Saturday 25 October 2014

Yokogawa wins Rabigh 2 contract

A unit of Yokogawa Electric Corporation has won an order from Samsung C&T Corporation to supply control systems for the Rabigh 2 combined cycle power plant, being built in Rabigh on Saudi Arabia's Red Sea coast. This power plant will have three 700 MW combined cycle power units


Doha's premier marina set for expansion

Mourjan Marinas – Lusail City, the premier marina in Qatar's capital Doha, has begun construction of 49 new modern floating berths in response to increasingly high demand for new docks in the country. Mourjan Marinas – Lusail City lies at the heart of the prestigi


Indian building firm plans new plant in UAE

Everest Industries, a leading Indian manufacturer of building solution products, plans to set up a fibre cement board plant in the UAE as part of its global expansion strategy, said a report. Fibre cement is a composite building and construction material, used mainly in roofing and fac


Egypt signs deals with six firms to dredge new Suez Canal

Egypt signed contracts with six international firms on Saturday to carry out dredging of the new Suez Canal, the flagship project in President Abdel Fattah al-Sisi's programme to revive an economy battered by years of political turmoil. The companies are National Marine Dredg


Arabtec to launch huge Egypt homes project by year-end

UAE-based construction firm Arabtec plans to launch the first phase of a huge housing project in Egypt before the end of this year, the company said on Sunday. In March, Arabtec announced it would build one million homes in Egypt in a $40-billion project backed by the Egyptian an


Teyban celebrates 'Sparkle Towers at Dubai' launch

Tebyan, an innovator in property development, has announced the official launch of its 'Sparkle Towers at Dubai Marina' project which is expected to be completed in December 2016. The company hosted a ceremony to mark the launch which was attended by Peter Elsner-Mackay,


Wasl launches new community retail centre in Dubai

Wasl properties, one of the largest real estate companies in the UAE, has announced the launch of Samari Retail Centre, a community centre located at its residential project, Samari Residences in Dubai. A subsidiary of wasl asset management group, the company said the new shoppin


Sharjah launches new firm to develop real estate

Sharjah Asset Management, the investment arm of the government of Sharjah, UAE, has joined hands with Eskan Real Estate Development to set up  Tilal Real Estate, a new venture that will help the establishment, development and management of real estate projects in the emirate.

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