Dubai's KBW Investments buys Grayscale Interiors

KBW Investments has announced the signing of a majority acquisition of Grayscale Interiors, a UAE-based company that specialises in interior fit-outs..... Read more »

Posted on : 6/13/2016

ADB injects $200-mn booster in road upgrade

he Asian Development Bank (ADB) and the Government of India recently signed an agreement for $200 million new loan to upgrade 176 km roads in the state of Jharkhand..... Read more »

Posted on : 6/13/2016

Maharashtra clears Rs. 14,549-cr metro project

Creating metro network in and around the metropolitan city, the Maharashtra CM recently approved a 32-km long metro line connecting the city directly to the adjoining Thane suburban areas entailing a whopping investment worth Rs. 14,549cr..... Read more »

Posted on : 6/13/2016

UAE ranks 7th global retail hotspot

The UAE ranks 7th leading global retail market and remains an attractive and relatively low-risk market for retailers, with highest sales per capita in the region, a new study has revealed..... Read more »

Posted on : 6/11/2016

Dubai private sector economic expansion fastest in nine months

Dubai: The Emirates NBD Dubai Economy Tracker Index (DET) rose to 54.5 in May from 52.7 in April, the highest reading since August 2015 indicating robust improvement in overall business conditions during the month..... Read more »

Posted on : 6/10/2016

Select buying in Dubai stocks as confidence returns

Dubai: The Dubai index rose on Thursday, extending gains for another session to hit the highest level in more than a week, with buying seen in select stocks, which neared their key resistance area, restoring confidence..... Read more »

Posted on : 6/10/2016

Orpic 'to invest $320m in Muscat - Sohar pipeline'

The state-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) is to invest $320 million in building a 290km pipeline that will help transfer refined products between Muscat and Sohar, according to local media..... Read more »

Posted on : 6/8/2016

Damac launches phase 2 of 'Sharia compliant' project

The Dubai-based real estate heavyweight, Damac Properties, has announced a limited release of units in the second phase of its Sharia-compliant luxury hotel apartment project, Ghalia..... Read more »

Posted on : 6/7/2016

Dubai to launch second phase of solar plant

Solar park to produce 1,000MW by 2030 and help meet target to derive 75% of emirate’s energy needs from clean sources by 2050.... Read more »

Posted on : 6/7/2016

Irena joins initiative to boost corporate use of renewables

Governments and private-sector corporations will collaborate to scale up use of renewable energy in support of the Paris Agreement under a campaign launched at the seventh Clean Energy Ministerial (CEM) meeting in San Francisco, according to a statement issued by Abu Dhabi-based International Renewable Energy Agency, or Irena..... Read more »

Posted on : 6/4/2016