Thursday 26 April 2018

UAE developer eyes $272m holiday home assets

Leading UAE-based developer fäm Properties has plans to grow its total assets under holiday home management in Dubai (between City Walk, Downtown and Dubai Marina) to Dh1 billion ($272 million) by the end of this year, said a top official. The developer currently has signed


Alba completes hiring for Line 6 Expansion Project

Aluminium Bahrain (Alba), one of the largest and modern aluminium smelters in the world, said it has successfully completed the hiring process for its Line 6 Expansion Project. In line with the Kingdom’s 2030 Economic Vision, the Line 6 Expansion Project has created around


Sheikh Zayed Housing Programme partners with EIPA

UAE-based Sheikh Zayed Housing Programme has signed a MoU with the Emirates Intellectual Property Association (EIPA) to boost its cooperation and creating a prosperous strategic partnership in various areas, through implementing a joint working framework, coordinating with relevant authorities,


Pidilite eyes commercial flooring business in GCC

Pidilite Group, a leader in adhesives and construction chemicals in Asia, said one of its units, Pidilite MEA Chemicals Company, has joined forces with Stauf Klebstoffwerk, a leader in adhesive technology across Europe and North America, to launch its commercial flooring business in the GCC reg


Abu Dhabi NFT wins key Manitowoc dealer award

Manitowoc Company, a leading global manufacturer of cranes and lifting solutions, has awarded the ‘Excellence in Operations and Marketing’ award to its Abu Dhabi-based distribution partner NFT. Announcing the Dealer Awards winners at the Paris-based Intermat tradeshow


Seeley completes world's biggest evaporative AC order

Seeley International, a leading air-conditioning manufacturer in Australia, said it has completed the world’s largest order for evaporative air-conditioners, resulting in around 50,000 Breezair air-conditioners being installed in the tent city of Mina Valley, Saudi Arabia.


Peikko wins precast beams supply deal for Sharjah villas

Peikko Group, a leading supplier of slim floor structures and connection technology for precast and cast-in-situ applications, said its UAE subsidiary has won a major supply contract for the Sun Island residential project in Sharjah. The 268-villa unit development, Sun Island Hou


Rove Hotels inks new 250-key property in RAK

Contemporary midscale hotel brand Rove Hotels has strengthened its operations in Ras Al Khaimah with a management agreement to operate a new hotel directly linked to Manar Mall, a popular retail and leisure destination in the emirate.   A joint venture between Emaar Propertie


CBRE named leasing manager for Bahrain mixed-use property

Kuwait-based AlArgan International Real Estate Company has signed up global real estate advisory firm CBRE as the exclusive property manager for its major property in Bahrain - Argan Village. An award-winning property, Argan Village is located within the larger Jeyoun community d


Azizi's Dubai waterfront project set for 2019 completion

Azizi Developments, one of the leading private developers in the UAE, said work was moving at a steady pace on Azizi Riviera, the group's flagship project at the Meydan One development near Dubai Water Canal, with the final phase set for completion in the third quarter of 2019.

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