Magazines
-
RAK Ceramics reports 10.2% increase in annual profits
Gross margin from its core business rose to 29.3%. RAK Ceramics has reported a 10.2% increase in its annual profits, which rose to...
-
Dubai’s Nakheel ‘seeks $1.4bn loan to fund projects’
Developer declined to comment on reported talks with banks. The Dubai-based developer Nakheel is looking to borrow AED 5 billion ($1.4bn) from...
-
New Muscat airport ‘on track for completion in 2016’
Project was 86% complete at end of last year, Oman official says. Construction of the new Muscat International Airport will be completed...
-
Oman ‘may focus on domestic rail rather than GCC network’
Sultanate might use railway system to facilitate sea exports. Oman may focus on building its domestic rail system rather than connecting to the...
-
Abu Dhabi’s Aldar ‘monitoring property supply’
Developer watching how many units it releases after ‘slowdown’ in market. Aldar Properties is monitoring its supply of units to the market after...
-
Dubai’s RTA to make telematics mandatory for heavy vehicles
Authority is setting up a centre to monitor for violations. Dubai’s Roads and Transport Authority (RTA) is set to make telematics devices...
-
Oman’s Galfar Engineering in efficiency drive
Contractor appoints consultancy Roland Berger in attempt to boost performance . Galfar Engineering and Contracting, one of the largest construction firms in...
-
RAK Properties appoints two US firms for Mina Al Arab resort
Perkins Eastman and Wilson Associates to work on hotel project. RAK Properties has announced the appointment of two American firms to provide...
-
Dubai’s RTA: $2bn budget includes 12 new road projects
Transport authority to develop 55 major infrastructure projects in 2016. The Roads and Transport Authority of Dubai has announced that it has...
-
Dubai’s DP World looks to invest $1bn in India
Operator already holds six port concessions in the country. Ports operator DP World is seeking to invest over $1 billion in India...
