Hira Industries starts work on 9,300sqm expansion of production facility in RAKEZ

Expansion and diversification plan will add extra capacity and expand operational footprint. Hira Industries, a MEP and civil construction product supplier, has...

DEWA to be listed on Dubai Financial market ‘soon’

Listing is part of the Securities and Exchange Higher Commission’s strategy to increase the Dubai stock market to $816.5bn. Sheikh Maktoum bin...

Saudi Arabia’s REDF signs deal to refinance $2.6bn real estate portfolio

Funding partnership agreement will enhance the financial sustainability of the fund. The Real Estate Development Fund has announced the signing of a...

DGDA and Saudi Sports for All Federation signs MoU to turn Diriyah Gate into a sporting destination

Diriyah Gate Development Authority and Saudi Sports for All Federation signs MoU to turn Diriyah Gate into a sporting destination. The Diriyah...

Empower acquires Dubai International Airport’s district cooling systems for $299mn

Facility’s capacity is said to be equivalent to 11 times the consumption of the Burj Khalifa. The district cooling system for Dubai...

Guinness World Record awards DEWA for world’s first 3D-printing laboratory

The lab is part of the Research & Development (R&D) Centre at the Mohammed bin Rashid Al Maktoum Solar Park. The Dubai...

India minister tells Expo 2020: “We need to spend $700bn on urban infrastructure”

Modernisation of urban transport central to country's plans to expand economy, says minister. Kunal Kumar, Joint Secretary and Mission Director (Smart Cities...