Thursday 18 October 2018

New disruptive tech makes smart city race 'exciting'

The race to become the world’s first smart city has become more exciting with recent and wider applications of disruptive technologies, said experts ahead of the third edition of Future Cities Show in Dubai. With the theme ‘Propelling Globalization through Digital Tra


Sodic to buy top developer MNHD in swap deal

Sixth of October Development & Investment Company (Sodic) said it has won approval from the company's board to acquire a leading Egyptian urban developer through a direct share swap deal. One of the region’s leading real estate development companies, Sodic said foll


Kuwait ring road on track; 37pc work completed

Work is progressing at a steady pace on the 22-km-long Seventh Ring Road in Kuwait with nearly 37 per cent of the project already completed, said a report. The key development, being executed by the Public Authority for Roads and Transport (PART), comes as part of its country-wid


Aras arranges $816m funds for development projects

Dubai-based Aras Group said it has helped arrange Dh3 billion ($816.5 million) worth of funds for nearly 100 projects across a diverse portfolio ranging from real estate, renewable energy, hospitality, start-ups, refineries and ships in the UAE. With tighter lending regime, alter


Jumeirah Golf Estates wins seven awards

Jumeirah Golf Estates (JGE), a world-class residential golf destination offering luxury homes and leisure facilities among two internationally-acclaimed championship golf courses in Dubai, has won seven awards at International Property Awards Dubai.   At a cerem


Cundall names new Middle East team head

Cundall, an international multi-disciplinary engineering consultancy, has appointed Lee French to head up its civil engineering and infrastructure team in the Middle East region. French brings with him a wealth of multimillion-dollar project experience across many sectors includi


Adnoc Sour Gas sulphur pipeline work on track

Adnoc Sour Gas, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), has confirmed work is on track to construct a new sulphur pipeline, to carry molten sulphur produced by its Shah field sour gas operations.   The additional pipeline will carry liquid su


Dubai records $44bn real estate deals in nine months

Dubai’s real estate market recorded 39,802 transactions worth Dh162 billion ($44 billion) from the start of the year till the end of September reflecting growth driven by optimism among investors and developers, a media report said. The first nine months of 2018 recorded 25


Tadweer to unveil latest waste management tech at Gitex

Abu Dhabi Waste Management Center (Tadweer) is showcasing its latest waste management and pest control technologies and solutions at the upcoming Gitex Technology Week 2018 expo in Dubai.   Tadweer, which is taking part in the event as part of Abu Dhabi Governme


Rosatom JV wins Egypt nuclear project supply deal

AAEM, a joint venture between Atomenergomash, the power engineering division of Russian group Rosatom, and global technology major General Electric (GE), has won a contract to supply turbine hall equipment for Units 1 to 4 of the El Dabaa nuclear power station in Egypt.  &nb

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