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GCC hospitality projects value tops $147bn in MarchThe total value of the hospitality and tourism projects in the GCC region, numbering around 1,156, is more than $147 billion in March, said a report released ahead of the Arabian Travel Market (ATM) 2018. The largest travel and tourism show in the Middle East, More… |
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IBRD joins World Bank risk database consortiumThe International Bank for Reconstruction and Development (IBRD) said it has joined the Global Emerging Markets (GEMs) risk database consortium. GEMs was established in 2009 as a joint effort between the European Investment Bank (EIB) and the International Fin More… |
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Aldar starts handover of two prime UAE propertiesAldar Properties, a leading UAE-based real estate developer, said it has started the handover of two of its premium developments in Abu Dhabi - Nareel Island and Al Merief. Nareel Island is a premium high-end plot development located on the coast of Al Bateen, More… |
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Mammoet completes Oman petchem project workMammoet, a global service provider specialising in engineered heavy lifting and transport, said it had successfully completed the safe transportation and installation of four 1,180-tonne NGL bullet tanks for Oman’s biggest petrochemical project, Liwa Plastics Industries Com More… |
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Emirates Road extension work on track for July completionUAE authorities said work was progressing well on the Emirates Road Extension project, being developed to link capital Abu Dhabi with the northern emirates of Ras Al Khaimah and Umm Al Quwain, and is set for completion by July this year, said a report. The pro More… |
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Expo 2020 hosts session on health and safetyExpo 2020 Dubai recently brought together contractors, sub-contractors, project managers, regulators and partners in Dubai for the first of a series of health, safety, quality and environment (HSQE) leadership events. The session heard from a variety of stakeholders including Exp More… |
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Vox Cinemas to open 600 new screens in Saudi ArabiaIn a major boost to the Saudi entertainment industry, Majid Al Futtaim, the leading shopping mall developer, retail and leisure pioneer across the Middle East and North Africa (Mena), has announced plans to open 600 new Vox Cinema screens across Saudi Arabia over the next five years at an inv More… |
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Dubai to deploy AI to verify lease contractsDubai Land Department (DLD) has announced that from this month, it will be using artificial intelligence (AI) to verify 2.5 million lease contracts in the Emirate.. The new technology is part of DLD's latest governance system for verifying lease contracts, and the AI will be More… |
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Khidmah unit to manage Sharjah's beachesUAE-based Khidmah, the region’s leading property solutions provider, has been awarded a contract to manage Sharjah’s beaches. The company currently manages beaches in Abu Dhabi, Dubai and Sharjah, employing over 200 lifeguards to serve developments, hotels, and commun More… |
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ENBD REIT launches energy-saving programmeENBD REIT, a UAE-based shari’a-compliant real estate investment trust, said it has applied the Internet-of-Things (IoT), machine learning and artificial intelligence, in partnership with EP&T Global, to deliver energy savings at Al Thuraya Tower 1, its office building in Dubai Media C More… |
