Emaar’s Q1 revenue reaches US $1.8bn

Dubai developer Emaar Properties showed consistent performance across its various businesses for the first quarter of 2024, recording revenues of US $1.8bn,...

Consultant

Back to back success for Aeon & Trisl

Aeon & Trisl is celebrating back-to-back success after the real estate broker secured two major awards in Dubai. Aeon & Trisl Real...

Property

UAE Cabinet approves $540mn aid package for citizens affected by floods

UAE authorities have approved a US $540mn aid package to support Emiratis who were affected by the recent storms, which were said...

Infrastructure

Implementation phase of railway project between Oman and UAE begins

The implementation phase for the US $3bn railway project between the Sultanate of Oman and the UAE has begun, according to Ahmed...

Financial

AESG tracks 46% growth on the back of healthy regional economic climate

AESG has attributed its positive growth in 2023 to the region’s healthy economic climate, noting that the market is creating ‘strong growth...

Construction

Azizi’s Pearl on schedule for Q1 2024 completion

UAE-based Azizi Developments has announced that Pearl, its recently launched development in Dubai’s Al Furjan, is now 80% complete and is fully...

Sustainability

ENEC launches ‘ADVANCE’ program to accelerate decarbonisation efforts

Ahead of COP28, the ENEC ADVANCE program has been announced by the Emirates Nuclear Energy Corporation (ENEC). The program aims to take...

Energy

Tabreed: Nanofluid technology breakthrough as 13.6% increase in chiller efficiency recorded at Khalifah City

Tabreed in partnership with Ireland-based HT Materials Science (HTMS), has successfully completed a groundbreaking pilot project using a revolutionary nanofluid technology named...

Financial

UAE is ranked 4th globally for renewables FDI

In 2022, the UAE successfully attracted nearly US $36bn in foreign direct investment (FDI) for renewable energy projects at the planning stage....

Industry News

ALEC elevates Barry Lewis to CEO

Two major organisational changes have been announced by ALEC Engineering and Contracting (ALEC), a part of the Investment Corporation of Dubai (ICD)....