Magazines
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Oman floats tender for mammoth fishery harbour project
Investment in the project and infrastructure estimated at $260m. Oman has floated tenders for the construction of its largest fishery harbour project...
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Abu Dhabi’s $1bn Reem Mall gets final approvals
Urban Planning Council grants project detailed planning approval. The upcoming Reem Mall in Abu Dhabi has been granted detailed planning approval by...
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Egypt’s Orascom Construction in $420m power deal
Cairo and Dubai-listed firm to revamp Assiut and West Damietta plants. Orascom Construction says it has signed contracts worth $420m to revamp...
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China’s CSCEC wins contract for Indigo Zen development in Dubai
Contractor has started work on four show villas. Indigo Properties, the Dubai-based property developer, has announced that the China State Construction Engineering...
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UAE district cooling market ‘set to grow by 18% in five years’
Emicool looks to boost market share to 20%. The district cooling sector in the UAE is forecast to see 18% growth over...
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Abu Dhabi’s Bloom Holding begins enabling works on Park View, Saadiyat
Enabling works contract has been awarded to Gulf Foundation. Abu Dhabi-based developer Bloom Holding has begun enabling works on its Park View...
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Dubai fire: Emaar denies claims no alarms sounded
Developer says it ‘adheres to all safety standards regarding fire systems’. Property giant Emaar has disputed claims by hotel guests that no...
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Dubai real estate transactions hit $72bn in 2015
There were 63,719 deals last year, an 8% increase on 2014. The total value of real estate transactions conducted in Dubai last year...
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Arabtec shares rise 6% on Aldar contract win
Contractor lands $544m deal to build 1,017 luxury villas on Yas Island. Shares in Arabtec on Monday rose by 6% on news...
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Daimler Trucks sells over 500,000 units in 2015
Manufacturer increases sales for third year in a row. Germany’s Daimler Trucks has reported an increase in global sales to over 500,000...
