RTA awards $191.4m Dubai Water Canal contract

The Roads and Transport Authority (RTA) has awarded a contract worth AED 703 million ($191.4m) for phases four and five of the Dubai Water Canal project, according to a press release..... Read more »

Posted on : 6/1/2016


Ready for 10 more malls in the UAE? Dh30b earmarked for new retail developments

Majid Al Futtaim says it sees enough future growth right here in the UAE to justify an additional Dh30 billion investment over the next 10 years..... Read more »

Posted on : 6/1/2016


UAE, Qatar among most competitive economies

The UAE and Qatar were among the most competitive economies globally, according to the latest World Competitiveness Ranking from the IMD World Competitiveness Centre..... Read more »

Posted on : 5/31/2016


Du offers instant sharing, verifying electronic health records

Du today announced plans to revolutionise healthcare in the UAE using pioneering blockchain technology for the first time in the UAE to introduce a safer common system for instantly sharing and verifying electronic health records (EHR) between hospitals and clinics..... Read more »

Posted on : 5/31/2016


Kuwait awards $4.3bn airport contract

Turkey’s Limak Group has scooped a contract to build a 1.31 billion dinar ($4.34 billion) airport terminal in Kuwait, according to media reports. .... Read more »

Posted on : 5/30/2016


India says will sign Iran port contract during Modi's trip

<p><b>New Delhi:</b> India will on Monday sign a commercial contract with Iran to build and run a strategic port on Iran&rsquo;s southern coast, the Indian government said on Friday, to help it gain a foothold in Iran and win access to central Asia and Afghanistan. </p>.... Read more »

Posted on : 5/20/2016


Oil set for second weekly gain as US output continues decline

<p><b>London: </b>Oil headed for a second weekly advance as US crude production continued to decline and firefighters defended Canadian oil-sands operations from wildfires. </p>.... Read more »

Posted on : 5/20/2016


Dubai's auto parts trade valued at Dh40.5b

Dubai's trade for auto parts and accessories, as revealed by Dubai Customs, stood at Dh40.5 billion in 2015, representing 3.3 per cent of Dubai's total non-oil foreign trade, which amounted to Dh1.28 trillion..... Read more »

Posted on : 5/10/2016


Panama Papers: Names database goes live

A group of investigative journalists on Monday published the names of thousands of offshore companies at the heart of a massive trove of data on the finances of the rich and powerful that has become known as the Panama Papers..... Read more »

Posted on : 5/10/2016


Middle East airlines rule the skies

Middle East carriers witnessed the largest increase in demand among all regions in March this year for international traffic compared to same period last year..... Read more »

Posted on : 5/6/2016