Monday 20 February 2017
 
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Oman in first private power plant contract extension

Oman Power and Water Procurement Company (OPWP) has signed a deal formally allowing Al Kamil Power, one of the country's earliest Independent Power Projects (IPP), to remain in operation for another four years beyond its existing contract which expires in 2017, said a report.

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Dubai launches new 3D technology centre

The Dubai Future Foundation (DFF) has launched the Future Design Centre, a global strategic initiative, which serves to support foundation activities in future-related studies, 3D technology, and modern physics fields. The announcement was made at the recently concluded fifth Wor

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ABB wins $70m power gear deal for Europe rail

ABB, a pioneering technology leader, has won orders worth $70 million from Swiss train manufacturer Stadler to supply state-of-the-art traction and onboard power equipment to three European rail operators. The new equipment will enable more sustainable regional and suburban trans

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Russia's Forum eyes big role in UAE property market

The Forum Group, a leading Russian property developer based in Dubai, aims to turn a major player in the UAE property market with the launch of its one-of-a-kind ultra luxury project on the Palm Jumeirah. XXII Carat offers beachfront resort-style living on the Palm Jumeriah next

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Saudi Arabia to hand over 120,000 housing units

The Saudi government is set to hand over 120,000 residential units to its citizens across the kingdom under an ambitious housing programme named ‘Sakani’, which was launched on Wednesday (February 15), said a report. This is part of the total 280,000 housing units and

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Berger’s ‘Colours of Arabia’ wins top CSR award

Berger, one of the world's premier paints and coatings manufacturers, said its ‘Colours of Arabia’ campaign  won top honours at the Gulf Sustainability and CSR Awards ceremony held in Dubai, UAE. The company's CSR initiative, ‘Colours of Arabia&rsqu

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Majid Al Futtaim set to open mega mall in Egypt

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, is gearing up for the opening of its ambitious retail venture Mall of Egypt on March 2. Located in 6th of October City on Al Wahat Road, the two-level mall

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UAE real estate sector to face another tough year

With the fallout from low oil prices and continued currency woes, it is no surprise that 2016 was a tough year for the UAE's real estate market, according to leading ratings agency S&P. Dubai's residential prices dropped by eight to 11 per cent on average and rent fel

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Forum puts focus on career in green buildings sector

Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, joined hands with Heriot-Watt University, Dubai, to host a ‘Student Forum’ that highlighted career opportunities in the gr

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Meraas appoints agent for Bluewaters residences

UAE developer Meraas has appointed Core Savills as the exclusive agent for the sale of luxury residences at its waterfront destination Bluewaters, a vibrant cosmopolitan island that will also be home to Ain Dubai, the world’s largest observation wheel. The Bluewaters, situa

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