Monday 17 February 2020

Bahrain inaugurates new 2-km walkway at Busaiteen

Bahrain's Ministry of Works, Municipality Affairs and Urban Planning has announced the opening of a new walkway in the Busaiteen area built at an investment of BD2 million ($5.3 million). It was inaugurated by Deputy Prime Minister and the chairman of the Ministerial Committe


Arada set to open mega entertainment complex in Sharjah

UAE developer Arada has announced the official opening date of Madar, a new family-focused entertainment complex located in the heart of Aljada, the 24-million-sq-ft mega-community currently under construction in Sharjah. Phase One of Madar, which is spread over a 600,000-sq-ft a


Hempel launches new fire protection coating in Bahrain

World leading coatings manufacturer Hempel has officially launched its new generation fire-protection coating - Hempafire Optima 500 - in Bahrain to safeguard civil steel structures. Hempafire Optima 500 is specifically designed to improve the productivity of passive fire


Esic buys two prime mixed-use properties in UAE

Emirates Strategic Investments Company (Esic) has announced that it has acquired two iconic, income-generating, mixed-use properties in the UAE, one of a series of investments to be funded by last year’s successful issuance of the company’s $600 million sukuk. An Abu Dhabi


UAE completes work on $517m residential city in Fujairah

The UAE authorities have announced the completion of work on the Dh1.9-billion ($517 million) Mohamed bin Zayed City housing project in Fujairah, which has been set up as a modern and sustainable housing system for mid-income Emiratis. Spread over a sprawling 2.2-sq-km are


Elsewedy industrial park kicks off roadshows in Europe

Elsewedy Industrial Development, a leading regional industrial park developer, service provider and subsidiary of Elsewedy Electric, has kickstarted one of its biggest roadshows across Europe, in Paris, France. As a part of this initiative which opened during the ‘French Eg


Amaala names advisory board for Saudi luxury project

Amaala, the ultra-luxury integrated wellness and healthy living project situated along Saudi Arabia's Red Sea coast, has announced its new advisory board. The first board meeting saw a veritable who’s who of industry titans gather to share their visionary knowledge of h


Dubai Investments Park's 97pc units leased out

Dubai Investments Park (DIP), a wholly-owned unit of Dubai Investments, said more than 97 per cent of the total leasable land area of 17 million sq m within the unique integrated commercial, industrial and residential community in the Middle East region has been leased out. DIP p


RSGT receives advanced terminal equipment

Red Sea Gateway Terminal (RSGT), a world-class terminal spearheaded by the Saudi Industrial Services Company (Sisco), has announced the arrival of the first consignment of new advanced terminal equipment. The terminal will have an initial investment of SR1 billion ($266.7 million).


DIP sees $11.4bn investment over two decades

Dubai Investments Park (DIP), the unique integrated commercial, industrial and residential community wholly-owned by Dubai Investments, said that it has attracted investments in excess of Dh42 billion ($11.4 billion) over two decades. Considered one among the largest integrated d

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