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

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