Majid Al Futtaim sees revenue drop 3% to $4.70bn in H1 2020

Developer says large-scale business disruption and cautious consumer sentiment due to COVID-19 pandemic caused decline. Majid Al Futtaim, the UAE-based shopping mall,...

RCU announces new eco-friendly resort in AlUla

AlUla’s heritage sites are set to re-open to visitors in October. The Royal Commission for AlUla (RCU) said that it has started...

KSA’s PIF launches Roshn to develop ‘world-class, integrated urban communities’

New entity will develop communities that following leading international principles and practices in community planning and design. Saudi Arabia’s Public Investment Fund...

Enec: Barakah nuclear plant now sending megawatts of power to UAE grid

Unit 1’s operators will now begin the process of gradually raising the power levels, known as Power Ascension Testing (PAT). The Emirates...

Azelio and ALEC Energy to build verification project in Abu Dhabi in Q3 2020

Installation is to evaluate Azelio’s energy storage tech for inclusion in the Masdar product portfolio for current and future renewable energy projects....

Azizi completes cloud upgrade project

Firm says it is redirecting savings it has realised as a result of the upgrade into community enhancements. Azizi Developments has announced...

Fluor led JV announces completion of clean fuels project in southern Kuwait

Once commissioning is complete, both refineries will have a capacity of 800,000 barrels per day to meet local and international demand for...

Dubai Municipality develops 70 new parks and playgrounds in various residential areas of emirate in 2020

Move increases the total number of parks in Dubai to 185. Dubai Municipality has developed 70 new parks and playgrounds in various...

Phase Two work on track for Bahrain’s Water Garden development project

Works, Municipalities Affairs and Urban Planning Minister inspects progress on 60,000sqm site. Bahrain’s Works, Municipalities Affairs and Urban Planning ministry has said...