Thursday 28 May 2015

RAK Properties launches Phase Two of UAE villa project

RAK Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has announced the launch of the second phase of the Flamingo Villas project being developed as part of the Mina Al Arab community in the UAE emirate of Ras Al Khaimah. A master-develope


Hamdan university wins key FM award

UAE-based Hamdan Bin Mohammed Smart University (HBMSU) has been given the Conservation Award for a Better Tomorrow 2014-2015 in recognition of its efforts to promote a culture of responsible consumption and for its support of Dubai Plan 2021 vision to build a sustainable city. Th


Chinese lighting giant opens Mideast HQ in Dubai

Chinese lighting giant Shanghai Yaming Lighting Company has established its regional headquarters at Dubai Silicon Oasis (DSO), the integrated free zone technology park in Dubai, UAE, with an aim to step up the company’s operations across the Middle East and Africa (MEA) and the CIS (Comm


Euro Motors showroom work nears completion

Euro Motors, the exclusive dealer and distributor for luxury automotive manufacturer Jaguar Land Rover in Bahrain, said work on its $30-million showroom was nearing completion and was on track for launch in the last quarter of 2015. Located adjacent to the existing Euro Motors sh


$5.6bn Oman-India pipeline plans on track

Work on a $5.6-billion deep-water pipeline project to carry natural gas from Oman to India could begin before the end of this year, a top official said. The pipeline has the potential to carry crude oil and other petroleum products, Dr Ajay Kumar, chairman and managing director o


Seef names new managing director

The Seef board has appointed Ahmed Yusuf as the managing director of the company effective from June 1. The appointment was made during a board meeting this month, said a report in the Gulf Daily News (GDN), our sister publication. Yusuf holds a Bachelors


Work on new $30m Jaguar showroom on track in Bahrain

Work on a new $30-million Jaguar Land Rover showroom in Sitra, Bahrain, is well under way and is expected to be complete towards the end of the year.
 Euro Motors, the exclusive Jaguar Land Rover dealer and distributor in Bahrain, has announced that work is on target for its new


Egypt's MNHD approves mall project with Saudi group

The board of Egypt's Medinet Nasr for Housing and Development (MNHD) has approved an offer from a unit of Saudi Arabian retailer Fawaz Abdulaziz Alhokair to build a mall at MNHD's Teegan development, the firm said on Tuesday. Under the proposed usufruct deal, Alhokair wil


Acwa consortium inks Oman power project deal

Saudi-based Acwa Power, a leading water and power developer, owner and operator across 10 countries, has signed an agreement with Oman Power and Water Procurement Company (OPWP) for the development of the second phase of Salalah Independent Power Plant, which will have an installed capacity of


Nakheel signs up 100 restaurants for waterfront project

Leading developer Nakheel has confirmed nearly 100 restaurants and shops at The Pointe, its new Dh800 million ($217 million) waterfront retail, dining and entertainment complex, under construction on Palm Jumeirah in Dubai, UAE. The 1.4 million sq-ft facility will feature famous-

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