Monday 30 November 2015

Clamp on cables firm in Saudi Arabia

Saudi authorities have halted the production of a specific type of cables at a manufacturing plant in the industrial area of Madinah, a report said. The cables did not conform to Saudi standards and specifications, an Arab News report quoted an official from the Ministry of Comme


Historic Arad site on offer to investors

A popular historical site on the Muharraq seafront will be opened up to investors. The Muharraq Municipal Council yesterday decided to offer the Arad walkway, near Arad Fort, to investors to open restaurants and cafés, said a report in the Gulf Daily News (GDN), our sister pub


Dubai to install solar panels on all buildings by 2030

Dubai will spend billions of dollars on generating clean energy, the government said on Saturday, aiming to have solar panels installed on the roofs of all buildings by 2030. The fast-growing desert city state of 2.4 million, located in one of the hottest regions of the world, us


UPAC completes auto parking installation work

United Projects for Aviation Services Company (UPAC), a leading commercial real estate and facilities management company, said it has completed Phase Two of the installation of a new automated car parking system at the Kuwait International Airport. This car park system, a first-o


Enec achieves key construction milestones

UAE’s Emirates Nuclear Energy Corporation (Enec) has accomplished several key construction milestones on Barakah Nuclear Power Plant (Barakah NPP) as it move towards completion of a clean energy project by 2020. The major accomplishments include the completion of a 2,000-to


Perkins+Will wins top ME architecture award

Leading international architectural and design firm Perkins+Will has won top honours at the eighth annual Middle East Architect Awards ceremony held in Dubai, UAE. The big industry accolade came for its diverse range of distinctive and innovative project designs, said the company


Kingdom Holding, Alinma plan $2.2bn Jeddah fund

Saudi Arabia's Kingdom Holding said on Sunday that its affiliate Jeddah Economic Co had agreed with Alinma Bank to establish an SR8.4 billion ($2.2 billion) real estate development fund for Jeddah project. Jeddah Economic Company is the owner and developer of the Jeddah Econo


Damac tops out Dubai Marina residential tower

Luxury developer Damac Properties said its 94-level tower ‘Damac Heights’ in Dubai Marina area has been topped out. On completion next year, it will be the seventh tallest residential tower in the UAE. The façade work at the $653 million project has already rea


Work to start on King Salman tower soon

The construction of two 12-storey hotel towers of King Salman Bin Abdulaziz and Prince Sultan Bin Abdulaziz investment towers in Makkah is likely to begin in soon, said a report. The projects which are to come up on a joint area of 5700 sq m on a plot of land owned by the Associa


Saudi may lift cement, steel export curbs

Saudi Arabia is considering lifting partial export bans on cement and steel to relieve oversupply in the local market, economic news website Al-Eqtisadiah quoted a customs department official as saying on Sunday. Saudi government bodies are studying whether to ease restrictions o

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