Saturday 20 December 2014

Egypt plans world's largest food storage system

Egypt has collaborated with US-based Blumberg Grain, a leading global food security company, in a move to develop one of the world's largest integrated food security systems for grain storage. The first phase of the new food security project covers 93 sites across Egypt, and


Barwa wins $206m Qatar warehouse contract

Qatar's Barwa Real Estate said it has won a QR750-million ($206 million) contract from a government company to build and operate low-cost warehouses. The 25-year arrangement was awarded by state-owned Manateq, according to a statement to Doha's bourse. It did not state ho


Alwaleed Foundation lights up three villages

Saudi Arabia’s Alwaleed Bin Talal Foundation, chaired by Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, donated electric generators to three villages in Aseer region in Om Onayg, Altharwah and Asfal Aljafrah village. The number of homes benefiting from Alwaleed Foundation&


Propertyfinder hosts regional real estate awards, a leading property website in the UAE, recently hosted the region’s first ever real estate awards in Dubai, UAE, to celebrate achievements in listing quality, customer service and marketing. Spread across five categories, the awards held at Anantara Resid


Louvre Abu Dhabi in key dome installation milestone

Tourism Development & Investment Company (TDIC), the master developer of major cultural developments on Saadiyat island in Abu Dhabi, UAE, said the dome of Louvre Abu Dhabi has been successfully lifted and placed into its final position – firmly sitting on top of the museum’s fo


Audi to open new $27.2m workshop in Mussafah

Ali & Sons Audi, the official Audi importer for Abu Dhabi and Al Ain, UAE, is set to begin the construction of their new Dh100 million ($27.2 million) Audi Workshop and Service Centre in Mussafah in Abu Dhabi (UAE), early next year. The expansion is in line with the German marque&#


Finetools to open zonal HQ in Dubai

Finetools, a leading provider of hardware and machinery to the construction sector in the UAE, is set to officially launch its zonal headquarters at Dubai Investments Park (DIP) in Dubai, UAE, on December 16 (Tuesday). It is the parent company of the popular hardware and tools br


AUD names crossover design contest winners

The American University in Dubai (AUD) in cooperation with Swedish Wood, part of Swedish Forest Industries Association, has announced the winners of a student design competition that creates a link between Scandinavian wood culture and Arabic design. The winners of the Swedish Wo


Dubai prime office rents jump 25pc in Q3

A shortage of prime office space in Dubai, UAE, which is being underpinned by robust demand, has created a strong upward pressure on rents across the city, a report said. This is supported by a rapidly diminishing supply of Grade A space in more centrally located submarkets and f


Samref completes construction of refinery facility

Saudi Aramco Mobil Refinery Company (Samref) has completed the construction of major desulphurisation facilities in Saudi Arabia, including a new hydrotreater that cuts sulphur levels in gasoline and diesel. A joint venture with energy giants Saudi Aramco and ExxonMobil, Samref s

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