Tuesday 1 December 2015

Tanamee unveils residential project in Jordan

Jordan-based Tanamee Real Estate Development Company has announced the launch of ‘Jenan Amman,’ an integrated residential project coming up on the Airport Road in Amman. The massive development, to be built at an estimated cost of JD100 million ($140 million) will com


Saudi Arabia awards cemetery maintenance contract

Saudi Arabia has awarded contracts worth over SR25 million ($6.6 million) to specialized national companies for operation and maintenance of graveyards in Makkah city, said a report. The first contract, which will be for three years, will involve the operation of the graveyards a


Depa sees drop in 9-month revenue

Dubai-based fit-out contractor Depa has registered a fall in its revenue for the first nine months which plunged to Dh1.18 billion ($321 million) from Dh1.39 billion ($378 million). Announcing the results, Depa said its profit for the first nine months too witnessed a drop from D


Sharjah's free zone unveils key facilities at Big 5

Sharjah's Hamriyah Free Zone Authority (HFZA), the second largest industrial free zone in the UAE, showcased its key facilities at the Big 5 Show held recently in Dubai, UAE. HFZA said its year-on-year performance is in line with the vision set for the free zone to be a growt


Indian Property Show opens in Dubai

The Indian Property Show, hosting 170 developers including the cream of the Indian real estate, construction companies and banks exhibiting over 600 projects, opened its doors in Dubai, UAE, today (December 1). The event inaugurated by Arbaaz Khan, the Bollywood actor and brand a


Hassyan coal power plant work on track

The first phase of the Hassyan clean coal power plant project, which comprises two units of 600 MW each, will be operational by March 2020, said Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa). Al Tayer is leading a delegation to China to endor


Emaar to launch new Dubai residential project

Leading regional developer Emaar is all set to launch its ambitious project - The Address Residence Dubai Opera - in the heart of Downtown Dubai. This unique development is superbly located in The Opera District, a new cultural district in the heart of Downtown Dubai, said a stat


Fastring to strengthen position in UAE

Fastring, a leader in manufacturing of seals and waterproofing products in France, plans to strengthen its position in the UAE to meet the growing demand for its products. Fastring has been a manufacturer of seals and waterproofing products for industrial use for the past 25 year


RTA to build 400 new bus shelters in Dubai

Dubai's Roads and Transport Authority (RTA) said it has awarded the contract for the construction of new bus shelters in the UAE emirate in bid to leverage the public transport sector along with associated infrastructure. The contract, which covers the setting up of 400 air-c


China firm plans $20m pipe manufacturing facility in Sohar

China-based Jiangsu Changbao Steel Tube Company, a leading steel mill, plans to set up a manufacturing facility specialising in the production of steel piping and related goods for the domestic and regional oil and gas industry, in Oman. Jiangsu Changbao’s board of director

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