Saturday 25 February 2017

Smart sustainability top priority for Dubai Investments

Dubai Investments, a leading, diversified investment company listed on the Dubai Financial Market, has joined forces with its subsidiaries to support environment, community as part of its continuous efforts and initiatives to implement sustainable strategies. The company recently


Raytheon lands $1.06bn Qatar air defence contract

US-based Raytheon, a major defence equipment manufacturer, said has been awarded a $1.06 billion contract by Qatar for an early warning radar system that will be integrated into the country's air and missile defence enterprise. A technology and innovation leader, the Massachu


UAE company launches bullet proof glass

Abu Dhabi-based Al Heya Special Glass Factory launched its first 'Made in UAE' blast and bullet resistance glass at Idex this week, hoping to catch the GCC and Mena region markets through its maiden appearance, a report said. The company briefed visitors to its stand on t


Bahrain awards $7m project tenders in January

Bahrain has awarded a total of six tenders worth BD2.7 million ($7.1 million) in January besides inviting bids for tenders for projects related to roads, sanitary work and construction sectors, said a top official. The awarded tenders and tenders for which bids were invited last


Fujairah opens new 33/11 Kv power station

The UAE authorities have launched a Dh29.7 million 33/11 kilovolt power station at Fujairah to ease the load off another three stations in the emirate to ensure sustained flow and efficiency of energy, said a report. This is in line with the Federal Electricity and Water Authorit


$5.5bn contracts signed at Idex, Navdex shows

The total value of deals announced at the International Defence Exhibition and Conference (Idex 2017) and the Naval Defence Exhibition (Navdex 2017) in Abu Dhabi will exceed Dh20 billion ($5.45 billion), an official said. Naval Staff Colonel Fahed Nasser Al Thehli, official spoke


Al Hosn to produce new lightweight protective vest

Al Hosn Armored Systems, a subsidiary of Tawazun Holding, has announced the production of a new cutting-edge, extra lightweight protective vest. The new armoured vest, which weighs only 8.5 kg, will be made in cooperation with Khalifa University Research Center and DuPont and is


Investcorp acquires $400m US residential properties

Bahrain-based Investcorp said its US-based real estate arm has acquired three multifamily housing properties in New York, California, and Nevada for a total purchase price of $400 million. All three properties are located in markets which benefit from robust fundamentals in the m


Dubai Future Academy launches training programme

The Dubai Future Academy has launched its first training programme – the Future Design Diploma – in its Office of the Future in Dubai, the world’s first 3D-printed office. High-ranking executives are set to take part in the 10-day intensive program including exe


Emirates Transport to supply e-vehicles to finance ministry

The UAE Ministry of Finance (MoF) has signed an agreement with Emirates Transport for supply of  electric-powered vehicles. The move comes as part of MoF’s commitment to support sustainable energy resources in line with UAE vision 2021, by using sustainable transport s

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