Friday 22 September 2017

DLD, Mashreq Bank ink Tarweej real estate deal

Dubai Land Department (DLD) said it has signed an agreement with leading UAE financial institution Mashreq Bank to boost the transaction services of the Tarweej real estate promotion initiative. Under the new agreement, Mashreq Bank will provide banking services for real estate t


Dubai Silicon Oasis H1 revenue up 5.4pc

Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), registered a 5.4 per cent increase in revenue in the first half of this year, over the same period in 2016.   Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Civil Avia


Bahrain Marina 'in big demand' at Cityscape

Bahrain Marina Development Company said its 310,000-sq-m mixed-used development project, Bahrain Marina, garnered a lot of interest among investors and visitors during the Cityscape Global 2017 held recently in Dubai, UAE. Dubbed as an iconic world-class facility, ‘Bahrain


Dubai approves $354m Expo 2020 contracts

Dubai government is set to spend Dh1.3 billion ($354 million) on development of rain and groundwater drainage systems for districts around Al Maktoum International Airport, Expo Dubai 2020 and near urban centres, said a report. The funds were approved by Sheikh Hamdan bin Rashid


Acwa consortium wins $3.8bn Dubai solar park project

Dubai Electricity and Water Authority (Dewa) has awarded a major contract to Saudi Arabia’s Acwa Power and China’s Shanghai Electric for developing the Dh14.2-billion ($3.86 billion) Phase Four of Mohammed bin Rashid Al Maktoum Solar Park which will have a 700 MW capacity.


Emaar plans first Vida hotel in Egypt

UAE-based Emaar Hospitality Group is set to develop Vida Marassi Marina, a major leisure development with 120 hotel rooms and suites offering a refreshing 'marina tourism' experience.   This marks the first project under its Vida Hotels and Resorts brand


Geze unveils new automatic door drivers

Geze, a leading global player in building technologies sector, has announces new automatic door drivers, which is an extension model to its strongest drive - the Geze Powerturn. The Powerturn F has been designed for special situations such as double-leaf, asymmetrical swing doors


RTA opens major bridge on Dubai Airport Street

Dubai's Roads and Transport Authority (RTA) has opened a new bridge at Marrakesh Street intersection on Airport Street as part of the second contract of the Dh404-million ($110 million) Airport Street Improvement Project. The opening of the bridge will contribute to easing th


Campion rolls out smart lighting solutions for UAE

Campion International, a leading provider of sustainable and eco-friendly lighting solutions, showcased its new solar lighting generation for urban projects and smart cities at the Cityscape Global expo held recently in Dubai. During the three-day event, Campion gave a comprehens


FCC unit wins $320m Egypt wastewater plant deal

FCC Aqualia, a leading water management company based in Europe, said it has been awarded a $320-million contract to design, build and operate the Abu Rawash wasterwater treatment plant in Cairo, Egypt. A unit of global environment, water and infrastructure works specialist FCC,

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