Saturday 25 October 2014
 
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Doble Engineering opens new Dubai office

Doble Engineering, a global leader of diagnostic test solutions and consulting and testing services, has expanded its global footprint by opening a new office in Dubai, UAE. A company owned by Esco Technologies, Doble said the office will offer the company's full consulting a

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GCC housing shortage to top 1m units by 2018

The young demographic structure of the GCC region is creating a surge in demand for housing that could lead to a shortage in excess of one million units by 2018, a report said. With the GCC region set to face a massive shortage of housing, governments need to pursue more holistic

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Saudi developer to invest in stocks

Jazan Development Company (Jazadco), a leading Saudi company specialising in agricultural activity, said it has won approval from the company's board, to invest SR20 million ($5.3 million) in Tadawul-listed shares. Jazadco said the investment will be made through company'

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SNC-Lavalin nets $37m Dubai district cooling deal

SNC-Lavalin, a leading engineering and construction group, said it had won a $37-million contract from UAE cooling company Tabreed to develop district cooling facilities for a resort in Dubai, UAe. The facilities will be built at Meraasland Themed Entertainment Resort, which is p

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Saudi expo to draw construction industry giants

Leading construction heavyweights from across the world will be in Riyadh, Saudi Arabia, to showcase their cutting-edge technologies and network among industry peers at the Saudi Build 2014. To be held at the Riyadh International Convention and Exhibition Centre from November 10

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Foyer wins UAE school fit-out contract

Abu Dhabi-based Foyer Décor, a major interior design and decoration company, said it has won a contract to carry out interior fit-out and supply furniture for a boys school in the UAE. Foyer general manager Tamara Mehyar said the contract for the Sheikh Zayed Academy for B

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Diyar Al Muharraq residential plots sold out

Diyar Al Muharraq, a leading urban developer based in Bahrain, has announced 100 per cent sale of its plots at its residential community unit, Sarat, in the kingdom. The plots, located at a prime location within the Diyar Al Muharraq project in Muharraq, were launched for sale in 2013.

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Al Tijaria invests in $10m Turkey farmlands deal

Kuwait-based Al Tijaria Real Estate Company has entered into a new $10 million investment deal in Turkey. The investment, which was through a special purpose company in alliance with other investors, is aimed at buying and developing pre-targeted farmlands in an area of 10 millio

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Damac opens luxury hotel in Dubai’s Burj Area

Leading real estate developer Damac Properties has opened a luxury serviced hotel featuring 211 deluxe suites in Burj Area, a popular shopping and tourism district in Dubai, UAE. Canal Views is the company’s second project in the area following the launch of Damac Maison &n

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Saudis pump $879m into Dubai real estate

Saudis have emerged the second biggest investors in Dubai's property sector among the GCC states pumping Dh3.3 billion ($879 million) into the emirate's real estate during the first half, said an expert. The UAE nationals had sealed transaction deals worth $3.4 billion, a

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