deliver value to their clients. Aldar Properties has inaugurated the new headquarters for its Provis and Khidmah subsidiaries...

Axalta to acquire UAE-based Capital Paints

Global coatings giant looks to expand MENA offering with regional architectural powder coatings manufacturer. Global liquid and powder coatings manufacturer Axalta has...

Oman’s Majis Industrial Services signs up with Unicorn International for Sohar solar plant

1.3MWp solar PV plant to reduce CO2 emissions by over 1,400t annually. Omani water solutions provider Majis Industrial Services has signed an...

RTA inspects Route 2020 train equipment in Poland

Authority visits Alstom’s train manufacturing facilities in Poland as part of timetable of delivery of trains for project. A technical delegation from...