Monday 18 June 2018

Qatar to build $27m substation for metro project

The Qatar General Electricity and Water Corporation (Kahramaa) will build a QR100-million ($27 million) substation to cater to the power requirements of Qatar Rail's Doha Metro Project, a media report said. The power station at Al Waab City is part of the 12th phase of the el


ADFD provides $10.8m loan for Uganda power project

The Abu Dhabi Fund for Development (ADFD) has approved a Dh40 million ($10.8 million) concessionary loan for the development of a rural electrification project in Kalongo, Uganda, a media report said. Mohammed Saif Al Suwaidi, director-general of ADFD, and Ajedra Gabriel Gadison


Bahrain approval for industrial land in 18 days

In a major move, Bahrain government has reduced the timeframe for land applications, in response to the growing demand for industrial land across the kingdom and as part of the government’s ongoing strategic focus on supporting investors in the manufacturing sector. The ini


Dubai group EMLC opens first leadership AI lab

Dubai-based leadership science company EMLC has opened the world's first artificial intelligence (AI) lab which will work towards making leaders better and help organisations maximise their profit. The EMLC Leadership AI Lab disrupts leadership execution by combining traditio


RSG Group awards contract for five-star hotel project

UAE developer RSG Group of Companies, a leading real estate developer in the region, has awarded a Dh500-million ($136 million) construction deal to Al Habbai Contracting for its landmark five-star hotel and hotel apartment property ‘Sabah Rotana’ in Dubai. Sabah Rota


Peikko JV starts work on new factory in Ras Al Khaimah

UAE-based Al Rashed Peikko said its sales and production unit, Peikko Gulf, has started building a new factory and warehouse premises on an industrial plot in Ras Al Khaimah, the UAE, at an investment of around €4 million ($4.7 million). Al Rashed Peikko is a joint venture b


Nakheel awards $122m Deira Islands bridge contract

UAE master developer Nakheel has awarded a contract worth Dh447 million ($122 million) for the construction of a 12-lane bridge connecting Deira Islands, its premium tourism, leisure, retail and entertainment hub, with the Dubai mainland. The 600-m bridge, being constru


Danube sells out 85pc of Dubailand residential project

Danube Properties, a UAE-based property developer, said there has been an overwhelming  response for its tenth project - the Dh300-million ($81.6 million) Jewelz located in the freehold and mixed-use community of Arjan in Dubailand - with 85 per cent of the project sold out within two mont


Over 400 exhibitors for Middle East Stone

More than 400 global providers of stone, marble and ceramics are exhibiting at the upcoming Middle East Stone, the region’s biggest dedicated event of its kind, in Dubai, UAE. The event takes place at the Dubai World Trade Centre from September 4 to 6. Expand


Majid Al Futtaim sets key sustainability targets with Dubai project

Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer in the region, is setting ambitious sustainability targets for its new flagship Dubai community, Tilal Al Ghaf, with plans to become the first mixed-use development in the emirate to achieve a ‘very good&rs

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