Coronavirus: Dubai Holding and Meraas announce $272mn economic relief package

Package designed to partially alleviate vulnerable businesses and individuals within Dubai Holding and Meraas ecosystem. Dubai Holding, the global investment holding company,...

Oman awards $3.6mn contract for hospital development

The hospital is being constructed for the country’s Ministry of Health and the contract was awarded by the Oman Tender Board. The...

SCCI and Etihad Rail call on relevant business sectors to participate in national rail project

Meeting between SCCI and Etihad Rail discussed avenues of cooperation and ways to introduce emirate’s business community to the importance of the...

Installed solar PV capacity in Dubai reaches 125MW in 2019, says Sharaf DG Energy

Company states that solar PV systems can offset significant energy needs thus resulting in tangible yearly savings . Sharaf DG Energy has...

Corononavirus: Edamah issues one-month moratorium on rent for F&B and retail tenants

Firm is the real estate investment arm of the Kingdom's sovereign wealth fund. The Bahrain Real Estate Investment Company (Edamah) has issued...

State Grid Corporation of China completes 49% acquisition of Oman’s OETC

SGCC will utilise technologies and experience in grid operations management, with local partners, to improve operational safety and distribution capacity of Sultanate’s...

Kleindienst Group says two phases of Heart of Europe to be delivered in October 2020

Work on The World leisure islands in full swing. Kleindienst Group, the UAE-based property developer, has announced that work is in full...

SRTA completes $1.2m road improvement project for Al Dhaid City

Project is part of authority’s annual plan to develop roads and boost infrastructure across emirate. Sharjah Roads and Transport Authority (SRTA) has...