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

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