Sunday 12 July 2020

EBS wins steel supply deal for Dubai Municipality complex

Emirates Building Systems (EBS), a wholly-owned subsidiary of Dubai Investments, and one of the leading manufacturers of steel structures in the Middle East, has won a contract to provide 2000 MT of steel for the Dubai Municipality’s upcoming prosecution building and car-park in Umm Hur


Dubai's real estate sales transactions up 60pc in June

The real estate sales transactions in Dubai have grown by over 60 per cent in June, according to a report by Property Finder.   For the last four weeks, the Dubai real estate market has been transacting more than 570 sales transactions weekly on average. These f


TechnipFMC wins $1bn EPC contract for Egypt refinery

TechnipFMC, a global leader in energy projects, has secured a major engineering, procurement, and construction (EPC) contract worth over $1 billion from Assiut National Oil Processing Company for a new hydrocracking complex at its refinery in Egypt.   This EPC c


Amlak Finance signs agreement with Dubai Land Department

Amlak Finance, a leading specialised Islamic real estate financier, has announced a strategic partnership with Dubai Land Department (DLD) under which it will be selling its properties on easy instalment payment plans.   This strategic cooperation aims at allowi


TechnipFMC signs EPC contract with ANOPC

TechnipFMC has signed a major engineering, procurement, and construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new hydrocracking complex for the Assiut refinery in Egypt.   This EPC contract covers new proce


ICCROM launches initiative to protect historical Arab cities

ICCROM-Sharjah, the regional office of International Centre for the Study of the Preservation and Restoration of Cultural Property, has launched a new regional initiative entitled "Medina", which addresses the need to protect historic cities, and aims at supporting the enhancement o


DLD unveils new real estate investment promotion drive

The Dubai Land Department, DLD, through the Promotion and Real Estate Investment Management Sector, has launched its new ‘Invest in Dubai’ initiative under the theme ‘Discussing the Opportunities that Arise from Dubai as a Real Estate Investment Destination’.


$5bn green hydrogen, ammonia facility planned in Neom

Air Products, in conjunction with Acwa Power and Neom, announced the signing of an agreement for a $5-billion world-scale green hydrogen-based ammonia production facility powered by renewable energy in Saudi Arabia.   The project, which will be equally owned by


Azizi's Palm Jumeirah project on track for Q3 completion

Azizi Developments, a leading private developer in the UAE, said nearly 94 per cent of the work has been completed at its luxurious residential development, Mina, located on the east crescent of the iconic Palm Jumeirah.    The structure, blockwork and inte


Ring unveils GenNext mid-range video doorbell in UAE

Ring, an Amazon company involved in the manufacture of smart home security products line, has announced the launch of its next-generation mid-range video doorbell, Ring Video Doorbell 3, and Ring Chime and Chime Pro in the UAE through its retailers –, Jumbo and Virgin Megastor

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