Wednesday 25 April 2018

Saudi Arabia to lay foundation to new entertainment hub

Saudi government is set to develop a new entertainment, sports and cultural destination at Al Giddiya area, some 40 km west of the capital, Riyadh, said a report. The Qiddiya Project will be inaugurated by Saudi Arabia's King Salman bin Abdulaziz Al Saud at an official ceremo


Northern Gulf's top 3 expos kick off in Bahrain

A festival of exhibitions showcasing the latest products and services for the construction, property and interiors sectors opened today (April 24) under the patronage of HRH Prince Khalifa bin Salman Al Khalifa, the Prime Minister of the Kingdom of Bahrain, at the Bahrain International Exhibiti


Aries Group plans $10bn investment in India, ME

The UAE-based Aries Group's Indywood Consortium has initiated $10 billion investment in India and Middle East as part of Vision 2020, said Aries Group chairman and CEO Sohan Roy. "We will increase our market share in marine, tourism and entertainment sector by 2020. In e


UAE signs deal to rebuild heritage sites in Iraq

The UAE and Iraq have signed a memorandum of understanding (MoU) for cultural cooperation, with a landmark project in Mosul as a centrepiece of the agreement between the two countries. Noura Al Kaabi, UAE Minister of Culture and Knowledge Development, said that the reconstruction


Emaar Malls agrees dividend of $354m for 2017

Emaar Malls, the shopping malls and retail business of Emaar Properties, has approved the distribution of cash dividends amounting to Dh1.3 billion ($353.9 million), representing 10 per cent of the share capital for 2017. Emaar Malls, the shopping malls and retail business of Ema


Empower wins Cityland Mall cooling services contract

Emirates Central Cooling Systems Corporation (Empower) said it has signed an agreement with Cityland Real Estate Development to provide district cooling services to Cityland Mall, at Global Village in Dubai, with a total capacity of 14,000 Refrigeration Tonnes (RT). The agreement


Award-winning designer World Tricot makes GCC debut

Artisan Chic design house, World Tricot, will be making its GCC debut at Interiors Expo 2018, the biggest integrated business-to-business showcase for the interiors sector in the Northern Gulf region, which opens in Manama. The Interiors Expo 2018 will be held under the patronage of HR


Msheireb's Doha flagship project 88pc complete

Msheireb Properties, a leading real estate development company, said work is progressing well on its flagship project Msheireb Downtown Doha (MDD) which is now 88 per cent complete with some areas of the project already operational. A subsidiary of Qatar Foundation for Education,


ADFD launches new residential project in Afghanistan

Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has launched  the Sheikh Khalifa bin Zayed City Housing Complex, which encompasses 3,330 residential units, in Afghanistan. The ADFD, which provided funding worth Dh708 million ($192 mill


Korean group wins Kuwait T4 terminal contract

Kuwait government has awarded a major operation and amangement contract to Korea's Incheon International Airport Corporation (IIAC) for its new Terminal Four (T4), reported state news agency Kuna. The IICA deal was part of Kuwait government's desire to seek partnership

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