Friday 20 April 2018

Damac Hotels eyes over 15,000 keys by 2021

Damac Hotels & Resorts, the hospitality arm of luxury real estate developer Damac Properties, sees Expo 2020 Dubai as an opportunity to go beyond the current 13,000 keys being developed, and to reach 15,000 keys by 2021, said its chairman. “Today, Dubai is one of the mo


Mondelez opens $90m ‘Factory of the Future’ in Bahrain

Food and beverage giant Mondelez International officially opened its new biscuit factory in Bahrain, today, (April 17) as part of the company’s ongoing expansion in the kingdom. Dubbed as the `Factory of the Future’, the $90-million facility is a state-of-the-art bisc


Royal HaskoningDHV wins Saudi rail contract

Royal HaskoningDHV, an international engineering and project management consultancy, said it has won a contract to carry out a detailed market study for the Haramain High Speed Railway project coming up in Saudi Arabia. The Haramain High Speed Railway is a new 449-km rail line wh


Al Maryah Island expands business, residential offerings

Al Maryah Island, a Mubadala development and the capital’s business and lifestyle destination, unveiled various plans for expanding its portfolio of business offerings at the ongoing Cityscape Abu Dhabi 2018. As one of the capital’s most prominent hubs, Al Maryah Isla


Aldar sells two key plots at Alghadeer development

Aldar Properties, a leading property developer in Abu Dhabi, UAE, said it has sold two plots of land in Alghadeer for community services, demonstrating momentum in its newly-launched masterplanned development. The contracts will see British curriculum Alghadeer International Scho


Mammoet, Lamprell start supply of jackets for UK project

Mammoet, a heavy lifting and transport specialist, said it has successfully loaded out the first batch of jackets for East Anglia One offshore wind farm project in the North Sea, England from UAE-based Lamprell Energy’s factories across the emirates. The company had in 2017


Cityscape Abu Dhabi opens with big players

The 12th edition of Cityscape Abu Dhabi kicked off today (April 17), opening the doors to organisations keen to tap into an audience of real estate investors from around the world, and many of the big names in the regional property industry. Leading local and international develo


Abu Dhabi doubles stock of affordable housing

Abu Dhabi has more than doubled the stock of affordable housing to over 15 per cent of the total market during the four-year period from 2014 to 2018, said an industry expert. “With this new supply, such as the new launch of Al Ghadeer by Aldar and with the increase in


Steel Wood unveils new green building material

Steel Wood Industries has unveiled a key solution in green building materials during the recent Future Cities Show at Dubai World Trade Centre. Manufactured in the UAE under the name Gusolid-PCS (precast-steel wood), the 100 per cent recycled/sustainable wood replaces concrete as the core


Global consultant Roland Berger boosts Mideast team

Roland Berger, a leading global consulting firm, has announced the appointment of a new partner to strengthen its Middle East team. The new partner, Richard Paton, is joining Roland Berger in Abu Dhabi with a mandate to enhance the firm's infrastructure, public sector and def

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