Kuwait starts operating its first ever solar power plant

Kuwait began operating its first-ever solar power plant on Wednesday at the Umm Gudair oil field, a landmark for the OPEC member country as it seeks to diversify its sources of energy to meet fast-rising local demand..... Read more »

Posted on : 11/15/2016

Dubai's Phanes plans three solar plants in Nigeria

Dubai-based solar energy developer, investment manager and asset manager, Phanes Group, has announced it has acquired and will co-develop three 100MW grid-connected solar plants in Nigeria..... Read more »

Posted on : 11/15/2016

Abu Dhabi's Adnoc to raise oil production to 3.5m bpd by 2018

Abu Dhabi National Oil Company (Adnoc) plans to scale up its oil production target by 400,000 barrels per day (bpd) to 3.5 million bpd in 2018, according to the company’s 2030 strategy..... Read more »

Posted on : 11/14/2016

Abu Dhabi's ADNOC to increase $10bn Al Hosn project capacity by 50%

Abu Dhabi National Oil Company (ADNOC) and US-based Occidental Petroleum announced on Tuesday plans to expand the Al Hosn facility’s sour gas processing capacity by 50 percent..... Read more »

Posted on : 11/14/2016

Abu Dhabi's NPCC wins $141m oil field deal in India

Abu Dhabi-based National Petroleum Construction Company has won a $141 million contract from India’s Oil and Natural Gas Corporation Ltd..... Read more »

Posted on : 11/14/2016

Kuwait approves plan to set up its 'largest oil company'

Kuwait’s Ministry of Commerce and Industry (MCI) has approved a request by Kuwait Petroleum Corporation (KPC) to set up what would become the country’s largest oil company..... Read more »

Posted on : 11/14/2016

Warner Bros World Abu Dhabi set for 2018 opening on Yas Island

Abu Dhabi: Warner Bros. has announced a $1 billion Warner Bros. theme park in Abu Dhabi, which is expected to open by 2018, top officials in the capital said on Tuesday. The result of a partnership between the Abu Dhabi Tourism and Culture Authority and Miral, the $1 billion (Dh3.67 billion) project will feature a range of famous Warner Bros (WB) characters, such as Bugs Bunny, and is expected to create around 1,000 jobs in the emirate. .... Read more »

Posted on : 11/11/2016

Nakheel and RIU Hotels commence development of Deira Islands resort and waterpark

Dubai: Dubai developer Nakheel and Spanish hospitality company RIU Hotels & Resorts have started developing their Dh900 million joint venture resort and waterpark at Dubai’s Deira Islands, according to a joint statement on Sunday. .... Read more »

Posted on : 11/11/2016

Dubai Holding launches multi billion dollar SmartCity in South Korea

DUBAI: Dubai Holding on Thursday launched the multibillion dollar SmartCity in Seoul, South Korea. Covering an area of 51 million square feet, SmartCity Korea will be strategically located between the two cities of Seoul and Incheon, close to two international airports..... Read more »

Posted on : 11/11/2016

Shaikh Mohammad launched index for smart buildings

Dubai: A smart building index was launched across the UAE on Tuesday, setting benchmarks for building designs and encouraging the use of modern construction methods that speed up the construction process..... Read more »

Posted on : 11/11/2016