Time is now for hospitality investment

Developers and investors should focus on UAE, KSA and Oman as growth markets in the region. Developers and investors in the Gulf,...

Empower expects DC market to grow in 2012

District cooling firm registers 30% growth from hotel customers at the end of April. Emirates Central Cooling Systems Cooperation (Empower) announced on...

High-level Swedish delegation visits Doha’s Msheireb Enrichment Centre

Party also briefed on the progress of the $5.5bn Msheireb Downtown Doha project. Msheireb Enrichment Centre, a floating educational and community facility...

DSI posts $11.7m in net profit for the first quarter of 2012

Contractor eyeing expansion into North Africa and Asia following the establishment of new offices in India and Algeria, with a focus on...

Time lapse video: Liebherr LR1750 building Kazan Stadium

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Scania uncertain on Middle East as Arab Spring hits results

Swedish truck-maker Scania says it has seen deflated sales in the Middle East as a result of the Arab Spring. While sales...

UAE firms sign deals worth $60m at Project Qatar

Dubai Exports CEO says around $1.06bn in deals will be finalised in 2012 as a result of exhibition. UAE based companies that...

Dubai Exports: UAE to earn $1 billion from Project Qatar

Dubai Exports, the promotion arm of Dubai’s Department of Economic Development, claims that UAE companies are expecting $1 billion in business from...

Arabtec refutes reports of Aabar’s 53% stake

Construction giant confirms that Abu Dhabi based investment firm only holds 20.76% stake in company. Arabtec Holdings, the Dubai based construction firm,...