DEWA to invest $23.4bn into energy sector over next five years

Dubai Electricity and Water Authority (DEWA), which has drawn considerable investments to the UAE from the private sector and foreign banks, says...

Construction

Damac completes structure of Tower B at Aykon City project

Damac Properties, the Duba-based luxury project developer, has said that it has achieved a key milestone on its Aykon City Project, on...

Property

Sobha Realty witnesses surge in international investors in Q3

Dubai-based real estate developer, Sobha Realty, announced that it has registered a successful third quarter, and has recorded a significant increase in...

Machinery

Euro Auctions reports rise in lot prices, bidders and online bids at September Dubai sale

Euro Auctions has reported a year-on-year increase of 63% in average lot prices at its September sale in Dubai while first-time bidder...

Construction

United Foods Company awards large-scale solar power plant contract

United Foods Company has awarded a large scale solar power project to UAE-based sustainable energy provider, Yellow Door Energy. Under the terms...

Property

JLL: UAE property market remains ‘tenant-favourable’ in Q3

JLL’s latest UAE Real Estate Market Performance report says that sectors across the UAE’s property market continue to be tenant-friendly in the...

Construction

IHCO to build 200 houses for flood-affected people in Sudan

The Ajman-based International and Humanitarian Charity Organisation (IHCO) has said that it has laid the foundation stone for a new residential community,...