Utico invests $326m as UAE water, power demand rises

<p>Utico has announced investments of nearly AED1.2 billion ($326 million) in new utility projects across the UAE to meet the growing regional demand for water and power.</p>.... Read more »

Posted on : 12/19/2015

Ministry of Health meets with French delegates to establish joint cooperation in medical field

<p>UAE - H.E. Dr. Amin Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing, welcomed to the Ministry of Health 's Abu Dhabi headquarters French Ambassador to the UAE Michel Miraillet, Camille Petit, Director and Advisor to Ambassador for Cultural Affairs and Cooperation, and Mr. Benoit Tamalet - Regional counsellor for Health Embassy of the French Republic.</p>.... Read more »

Posted on : 12/19/2015

UAE's Tabreed inks $52.4m loan to fund theme park cooling plant

UAE-based National Central Cooling Company, better known as Tabreed, on Wednesday announced it has completed the signing of an AED192.5 million ($52.4 million) loan with Emirates NBD for the district cooling plant it is developing for Dubai Parks and Resorts..... Read more »

Posted on : 12/18/2015

UAE leads Arab nations in Forbes best business list

The UAE was ranked among the first Arab country and 40th out of 144 global nations on Forbes' annual list of the best countries for business in 2015 topped by Denmark. While five European countries took the top five spots, with a gross domestic product growth of 4.6 per cent and a GDP per capita of $46,300, the UAE improved its position this year..... Read more »

Posted on : 12/18/2015

Iranian oil and gas to open first to foreign investment

Dubai: Iran’s oil and gas sector will be the first to open up to foreign investment, generating much needed cash to fund other infrastructure projects, a panel of Iranian experts said on Wednesday..... Read more »

Posted on : 12/17/2015

UAE solar projects boon for Mauritania

The UAE and Masdar have accelerated the growth of renewable energy in Mauritania, with the start of construction on seven solar photovoltaic projects which will enable Mauritania to save yearly on six million litres of diesel..... Read more »

Posted on : 12/17/2015

President's Initiatives Committee approves AED 314 million road projects

<p>In implementation of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the follow-up of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Follow-Up Committee of the Initiatives of the UAE President has approved a range of housing and service development projects for citizens in different parts of the country at a total cost of AED 314 million.</p>.... Read more »

Posted on : 12/17/2015

Schön Properties Delivers 1.6 Million sq. ft. Schön Business Park Project

<p>Schön Properties, one of the leading property developers in Dubai with a current property portfolio of AED 7 Billion, has proudly delivered its newly completed project, Schön Business Park. The company held a ceremonial ribbon cutting for the new development yesterday (December 16, 2015) and was attended by leading dignitaries and guests.</p>.... Read more »

Posted on : 12/17/2015

Saudi investments in Egypt focus on infrastructure over 3 years - business council

<p>Saudi Arabia's planned $8 billion of investments in Egypt are likely to arrive over the next three years and focus on infrastructure projects, the deputy head of the Saudi-Egyptian Business Council said on Thursday.</p>.... Read more »

Posted on : 12/17/2015

Qatar to spend $72bn on infrastructure projects

<p>Qatar government is set to spend a whopping QR261 billion ($72 billion) on infrastructure development with special focus on transport, water, electricity and sewage besides a number of road expansion projects, said a report.</p>.... Read more »

Posted on : 12/17/2015