Saudi building automation growth seen at 9.4pc

<p>Saudi Arabia’s rising infrastructure in the residential, hospitality and retail segments will play a key role in driving the kingdom’s automation and control market to grow at a CAGR of 9.4 per cent during 2015-21, a report said.</p>.... Read more »

Posted on : 12/17/2015

Jordan's King Abdullah II Inaugurates First Utility-Scale Wind Farm in the Middle East

<p>The 117 MW Tafila Wind Farm, a Masdar Joint Project, Puts Jordan on the Renewable Energy Map</p>.... Read more »

Posted on : 12/17/2015

Abu Dhabi To Build 350 MW Solar Power Park

<p>After Dubai, other jurisdictions in the United Arab Emirates are also planning to set up large-scale solar power projects with a target to increase the share of renewable energy in their energy consumption.</p>.... Read more »

Posted on : 12/17/2015

GCC food services sector to reach $24.5b in 2018

<p>The Gulf Cooperation Council (GCC) countries’ food services market is expected to have a compound annual growth rate (CAGR) of 6.8 per cent to reach $24.5 billion (Dh89.9 billion) in 2018, up from $18.8 billion in 2014, according to a statement on Thursday from investment firm Al Masah Capital .</p>.... Read more »

Posted on : 12/17/2015

Dubai-China trade hits Dh500b in 4 years

Bilateral trade relations between the UAE and China are seeing more growth and prosperity, as leaders of both countries are paying utmost attention to enhancing economic cooperation, according to the Dubai Customs..... Read more »

Posted on : 12/16/2015

Abu Dhabi utility embarks on renewable energy with solar project - sources

Abu Dhabi's power utility is building a 350 megawatt (MW) solar plant, two sources said on Tuesday, its first renewable project and part of a plan to produce seven percent of the emirates' power from renewables by 2020..... Read more »

Posted on : 12/16/2015

Manama's $2.5bn Bahrain Bay development starts to take shape

<p>Work has started on more sections of the $2.5 billion Bahrain Bay development in Manama.</p> <p>Gulf Daily News reported that the ten-year-old project will see a number of projects completed in 2016, following the opening of the Four Seasons Hotel Bahrain Bay in March this year.</p>.... Read more »

Posted on : 12/16/2015

Construction starts on Kuwait renewable energy park

<p>Construction work has started on Kuwait’s Shagaya renewable-energy park, starting with a photovoltaic plant.</p>.... Read more »

Posted on : 12/16/2015

Qatar expects to start $10bn Barzan gas project in 2016

<p>Qatar expects to start operations at its Barzan gas project in 2016 with full output the following year, the Ministry of Development Planning and Statistics said on Wednesday.</p>.... Read more »

Posted on : 12/16/2015

Dow and DuPont to merge

<p>Dow and DuPont have agreed to consolidate as equals, creating three new firms, including a materials science giant that will cover packaging.</p> <p>Under a deal announced on 11 December, the companies will combine in an all-stock merger of equals, creating a combined company to be named DowDuPont</p>.... Read more »

Posted on : 12/16/2015