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ADFD provides $10.8m loan for Uganda power projectThe 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 More… |
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Bahrain approval for industrial land in 18 daysIn 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 More… |
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Dubai group EMLC opens first leadership AI labDubai-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 More… |
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RSG Group awards contract for five-star hotel projectUAE 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 More… |
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Peikko JV starts work on new factory in Ras Al KhaimahUAE-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 More… |
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Nakheel awards $122m Deira Islands bridge contractUAE 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 More… |
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Danube sells out 85pc of Dubailand residential projectDanube 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 More… |
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Over 400 exhibitors for Middle East StoneMore 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 More… |
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Majid Al Futtaim sets key sustainability targets with Dubai projectMajid 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 More… |
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Wasl releases 190 housing units into Dubai marketUAE-based wasl properties, a subsidiary of wasl Asset Management Group, has announced the official release of ‘Block A’ under Phase Two of wasl district on the market. The first phase, featuring 166 units, was delivered on December last year, said a statement from was More… |
