Saturday 25 February 2017

Bahrain on fast track with $8.1bn projects

Bahrain is making rapid progress on significant projects with a total worth of more than $8.1 billion, said a senior government official. Shaikh Mohamed bin Khalifa bin Ahmed Al-Khalifa, Minister of Oil, was delivering the keynote address at Bahrain British Business Forum (BBBF)


Dubai residential property prices down 3.72pc in January

Residential property prices in Dubai's rental market fell by 3.72  per cent year-on-year in January due to a sharp drop in both apartment and villa prices compared to the same period last year, said a report. The Dubai Residential Property Rental Price Index for all residentia


GCC set to pump $320bn into power projects

The total value of GCC power projects in the pipeline stands at more than $320 billion at present, of which over $100 billion are linked to the renewable and alternative sources, according to a report. In recent years, the interest in renewable energy across the GCC has been on t


Dewa’s Smart Centre gets good response

Dubai Electricity and Water Authority’s (Dewa) said its Smart Centre has achieved remarkable results with growth in smart adoption surging from 64 per cent in 2015 to 70 per cent last year. The Smart Centre was launched as part of the Customer Happiness Centre and aims to i


Abu Dhabi sees big demand for affordable lodging

The demand for affordable lodging is now fiercer than ever, say industry experts, as Abu Dhabi sets its sights on welcoming 7.9 million annual tourists to the region by 2030. With an estimated 74,000 hotel rooms required to host the influx of visitors, leading international archi


RTA completes Phase I of smart parking project

Roads and Transport Authority (RTA) has completed the initial phase of the smart parking project covering controlled parking at Al Rigga and the World Trade Centre areas at the Sheikh Zayed Road in Dubai, UAE. The project comes as part of RTA’s efforts to provide smart serv


Damac launches investor relations app

Damac Properties, a luxury real estate developer in the UAE, has launched a new application that provides convenience and real time share performance and related information for its investors. Available on Apple store and Google Play, Damac Investor Relations (IR) App will enhanc


Siemon publishes guide on PoE lighting apps

Siemon, a leading global network infrastructure specialist, has published a new guide on the Power over Ethernet (PoE) lighting applications. The ‘Zone Cabling and Coverage Area Planning Guide: 60W PoE Lighting Applications’ will provide guidance to infrastructure des


Bechtel wins Saudi NPMO project contract

Bechtel, a global leader in engineering, procurement, and construction, has been awarded a contract to support the setting up and operation of the National Project Management Organization (NPMO) in Saudi Arabia. NPMO (also known as Mashroat) plays a key role in improving the gove


Qatar-Turkey JV wins World Cup stadium contract

Qatar's Supreme Committee for Delivery & Legacy (SC) has signed up a joint venture between local construction group Al Jaber Engineer (JEC) and leading Turkish construction firm, Tekfen Construction, as the main contractor for a 2022 FIFA World Cup stadium in capital Doha.

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