Tuesday 28 March 2017
 
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Indians top Dubai real estate with $3.3bn investment

Indians remain the most prolific foreign investors in Dubai's real estate sector, ranking highest both in terms of volume and value with Dh12 billion ($3.26 billion) worth of property transactions from 6,263 buyers, said a report released ahead of a major industry event. The

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Orascom ropes in Aconex for US petchem project

Orascom Construction,  a leading global engineering and construction contractor primarily focused on infrastructure, industrial and high-end commercial projects in the Middle East and North Africa (Mena) region, has signed up Aconex to manage project information and processes for a top gre

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Future Cities Show to focus on sustainability

The upcoming inaugural edition of Future Cities Show, a global platform for companies engaged in developing an advanced infrastructure, in Dubai, UAE will shed light on six core elements of sustainability. Held under the theme ‘Sustainability, Innovation and Happiness&rsquo

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Leminar wins British Safety Council award

Leminar Air Conditioning Industries, a leader in the HVAC (heating, ventilation and air-conditioning) ductwork manufacturing sector in the region, said it has won key recognition from the British Safety Council in recognition of its commitment to keeping its workers and workplaces healthy and s

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Al Hassan Engineering wins Oman's Liwa project deal

Al Hassan Engineering Company said it has been awarded a RO38-million ($98 million) construction contract by Oman Oil Refineries and Petroleum Industries Company (Orpic) for its $3.6-billion plastic project coming up in Liwa region. The contract was awarded by CCJV, a joint ventu

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Dewa nets $272m savings in utility costs

Dubai Electricity and Water Authority (Dewa) said it has achieved significant savings worth nearly Dh1 billion ($272 million) in the electricity and water sector over the last eight years.   Thanks to the numerous environmental programmes and initiatives and key awareness and

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Qatar starts work on new multi-level interchange

Qatar's public works authority Ashghal is set to start work on a new multi-level interchange on the New Orbital Highway and Truck Route in line with its plan to upgrade the existing roundabout. In co-ordination with the General Directorate of Traffic, new routes for the four

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Oman's Sezad awards $1.6bn construction contracts

Oman's Special Economic Zone Authority at Duqm (Sezad) has awarded RO625 million ($1.62 billion) construction contracts till date and with new infrastructure projects in the tendering stage the figure is set to hit a new high, according to a report. Sezad has also awarded a c

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Qatar to bring changes to property leasing law

The Qatar cabinet has approved a draft law amending some provisions of regulation regarding property leasing, according to a report. Under the new amendment, the lease shall incorporate the names, nationalities and addresses of the property owner and the tenant, reported

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Empower’s transmission pipelines cross 236 km

UAE-based Emirates Central Cooling Systems Corporation (Empower), a leading district cooling services provider, has revealed that its network of district cooling transmission pipelines crossed 236 km by the end of 2016. The remarkable expansion of Empower’s network of distr

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