Friday 18 April 2014
 
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Huge Dubai projects face funds challenge

  Dubai is reviving massive real estate projects as its economy recovers from a corporate debt crisis, but this time around, constraints on financing are likely to slow the pace of its building boom.  

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Minister inspects GCC games complex

Bahrain Minister of Works Essam bin Abdulla Khalaf visited the Isa Sports City complex to review the ongoing work and also to see the preparations for the GCC Games which kicks off on Tuesday. The ministry is readying the sports facilities

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Imdaad starts work on $3.2m Dubai complex

Imdaad, a leading provider of integrated facilities management solutions in the UAE, said it has started construction of its Dh12 million ($3.26 million) complex at Jebel Ali free zone (Jafza) South in Dubai. The facility is designed to pr

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Rajhi Steel to build $4 billion steel complex

Saudi-based Rajhi Steel plans to set up a 15 billion riyals ($4.0 billion) heavy steel complex in King Abdullah Economic City (KAEC) and will get dry gas from Aramco, the state news agency said on Monday.  The firm will later offer 50

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Rotana opens new 5-star hotel in Abu Dhabi

Rotana, a leading hotel management company in Mena, has opened a new five-star hotel in Abu Dhabi – Park Rotana Abu Dhabi. Park Rotana Abu Dhabi is one of key elements of Park Rotana Complex – a multi-use business and residential developme

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Bahrain allocates $90m for disabled-friendly centres

Bahrain is to pump BD34 million ($90 million) over two years into improving the lives of disabled people. Plans include disabled-friendly factories to help them get work, better education opportunities, special care centres and their own sports co

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Planet to build $272m Abu Dhabi hotel complex

Planet Group, one of the leading service-based conglomerates, has announced plans to start the construction of a Dh1 billion ($272 million) hotel and apartment complex, in the Danat area of Abu Dhabi. The Dubai-based group presently operat

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Qatar plans massive solar power complex

Qatar is considering building one of the world's largest solar power complexes to help meet demand, which could increase four-fold over the next 30 years, according to a magazine report. The solar complex would have capacity of 3,500 megaw

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