Thursday 20 January 2022

Saudi Arabia, Kuwait driving $1.6 trillion GCC project market

The GCC construction market is estimated at $1.6 trillion, with over 21,000 active projects as of Q3 2021, mainly driven by Saudi Arabia and the UAE which dominated the project development scene, according to BNC Projects Journal.   Kuwait construction activity


Tadweer signs $64m Abu Dhabi waste management contracts

The Abu Dhabi Waste Management Center (Tadweer) has signed four operational contracts with a total value of AED235 million ($64 million).    This aligns with the center’s strategic goals of providing added-value services to the customers and the socie


Home Centre unveils new brand identity

Home Centre, a key retailer of furniture and home furnishings in the Mena region and the Indian sub-continent, has unveiled a new brand identity that is underpinned by its customer-first approach of enabling every home to tell its own unique story.    The d


UAE ministry seals partnership deal with Schneider Electric

The UAE Ministry of Industry and Advanced Technology (MoIAT) today (January 19) signed a partnership deal with Schneider Electric, a global leader in energy management, to help boost  enhance sustainability across the UAE’s manufacturing sector.   In


Heriot-Watt University Dubai wins top sustainability rating

Heriot-Watt University’s Dubai campus at Dubai Knowledge Park has been awarded Gold status by the Leadership in Energy and Environmental Design (LEED), the most widely used green building rating system in the world.    Gold certification is


Honeywell to unveil advanced technologies at Saudi IKTVA expo

Global technology company Honeywell will be showcasing its advanced solutions that support Saudi Arabia’s long-term strategic objectives related to localisation and sustainability at this year’s In-Kingdom Total Value Add (IKTVA) Forum and Exhibition which kicks off in Dhahran on


Dubai WoodShow to see closing of over $500m deals

Dubai WoodShow, the leading platform for wood and woodworking machinery industry in the Middle East & North Africa (Mena) region, is gearing up to unveil a key event that is set to see companies closing deals worth over $500 million following a massive influx of visitor registrations in t


Property Finder adds Homevalue products to its real estate portfolio

Property Finder, a UAE-based group in real estate technology and innovation, said it has kickstarted the new year by adding Homevalue products to its portfolio.    By fully integrating Homevalue’s solutions, insights and technology into Property Finde


Masdar Green REIT seals $200m finance deal with FAB

Abu Dhabi’s renewable energy company Masdar said its green real estate investment trust (REIT) has signed a financing commitment worth $200 million with First Abu Dhabi Bank relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. 


Dewa's $386m Hatta power plant 35pc complete

Dubai Electricity and Water Authority (Dewa) has announced that work is moving at a steady pace on its 250 MW Hatta hydroelectric power plant, with 35 per cent of the project already completed.   On completion, the plant’s production capacity is set to rea

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