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RTA to open key bridges to Dubai Mall parkingDubai Roads and Transport Authority (RTA)said that bridges leading to entry/exit points of The Dubai Mall Zabeel multi-level parking building would be opened on October 29. Mattar Al Tayer, director-general and chairman of RTA, said the Authority will open a bridge linking The Du More… |
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DGC buys 50pc stake in Bahrain interior design groupDividend Gate Capital (DGC), a Bahrain-based private equity firm, said it has signed an agreement to partner up and acquire 50% of Solara Joinery & Interiors Company, a leading carpentry headquartered in the kingdom. Established in 2015, Solara caters to t More… |
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Musanada completes $187m Abu Dhabi housing projectAbu Dhabi Housing Authority and the Abu Dhabi General Services Company (Musanada) have announced the completion of a Dh687 million ($187 million) residential project featuring 300 villas in Al Ain City. The Al Hayer residential project was inaugur More… |
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Ewec, Acwa Power seal $868m Abu Dhabi desal plant dealEmirates Water and Electricity Company (Ewec) and ACWA Power, the leading Saudi-based developer, investor and operator of power generation and desalinated water plants, have confirmed the successful financial closing of the world’s largest reverse osmosis desalination plant. More… |
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Guardian Glass unveils solar control glass range for MEA marketGuardian Glass, a leading industrial manufacturer of glass, automotive and building products based in Michigan, US, has introduced three new coated solar control glass products for the Middle East and Africa market. All of these products offer enhanced aesthetics, as well as excellent More… |
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Kuwait approves new Entertainment City projectKuwait Municipal Council has given approval to a major leisure and amusement project which will come up over a 2,650 sq m area in the capital city, reported state news agency Kuna. On completion, the Entertainment City will be a major touristic landmark in the country, i More… |
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Oman's real estate deal values hit $449m in SeptemberThe value of traded real estate contracts across Oman during September stood at more than RO173.3 million ($449 million), while the collected fees amounted to over RO6.07 million ($15.7 million), reported Oman News Agency, citing a senior official. The real estate activi More… |
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India’s 30pc super-rich planning big real estate investmentNearly 30% of high net worth (HNW) individuals in India are expected to invest in real estate in the next three years, according to a new report released by the financial news site LearnBonds. India’s GDP is also expected to double in the next four years, which would undoub More… |
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Pioneer Cement to set up $200m plant in GeorgiaThe UAE-based Pioneer Cement Industries, part of Oman-based Raysut Cement Company (RCC), is in the process of setting up a 1.2 million tonnes per annum capacity integrated cement plant in Georgia. The value of the project is estimated at $200 million. More… |
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Oman's all-women residential complex to be ready by 2021Oman-based Myriad and Strategic Housing Group (SHG) said the work is in full swing on its all-women off-campus residential and retail complex located along Muscat Expressway and the project is expected to be ready by 2021. The property, Myriad, Muscat is in close proximity to Sul More… |
