Wednesday 10 February 2016

Shurooq partners with Emaar, Eagle Hills to set up Sharjah realty JV

The Sharjah Investment and Development Authority (Shurooq) has signed a partnership agreement with Dubai's Emaar Properties and Abu Dhabi-based property developer Eagle Hills to set up a new real estate company in Sharjah. The new venture, Omran Properties, will develop inves


Emaar to develop new iconic tower at Dubai Creek

Dubai developer Emaar is set to start work on a new tower combining Islamic and modern architecture on the shores of the Dubai Creek following the approval of its engineering design by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of


Bahrain’s Riffa Views work on track

Poullaides Construction Company, a leading regional player in the building and civil engineering sector, said work was in full swing to develop a total of 61 villas at Riffa Views' residential complex Parks Estate in Bahrain. Riffa Views is Bahrain’s first master-planned golf


Iraq dismisses warnings on Mosul dam collapse

Iraq's minister of water resources has played down warnings that Mosul dam will collapse, estimating only a "one in a thousand" chance of failure and saying the solution was to build a new dam or install a deep concrete support wall. The US military has warned that


Iraqi PM dismisses Baghdad security wall plan

Iraqi Prime Minister Haider Al Abadi on Saturday dismissed plans announced by the military this week to build a concrete wall around Baghdad in a bid to prevent attacks by Islamic State militants. "Baghdad is the capital of all Iraqis," he said in a statement. "The


Gulf Industry Fair to host innovative forum

Gulf Industry Fair, the Northern Gulf region's biggest showcase for the industrial sector, will host the inaugural 'Innovation for Industry Forum' on February 10 in Bahrain. The forum will add an important dimension to a show format that is already renowned as a valua


CPL to break ground on Dubai warehouse facility

Centre Point Logistics (CPL), a leading UAE-based provider of logistics, warehousing, and storage facilities, is set to strengthen its regional and global market foothold further with the upcoming groundbreaking of its new hitech warehouse in Dubai. The new 22,550-sq-m facility i


Firms losing millions due to poor project management

Organisations around the world waste an average of $122 million for every $1 billion spent on projects as a result of poor project management practices, said a report. This represents an increase of 12 per cent over last year, stated Project Management Institute’s (PMI) 201


Saudi Arabia to fast-track causeway, rail line work

Saudi Arabia is to fast-track a second causeway with Bahrain and a planned rail link, said a report. Work on the project has been effectively started by the Saudis and the plans included reclaiming an island on which a passenger station and a cargo yard were to be built, reported the


Facelift for gardens under way in Bahrain

A new initiative to beautify rundown public parks and gardens in Bahrain’s Northern Governorate got under way yesterday (February 4) at the Duraz Public Park, which was destroyed by vandals last month. The scheme is spearheaded by the Northern Governorate in co-ordination with Nasayem A

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