Sunday 26 June 2016

Dewa to name winning bidder for desert solar complex

Dubai Electricity and Water Authority (Dewa) will announce on Monday the winning bidder in a contest to build an 800-megawatt (MW) solar power plant in the emirate, the government-owned utility said. Along with Dewa chief executive Saeed Mohammed Al Tayer, Masdar chairman Sultan


Damac awards $817m contracts in H1

Damac Properties, a leading luxury real estate developer in the UAE, said it had awarded 25 construction and consultancy contracts worth Dh3 billion ($817 million) in the first half of 2016. The contract awarded include the main packages for more than 2,678 villas within its luxu


Brexit 'a boon' for Mideast property buyers

With Brexit confirmed as the UK’s new reality, investors from the Middle East region, who are looking to buy residential property in London, will now benefit by up to 31 per cent compared to the third quarter of 2007, according to property expert Cluttons. With Britain waki


NRC headquarters project completed in Abu Dhabi

Abu Dhabi General Services Company (Musanada), has completed all the work related to the Dh285-million ($78 million) National Rehabilitation Center (NRC) headquarters project in Abu Dhabi. The facility, coming up over an a 100,000-sq-m area at Shakhbout City, is in line with the


UAE property expert Cavendish Maxwell names new CEO

Leading UAE-based property consultancy Cavendish Maxwell has appointed Nigel Armstrong, an industry veteran and also the former head of the Bannatyne Group in the UK, as its new chief executive officer. Armstrong, who takes over the new role on July 1, will lead a team of more th


Oman engineering college working on solar project

The College of Engineering at Oman's Sultan Qaboos University (SQU)  is presently working on a novel project to generate electricity with the help of solar panels at an investment of RO216,000 ($559,093), said a report. The panels, which have been set up at the coll


Qatar firm unveils new office interior designs

Qatar-based Clouds Interiors has introduced new office fit-out interior designs for its clients besides custom-designed fancy kiosks and ceiling designs. It is a specialist design company with a focus on design excellence and exceptional project delivery in the residential, comme


Embattled Saudi builder Mojil to remain operational

Embattled Saudi Arabian builder Mohammad Al Mojil Group (MMG) will continue operating despite the resignation of its board after three people involved with the company were found guilty of fraud, said its acting chief executive. Indebted MMG's plight comes against the backdro


UAE firm sees solid 'green' solar panel tech growth

Emirates Insolaire, a pioneer in the development of new solar technologies and a joint venture of Dubai Investments and SwissInso Holding, is expecting strong growth for its sustainable, energy-efficient coloured solar panel technology amidst surging demand for building-integrated photovoltaics


Turkey's Anel Mepa wins Doha metro project contract

Turkish-based Anel Mepa has been awarded a $66.5 million building automation and management and heating, ventilation and air conditioning (HVAC) contract for the Red Line of the Doha Metro project in Qatar The company has received a letter of conditional award from main contractor FC

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