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

Sharjah hosts Ukranian delegation to woo tourists

The Sharjah Commerce and Tourism Development Authority, or SCTDA, hosted a group of 100 top travel agents and a TV crew from Ukraine, who were flown in by Air Arabia to spend four days in the emirate..... Read more »

Posted on : 6/4/2016

Dubai firms award Dh30bn plus contracts for mega projects

<p>Dubai companies have awarded projects worth Dh30.46 billion in the first months of 2016, according to a report by consultancy firm, Deloitte.</p>.... Read more »

Posted on : 6/3/2016

Nakheel completes ground works for $545m mall in Dubai

<p>Developer says it has seven construction proposals under assessment for Al Khail Avenue mall, with a contract due to be awarded in July</p> <p>The Dubai-based developer Nakheel has announced the completion of enabling works for its AED2 billion ($545m) Al Khail Avenue mall project in the city’s Jumeirah Village Triangle area.</p>.... Read more »

Posted on : 6/3/2016

SSH to design villas and apartments at Al Mouj in Muscat

<p>Design firm wins contract to design units at mixed-use Oman waterfront community formally known as The Wave</p> <p>Design firm SSH has won a contract to design villas and apartment blocks at the Al Mouj mixed-use waterfront community in Muscat, the company announced.</p>.... Read more »

Posted on : 6/3/2016

Limak signs $4.34bn deal to build Kuwait International Airport terminal

<p>Turkey’s Limak Construction has signed a contract to build the new terminal at Kuwait International Airport.</p> <p>The development comes nine months after reports first emerged that it had won the work, and more than 18 months after reports said that all initial bids had been rejected.</p>.... Read more »

Posted on : 6/3/2016

Majid Al Futtaim to invest $8.17 bn in UAE

<p>Dubai-based Majid Al Futtaim group will invest $8.17 billion (30 billion dirhams) in the UAE over the next 10 years. </p> <p>The investments will be spread across mixed-use, retail and hospitality projects.</p> <p>The company is planning to develop a 740,000 square metres (sqm) mixed-use residential, retail and hospitality community in Dubai.</p>.... Read more »

Posted on : 6/3/2016