Abu Dhabi set to close $872m financing for solar plant

Abu Dhabi’s government-owned power utility aims to close a financing package for a $872 million solar power plant, which will be the...

Property

Dubai’s Emaar hires new CEO for development

Dubai’s Emaar Properties has hired a new chief executive to head development, it announced in a statement. In an emailed statement, a...

Fleet

Dubai’s Mall of the Emirates installs nine Tesla chargers

Following the recent official launch of Tesla in the UAE, the Mall of the Emirates has installed nine Tesla Destination Charging connectors...

Construction

RAK Properties signs $3m works contract for resort

RAK Properties, Ras Al Khaimah’s largest listed property developer on the Abu Dhabi Stock Exchange, has announced the signing of a $3.13...

Construction

Dutco finalises acquisition of Balfour Beatty minority shares

Dutco, the UAE-based company with operations in construction, manufacturing, oil and gas and hospitality, has said that it has finalised the acquisition...

Infrastructure

$84bn in active projects in the UAE utility sector

There are currently 401 active projects in the UAE’s utility sector, with an estimated project value of $84 billion, a report by...

Sustainability

Old AC units setback to sustainability drive – Daikin

Prolonged use of old air conditioners is detrimental to sustainability and energy conservation initiatives as aging units draw more power, resulting in...

Infrastructure

Middle East Rail to focus on disruptive forces and tech

More than 350 global construction and engineering companies, contractors and solution providers, as well as regional and international railway operators will participate...