Wednesday 24 May 2017
 
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Omani firms to set up $31m abalone farming projects

Oman-based Aljazeera Investment Company and The Five Oceans, a recognised local company in fisheries and fish farming, have signed an agreement worth RO12 million ($31.1 million) to develop one of the biggest abalone farming projects in the sult

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Sodic posts three-fold growth in Q1 profit, revenue

Sodic, one of the region’s leading real estate development companies, has started the year in a big way with triple digit growth in both revenues and profits for the first quarter which hit E£703 million ($46 million) and E£211

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Global oil discoveries fell to historic lows in 2016

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that b

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Global oil discoveries fell to historic lows in 2016

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that b

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MAG enters Downtown Dubai with high-end projects

UAE-based MAG Property Development (MAG PD) is broadening its presence across Dubai with the launch of two high-end  developments MAG 318 and MAG 230 in the prime localities of Downtown Dubai and Dubailand. MAG PD, the proper

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Emaar, DPG to install Dubai Lamp in upcoming projects

Dubai Municipality has signed agreements with two major real estate developers Emaar and Dubai Properties Group (DPG) to boost co-operation in the field of energy conservation, said a report. As per the memoranda of understanding

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Cayan projects get 'overwhelming' response

Cayan Group, a leading Saudi-based property developer, said it received an overwhelming response from both the investors and visitors for its upcoming projects at the World Luxury Expo held recently in capital Riyadh. The company

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Bloom starts work on two Abu Dhabi projects

Bloom Properties, a developer of integrated and sustainable communities, said it has started the main construction works at its key developments - Stella Maris in Dubai Marina and Bloom Heights in Jumeirah Village Circle (JVC). Ta

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Cityscape Abu Dhabi opens to record crowd

The 11th edition of Cityscape Abu Dhabi opened its doors today (April 18) to thousands of local, regional and international visitors who flocked to the capital’s largest real estate event to meet over 100 exhibitors and see a host of new p

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Seven petrochemical projects to go on stream in Iran

A total of seven petrochemical projects will go on stream in Iran’s Pars Special Economic Energy Zone in Assaluyeh, Bushehr Province by mid-March 2018, a senior official said in a report. Forty petrochemical facilities are c

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