Monday 27 February 2017
 
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RAK Precast deploys Acotec panel PRO technology

RAK Precast, a company based in Ras Al Khaimah, UAE, said it is set to deploy Elematic Acotec PRO production line at its Dubai factory to boost the company's production of non-load bearing interior precast partition wall panels. It was delivered by Elematic Oyj, a global lead

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UAE energy contracting market set for 17pc growth

The market for energy performance contracting in the UAE is poised for grow 17 per cent in the next four to five years, thanks to a major push in the region for development of both renewable energy and energy efficient policies, said a report. Energy Performance Contracting is a

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Sensaire Services rebrands as Horizon Gulf

UAE-based Sensaire Services, building engineering services contractor, has announced its name change to Horizon Gulf Electromechanical Services L.L.C. The new name will better reflect the updated vision and growth strategy for the company going forward, a company statement said.

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Saudi invites bids for 700MW renewable energy projects

Saudi Arabia has invited pre-qualification bids from leading global and regional construction companies to develop 700MW renewable energy projects under the first phase of its National Renewable Energy Programme, said a report. The Phase One projects include a 300 MW solar facility at

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Arabtec wins SCA approval for recapitalisation plan

Arabtec Holding, a leading construction company in the Middle East, said it has received approval in principle from the Securities and Commodities Authority (SCA), the UAE's stock market regulator, for its recapitalisation programme. The proposed structure of the recapitalisa

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Averda gets key UAE superbrand status

UAE-based Averda, a leading provider of integrated waste management services in the Middle East and Africa region, said it has been awarded the Superbrand status. Averda's extensive portfolio of services range from street cleaning to waste collection, treatment, disposal and

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Mwani Qatar to build 1,000 new berths for private boats

Qatar Ports Management Company (Mwani Qatar), a major developer of the country's seaports, is set to construct more than 1,000 berths at four upcoming harbours across the country in its bid to encourage marine transportation in the private sector, said a report. The project i

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Dubai regulates property marketing outside UAE

Dubai Land Department (DLD) has issued its special circular No. 13 for the year 2016, outlining real estate marketing mechanisms that are designed for real estate companies and brokers marketing properties outside of Dubai, UAE. These are in growing numbers thanks to the global r

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Qatar to boost spending on smart infrastructure

Qatar is currently spending $500 million a week on capital projects in preparation for its ambitious Fifa World Cup 2022 extravaganza and over the next five years it is set to boost its expenditure on smart infrastructure developments, said a report released ahead of a two-day summit in Doha.

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Seef Properties 2106 profit surges 12.2pc

Seef Properties, a leading integrated development company in Bahrain, said it has registered a net profit of BD11.04 million ($28.3 million) for 2016, up 12.2 per cent over the previous year. Announcing the financial results for the year ended on December 31, 2016 Seef Properties

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