Friday 22 May 2015
 
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Alabbar Energy to set up commissioning unit

Alabbar Energy and Sustainability Group (AESG), a leading consultancy in the Middle East, has expanded its portfolio of services with the setting up of a commissioning division. The new division will provide independent commission

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GCC completed projects to grow by 7.7pc

The GCC completed projects in residential, commercial, retail, medical, and education sectors are set to grow by 7.7 per cent from 2014 to hit $72 billion this year, according to a recent report. In the build-up to World Expo 2020

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Drake & Scull Q1 profit falls 38pc

Dubai's Drake & Scull (DSI) reported a 38 per cent drop in first-quarter profit on Thursday, missing an analyst's estimate as revenue fell, and it warned that difficulties in Saudi Arabia would affect its performance this year.

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Kipco Q1 net profit surges 17pc

Kuwait Projects Company (Kipco), the country's largest investment company, has registered a net profit of KD12 million ($40 million) for the first three months, up 17 per cent over KD10.3 million ($34.3 million) for the same period last year

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Bahrain developer sells key building plots

Ishbilya Village, a residential development for the middle income group in Bahrain, has announced the sale of all residential building (B3) land plots being developed as part of the second phase of the project. The project is bein

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Bin Faqeeh to unveil big projects at Gulf Property Show

Bahrain-based Bin Faqeeh Real Estate Investment Company (Bin Faqeeh) will feature its latest real estate developments at the upcoming Gulf Property Show 2015, a leading event dedicated to promoting Bahrain and the GCC’s real estate and pro

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Cheap oil slows Saudi, UAE projects but Qatar, Kuwait rise

Low oil prices are slowing new economic projects in Saudi Arabia and the UAE but project awards have accelerated in Qatar and Kuwait, the Abu Dhabi Commercial Bank (ADCB) said in a report showing the mixed impact of cheap oil on the Gulf.

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Irish group Byrne Looby wins big Gulf projects

International engineering services provider Byrne Looby Partners said it has won major contracts worth around Dh6 million ($1.63 million) in the Gulf region.   The projects include the design of a new quay facility in Dubai Ma

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Azizi to unveil key projects at Abu Dhabi expo

Azizi Developments, a leading UAE property developer, will be showcasing its competitive residential community projects at the upcoming Cityscape 2015 expo in Abu Dhabi, UAE. One of the capital city’s most prominent real est

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Aluminium industry market size to double in 10 years

The aluminium industry market worldwide is set to double within the next 10 year, according to international industry experts. Optimistic on growth prospects, participants at the Aluminium Middle East 2015, which concluded today (

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