Sunday 21 October 2018
 
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Abu Dhabi begins work on two new school projects

Abu Dhabi General Services Company Musanada has started work on two school projects - the Mohamed bin Zayed School in Abu Dhabi and the Jebel Hafeet School in Al Ain. The schools, which are being built at an investment of Dh288 million ($78.3 million), will come up over a 117,000

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Terex picks ASC as Genie distributor in Qatar

Terex Corporation, a global manufacturer of lifting and material processing products, has appointed Arabian Supply Center (ASC), an affiliate of the Qatari Al Jaber Group, as its new distributor for Genie boom lifts, scissor lifts and telehandlers in Doha. The appointment comes a

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Deyaar's revenue for nine months hits $121m

Deyaar, a leading property developer in Dubai, UAE, has registered a revenue of Dh446 million ($121 million) for the first nine months when compared to Dh511.9 million ($139 million) for the same period last year. Announcing the results for the nine-month period ending September

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Emaar unit to distribute $283m special cash dividends

Emaar Development, the UAE build-to-sell property development business of top developer Emaar, said it has approved the distribution of special cash dividends worth Dh1.04 billion ($283.15 million) representing 26 per cent of the share capital (26 fils per share) to the shareholders.

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Mace Macro names new regional director

Global consultancy and construction group Mace said its facilities management unit, Mace Macro, has appointed Michael Coley as the new director for the Middle East, North Africa and Pakistan (Menap) region. In this role, Coley will lead the managed services team and work across t

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Gemini Property Developers names new CEO

Gemini Property Developers, a boutique real estate developer based in Dubai, has appointed Sunil Gomes as its new chief executive officer to strengthen its management team as the company embarks upon expansion. Gomes, a UK citizen, brings a wealth of 30 years real estate experien

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Bahrain highway expansion work completed

Bahraini authorities said they have completed the work on Nasser Bin Jabr Al Jabr Avenue Expansion project in Seef District of the kingdom. The project involved the construction of an additional lane, running 1.25 km long, to ease incoming traffic from the west of Street 40 to Ki

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Oman completes construction of major dam

Oman has completed the construction of a major flood protection dam in the Sur region of the South Al Sharqiyah Governorate, said a report. Fitted with floodgates capable of pumping 900 cu m/per second of water, the dam has a large reservoir with a storage capacity of around 22 m

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Schneider Electric showcases mixed reality innovations

Schneider Electric, a leader in digital transformation of energy management and automation, is showcasing the latest innovations in mixed reality at the ongoing Gitex Technology Week 2018, in Dubai, UAE. Gitex Technology Week, a major information and communications technology (IC

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Dubai property market 'best bet for HNWIs'

With its high gross domestic product (GDP) per capita and investments in building a world-class infrastructure, Dubai guarantees strong returns for all international investors who are buying premium residential real estate in the UAE emirate, according to leading property developer Emaar. 

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