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Mace seals Abu Dhabi mall consultancy dealNational Real Estate Company (NREC), one of the leading developers in the region, has signed up international consultancy Mace as the project manager for its new entertainment, dining and shopping venture in Abu Dhabi, UAE. Reem Mall is a two million sq ft retail, leisure, dining More… |
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Tabreed net profit increases 20pc to $88mNational Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, has posted an profit increase of 20 per cent to Dh325.7 million ($88.6 million). In addition to connecting over 118,000 tonnes of cooling (RT) to customers, the company&# More… |
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CH2M Hill-Mace JV wins key Expo Dubai site dealDubai World Trade Centre (DWTC) has appointed a consortium of US-based CH2M Hill and UK-headquartered Mace to undertake all real estate and construction delivery related programme management services for its Dubai Trade Centre Jebel Ali development. The master district developmen More… |
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Bank Muscat to buy 230 Wave villasThe Wave, Muscat, a premier mixed-use community project, has sealed an agreement with Bank Muscat for the sale of 230 residential apartments in 4 blocks at its ‘Marsa Parklands’ development to the Omani lender. The deal for the units located between the marina and new More… |
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UAE firms 'spearheading sustainable development'The UAE’s developers are setting the pace for sustainable development in the Middle East and North Africa region, driving higher regional standards in the outdoor construction and design industry, said a leading consultant. “Dubai and Abu Dhabi are definitely leading More… |
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Qatar's Nebras to develop solar power plant in JordanQatar's Nebras Power has reached a financing agreement with its partners Diamond Generating Europe (DGE) and Kawar Group for the development of Shams Ma'an solar power plant in Jordan that will have a capacity of 52.5MW, said a report. Nebras Power is a joint ventur More… |
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Mazaya calls off merger plans with Qatari firmMazaya Qatar Real Estate Development has called off its merger plans with Mackeen Holding, a closed Qatari shareholding firm, said a report. The Qatari firms had last February announced their proposed merger following talks and consultations in this regard, reported The Penin More… |
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Kuwait contractor Mushrif wins key refinery projectMushrif Trading and Contracting, one of the leading civil construction companies in the region, has won a civil works contract for the expansion of Mina Abdullah Refinery in Kuwait. The KD4.26 million ($14.46 million) contract was awarded by BV-Kuwait, a consultant of leading eng More… |
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Masdar to build solar power plants in MauritaniaAbu Dhabi’s renewable energy company Masdar has signed a contract with Mauritania’s Ministry of Petroleum, Energy, and Mines, to deliver seven solar photovoltaic (PV) projects, with a total capacity of 12 megawatts by the first quarter of 2016. The move is aimed at pr More… |
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Suez wins Oman landfill project contractSuez Environnement, a French expert group in water and waste-management services, has won a contract worth €32 million ($37 million) to design, build and operate the municipal landfill facility in Amerat, Oman. The five-year contract has been awarded to Suez Environnement More… |
