Wednesday 7 December 2016

New solar power plan for Bahrain homes

New solar technology will be installed in Bahraini homes allowing people to generate their own power, reported the Gulf Daily News, our sister publication. To read further, please visit GDNo


Naseej acquires 24-storey residential tower in Bahrain

Naseej announced it has signed an agreement to acquire Cielo Tower – a 24-storey, luxury residential tower in the Juffair district of Bahrain, reported the Gulf Daily News, our sister publication. To read further, please visit


Saudi Arabia inaugurates five big energy projects

Saudi Arabia has launched five mega oil and gas projects - Wasit Gas Plant, Manifa oilfield, Shaybah natural gas liquids, Shaybah oil increment, and Khurais oil increment - in line with the kingdom’s development objectives outlined by Vision 2030. The projects were inaugura


Kanoo IT signs strategic deal with Bin Faqeeh

Kanoo Information Technology (Kanoo IT), a top IT and technology solutions provider in Bahrain, has partnered with Bin Faqeeh Real Estate Investment Company to implement a tailor-made business operations and controls IT solution. The Enterprise Resource Planning (ERP) solution, M


Dewa launches pilot project for VR utility inspection

Dubai Electricity and Water Authority (Dewa) said it has launched a pilot project for the world’s first virtual reality (VR) remote inspection for utility maintenance. This is in implementation of the National Innovation Strategy launched by HH Sheikh Mohammed bin Rashid Al


Albaddad inks storage expansion deal with NIP

Albaddad Capital, a leading economic group, has signed an expansion agreement with National Industries Park (NIP) for a large expansion in its factories located in the industrial park in Dubai, which was previously known as TechnoPark. Dr Fateen Al Baddad, chairman, Albaddad Capi


Eagle Hills Diyar awards key Marassi Residences deal

Eagle Hills Diyar, a private real estate investment and development company based in Bahrain, has awarded a major contract to Nass Corporation for the construction of its 875,000-sq-m luxury residential development in Diyar Al Muharraq, a master-planned city on the northeast coast of Bahrain.


Dubai Investments eyes big Saudi business park projects

Dubai Investments is targeting robust growth in the real estate and property sector with three major projects in UAE besides mixed-use business park projects in Saudi Arabia and Africa. A leading diversified investment company, Dubai Investments has a number of new projects in th


Tanfeedh mulls plans for scaffolding manufacturing unit

Oman’s Tanfeedh Lab, the national programme for enhancing economic diversification, has proposed to build a world-class scaffolding manufacturing project near the Sohar Industrial Estate, a report said. The Tanfeedh Lab identified four major subsector contributors and two e


UAE approves $79m housing assistance, grants

The UAE government has approved Dh290.4 million ($79 million) in housing loans besides grants for 490 eligible Emirati citizens under its Sheikh Zayed Housing Programme, said a report. The amount covers 352 residential housing grants and 79 housing loans, reported the state news

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