Sunday 24 May 2015

Majority UAE expats keen to buy apartments in India

More than 79 per cent of the Non-Resident Indians (NRIs) based in the UAE are looking to buy an apartment in India rather than investing in plot or land or in villas (commercial or retail), commercial or retail, said a report. Among the major cities, Bangalore tops the chart for


Fila wins Jumeirah stone protection contract

Fila Surface Care Solutions, a global, eco-focused company based in Italy, has won a new contract from Jumeirah International to provide stone protection of all marble surfaces used during the Phase Four of Madinat Jumeirah in Dubai, UAE. The company's line of products consis


Mideast FM group to expand health, safety courses

The Middle East Facility Management Association (MEFMA) said it has joined forces with learning and development specialist International Workplace to expand its range of courses in the GCC region and beyond. The new Mefma course programme will provide a wide range of courses in h


Oman Rail floats key construction tenders

Oman Rail has floated tenders for the construction of an additional 1,207 km of railway infrastructure linking the country’s three maritime gateways at Sohar, Duqm and Salalah with the GCC rail system, said a report. Through back-to-back tenders, the Omani company aims to c


Oman to pump $6.5bn into water infrastructure projects

Oman is set to spend around RO2.5 billion ($6.5 billion) for the expansion and modernisation of the sultanate’s water infrastructure over the next 25 years, said a report. This comes as part of the government's ambitious strategy to design, develop and execute an effici


Bahrain to build 10 new schools

Bahrain plans to build 10 new schools over the next three years, Education Minister Dr Majid Al Nuaimi said yesterday. He said 11,000 new students are expected to start their schooling next year, reported the Gulf Daily News, our sister publication. The mi


Seera in deal to develop UK housing units

Bahrain-based Seera Investment Bank has announced the successful completion of a new transaction in the UK Dementia Care sector. The transaction comprises a Sharia-compliant equity investment in a dementia care focused housing development in London, UK, reported the Gulf Dail


Qatar developer unveils new partnership plan

SAK Holding Group, a leading Qatari real estate developer, has launched a novel initiative under which all land and property owners in capital Doha can partner with them for development of key properties and earn attractive returns. The "partner with us" is aimed at hel


Alfardan's Qatar luxury project wins top award

Alfardan Properties, a leading luxury lifestyle solutions provider in Qatar, said it has won a major award for its luxury residential real estate projects at the 2015 Luxury Lifestyle Awards held recently in Dubai, UAE. The ‘Luxury Residential Real Estate of Qatar’ aw


Oman to award major power plant project

Oman Power and Water Procurement Company is set to sign agreements with a consortium comprising Mitsui & Company, Saudi-based Acwa Power and Dhofar International Development and Investment Holding Company (DDIC) for the development of the second phase of Salalah Independent Power Plant.

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