Monday 20 September 2021

Batelco Solar Park on track for October completion

Bahrain's leading telecom services operator Batelco has announced that work is moving at a steady pace on its solar park development being set up at Ras Abu Jarjoor next to the company’s Satellite Earth Station and RJR Data Center.    Construction


Aldar consortium submits tender offer for majority stake in Sodic

Leading UAE developer Aldar Properties (Aldar) said its consortium with ADQ has submitted for approval by the Egyptian Financial Regulatory Authority (the FRA) an all-cash mandatory tender offer (MTO) for up to 90% and a minimum of 51% of the outstanding share capital of The Sixth of October


Al Muqarram Group launches new HVAC contact adhesive

Al Muqarram Group (AMG), a leading chemical construction materials manufacturer in the region, has launched the latest addition to its product lineup - HVAC Contact adhesive - at The Big 5 construction expo which concludes today in Dubai.   The new DCL-approved


Dal-Lago introduces Verton safe lifting tech in GCC, India

Verton’s wireless lifting beams remotely orientate suspended loads without the need for taglines, using gyroscopes and sophisticated control systems, removing the need for personnel near or under loads.   For Dal-Lago, a leading global precast company, bri


Atkins expands UAE digital services business with new hires

Atkins, a member of the SNC-Lavalin Group, is expanding its digital and technology services in the UAE to meet the country’s growing needs to deliver new projects more efficiently and enhance existing assets.   This sees the appointment of new senior posit


TDF, Seera Group to develop tourism project in Al Baha

Saudi Arabia's Tourism Development Fund (TDF) and Seera Group have signed a financing agreement to establish and operate the Raghadan Tourist Resort, the first sustainable tourism project in the Al Baha region – one of the main investment destinations identified under the Kingdom&rs


Neom in talks with top design, construction firms on future collaboration

Saudi Arabia's futuristic $500-billion new city Neom played host to nearly 150 design and construction companies who visited the project site over the last four days and held discussions with its top officials on future collaboration.   The meeting included


Al Yamamah to start work on Saudi wind power systems factory

Saudi-based Al Yamamah Steel Industries Company has announced that it has won approval from its board of directors to begin work on a new wind power systems factory in the kingdom.    The designs works have already been completed along with analysng the bid


Nawah connects second nuclear unit to UAE’s grid

The Emirates Nuclear Energy Corporation (Enec) has announced that following the start-up of Unit 2 of the Barakah Nuclear Energy Plant last month, its operations and maintenance subsidiary, Nawah Energy Company, has safely and successfully connected the unit to the UAE grid, delivering the fi


Knight Frank boosts UAE strategic consultancy team

Knight Frank, a global leader in real estate advisory market, said its Middle East unit continues to strengthen its UAE strategic consultancy (StratCon Advisory covering real estate strategy, healthcare and education) operations across the Middle East and Africa, assembling a very strong team

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