Sunday 23 January 2022

Bahri completes trial commissioning of barge for SWCC

The National Shipping Company of Saudi Arabia (Bahri) today (January 23) announced the successful trial commissioning of the first barge near the Port of Al Shuqaiq on the western coast of the kingdom.   This is in line with a SR760 million (($207 million) agree


Dewa launched 16 new substations in 2021, says report

Dubai Electricity and Water Authority (Dewa) had last year opened 16 new substations in 2021, at around AED2.928 billion ($797 million).   These include fourteen 132kV stations with a conversion capacity of 2,100 megavolt amperes and two 400kV stations with 4,00


Saudi residential real estate prices up 1.7pc in Q4

The real estate price index (RPI) for Saudi Arabia increased by 0.9% in the fourth quarter of 2021 compared to the same quarter of the previous year, mainly due to increases in residential land prices, reported SPA citing the General Authority for Statistics (GASTAT). &n


Exelx unveils latest technologies at major Abu Dhabi event

Exelx, a leading company in the field of development and research in battery inspection and maintenance technologies, showcased its latest technologies and solutions for extending used battery lifetime at the Abu Dhabi Sustainability Week as part of the Innovate initiative, organized by Masda


Safe Developers launches new residential building in Dubai

Safe Developers, a boutique real estate developer and a subsidiary of UAE business conglomerate Silgo Group, has launched the AED150-million ($41 million) Gardenia Livings, a seven-storey residential building located within Arjan community project in Dubai.   


Bahrain Steel achieves record production in 2021

Bahrain Steel, a leading producer and global supplier of high grade iron-ore pellets and a subsidiary of Foulath Holding, has announced that it has registered a record production of 12 million tonnes of iron-ore pellets in 2021.    Now operating over the ra


Enec JV signs agreement with top European nuclear firm

Emirates Nuclear Energy Corporation (Enec) said its key subsidiary, Nawah, has signed an agreement with Cerap, a leading European nuclear services company, to provide technical services to support refuelling outages and online operations at the Barakah Nuclear Energy Plant.


Iman unveils new 212-unit residential project in Jumeirah

Dubai-based Iman Developers has launched its new AED130 million ($35.3 million) residential project, Oxford 212, featuring a mix of studios, one- and two-bedroom units, alongwith other key amenities including a rooftop outdoor cinema.    Iman said Oxford 21


Abengoa completes 3 solar fields at world's largest solar complex

Abengoa, a Spanish multinational company in the green infrastructure, energy and water sectors, has completed the construction of three solar fields of parabolic trough collectors at the world's largest solar complex in Dubai.    The fields, with a capa


Saudi Arabia to transform iconic palaces into luxury hotels

Saudi Arabia today launched ‘Boutique Group’, a new hospitality brand that will manage and convert a collection of iconic historic and cultural palaces in the kingdom into ultra-luxury boutique hotels.    The new initiative was announced by His

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