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Dubai RTA traffic control building 23pc completedDubai's Roads and Transport Authority (RTA) has announced that 23 per cent of the work on the expansion of its Smart Traffic Systems Project has been completed including the building of the new control centre at Al Barsha region of Dubai. Mattar Al Tayer, More… |
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Emaar to distribute $291m cash dividends for 2018Emaar Properties, Dubai's largest listed developer and the builder of Burj Khalifa, said its board of directors has proposed 15 per cent cash dividends for the full year 2018 to its shareholders. The dividends, which amounts to 15 fils per share, are More… |
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Saudi Tabuk Cement seals Yemen clinker export dealTabuk Cement Company, a leading manufacturer and seller of cement and related products for construction industries in Saudi Arabia, said it has signed an agreement with Golden Oil Company for the export of 500,000 tonne of clinker to Yemen. A major player in t More… |
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International water projects get $2.7bn Abu Dhabi fundingUAE-based Abu Dhabi Fund for Development (ADFD) said it has provided finance worth Dh8 billion ($2.7 billion) towards development of water infrastructure projects across the globe. A leading national entity for development aid, ADFD has financed 108 wate More… |
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Sodic inks strategic deal for 500-acre plot in CairoSodic, one of the region’s leading real estate development companies, has signed a partnership agreement with the New Urban Communities Authority (Nuca) for a 500-acre plot located in the west of Egypt capital Cairo. The plot is located in the Shei More… |
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Saudi Arabia eyes first city at Neom development in 2020Saudi Arabia has announced that work is progressing well on the first city being built as part of its $500-billion ambitious project Neom in the northwestern part of the kingdom, said a report. In September last year, Neom project began environmental, geologic More… |
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Dubai property fest to host top international developersLeading international real estate investors are set to take part in the three-day Dubai Property Festival which kicks off on March 26 and runs for the next two days. The property festival is an initiative of the Dubai Land Department (DLD) through its investment arm, the Real Est More… |
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Chinese firms to unveil $1 trillion BRI plans at Dubai forumWith more than 1,700 projects worth $1 trillion, China’s ambitious Belt and Road Initiative aims to positively impact 4.4 billion people, or 65 per cent of the world’s population that equals to 40 per cent of the global Gross Domestic Product (GDP). Spanning across 70 More… |
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China earmarks $1 trillion for mega Belt and Road projectsWith more than 1,700 projects worth $1 trillion, China’s ambitious Belt and Road Initiative aims to positively impact 4.4 billion people, or 65 per cent of the world’s population that equals to 40 per cent of the global Gross Domestic Product (GDP). Spanning across 70 More… |
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New e-platform opens $1.3bn Saudi housing opportunitiesSaudi government has announced the launch of a new e-platform "Benna" that will provide major opportunities for developers and contractors to build 10,000 residential units worth SR5 billion ($1.3 billion) across the kingdom. The e-platfrom was jointly inaugurated by Mi More… |
