Saturday 20 April 2019

Arabian Centres launches IPO on Tadawul

Arabian Centres Company, a leading owner, developer and operator of lifestyle shopping centres in Saudi Arabia, said it plans to proceed with an initial public offering (IPO) on the Saudi Stock Exchange (Tadawul). The offering is expected to comprise a combination of existing and


GFH Properties backs top Bahrain real estate expo

GFH Properties, the real estate arm of GFH Financial Group, has joined the strong line-up of strategic sponsors at the Gulf Property Show 2019, a dedicated boutique showcase for real estate and property development in the Northern Gulf region, being held in Manama, Bahrain. The G


Fujairah inks deal to build $27.2m sports stadium

Fujairah government has awarded a contract to Fuj Singh International Company for the construction of the Dibba Sports Club Stadium in the northern UAE emirate. The sports facility is being built at an investment of around Dh100 million ($27.2 million).   The move comes unde


ZonesCorp to unveil two big projects at Cityscape Abu Dhabi

ZonesCorp, one of the largest developers and operators of purpose-built economic zones in the UAE, is set to announce two modern investment projects in Abu Dhabi and Al Ain at the Cityscape Abu Dhabi 2019 which opens tomorrow (April 16). The largest real estate exhibition in the


Oman's mega refinery project work in full swing

Steady progress is being made on the mega refinery project in Duqm region of Oman with nearly 13 per cent of the EPC (engineering, procurement and construction) work already completed. Unveiling the project progress, Duqm Refinery and Petrochemical Industries Company (Du


Expo 2020 Dubai to contribute $33bn to UAE economy

Expo 2020 Dubai and its legacy are expected to contribute Dh122.6 billion ($33.38 billion) of gross value addition (GVA) to the UAE’s economy from 2013 to 31, according to an EY report.   The report, ‘The economic impact of Expo 2020 Dubai’, st


SirajPower launches its first solar carport in Dubai

SirajPower, a leading provider of solar roof plants in the UAE, has launched its first solar carport producing green energy and installed at Hepworth facilities located in Dubai Industrial Park (DIP). The carport is up and running and will generate 100 000 kWh green electricity p


SNC-Lavalin names global resources president

SNC-Lavalin, a global fully integrated professional services and project management company, has appointed Craig Muir as the new president for resources.    As part of the executive committee, Muir is based in the UAE and leads the company’s global Re


Mubadala Real Estate showcases major projects at Cityscape

Mubadala Real Estate & Infrastructure, a unit of Abu Dhabi’s Mubadala Investment Company, is showcasing its expanded residential portfolio including four new projects at Cityscape Abu Dhabi.   The premium developments are located in some of the capital


Drees & Sommer launches innovation hub in Dubai

International construction and real estate consultancy Drees & Sommer has announced the launch of a Dubai-based innovation hub, as it looks to expand its research and development (R&D) efforts across the Middle East.    The new regional innovation h

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