Sunday 2 October 2022

Doosan Enerbility lands $383m Saudi power plant deal

South Korea's power plant builder Doosan Enerbility Company has been awarded a 540 billion won ($383 million) contract for the construction of a combined heat and power plant in Saudi Arabia, reported the Korean Economic Daily.   Doosan (formerly Do


Drones can be a gamechanger for construction sector, says expert

Drone technology, also known as unmanned aerial vehicles (UAVs), is used for different reasons in the construction industry, according to a top executive of Spanish infrastructure group Acciona.   As a tool that improves communication, safety and marketing, thei


Emirates Steel Arkan boosts its export markets to over 60

Emirates Steel Arkan, the UAE's largest publicly-traded steel and building materials company, said standardisation plays a key role in its strategy for diversifying revenue sources and boosting exports.    "This year, we increased the number of our


Union Coop completes work on new Dubai community mall

Leading UAE retailer Union Coop has announced the completion of its new mall project, located in Nad Al Hammar area of Dubai. The retail destination, which has a total built-up area of ​​169,007 sq ft, will be opening its doors on September 29.   Spread over a ​


Dur highlights Saudi tourism and hotel sectors' job creating potential

Saudi-based Dur Hospitality highlighted, at a recent industry event in Dubai, the strategic role being played by the kingdom’s tourism and hotel industry and its massive potential as one of the catalysts of economic diversification that is essential for providing jobs for young Saudi me


IDdesign Oman marks 20th anniversary with launch of new collection

IDdesign Oman, a pioneer in innovative, high-concept design, is celebrating its 20 years of luxury furnishing journey in the sultanate.   This milestone has been marked with the launch of a new collection of luxury furniture and accessories designed for a glamor


Vida Beach Resort Marassi Al Bahrain wins top Mena Hotel award

Vida Beach Resort Marassi Al Bahrain - a major property from Emaar in the kingdom featuring a total of 157 rooms and 141 serviced residences - has been selected as the National Winner for Mena in the Hotel Project of the Year category at this year’s 2022 MEED Projects Awards.


Adnoc, Taqa close landmark $3.8bn clean energy deal

Abu Dhabi National Oil Company (Adnoc) has announced that it has joined hands with Abu Dhabi National Energy Company (Taqa) for the successful financial closing of its $3.8 billion strategic project to power and significantly decarbonise its offshore production operations.  


Renewable energy jobs soar to 12.7m in 2021 despite Covid

Worldwide employment in renewable energy reached 12.7 million last year, a jump of 700,000 new jobs in one year, despite the lingering effects of Covid-9 and the growing energy crisis, according to the "Renewable Energy and Jobs: Annual Review 2022" report.  


Dubai’s warehousing costs among highest in world; up 7.7%

Warehousing costs in Dubai rose by 7.7% in the 12 months to June 2022, making it one of the most premium warehousing markets in the world, according to Savills, a leading global real estate services provider.   Across 52 global markets monitored by Savills, the

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