Major expansion planned for Dubai's Al Maktoum airport

A massive new expansion plan has been announced for Dubai’s new Al Maktoum International Airport which will enable the facility to handle up to 26.5 million passengers per year by 2025..... Read more »

Posted on : 3/25/2016

UAE to maximise industrial component in GDP: Al Saleh

Dubai: The UAE economic policy is to maximise participation from industrial sector to boost its GDP component in the country's economic growth..... Read more »

Posted on : 3/18/2016

Najd Rent-a-Car to acquire 8 new luxury cars

UAE-based Najd Rent-a-Car, a leading automotive rental provider and a member of the Al Basel Group, plans to invest Dh5 million ($1.36 million) for the acquisition of eight new luxury cars to be added to its current fleet of in 2016..... Read more »

Posted on : 3/18/2016

Exports of auto feeding industries in Egypt hit $500mn annually

<p>The total volume of Egyptian exports of auto feeding industries is estimated at US$500 million annually, Trade Minister Tarek Qabil said Thursday.</p> <p>Qabil asserted that this volume could be doubled due to the potentials that Egypt owns to grow this industry.</p>.... Read more »

Posted on : 3/18/2016

Jafza registers 52 Automotive, Aeronautics Companies in 2015

<p>Jebel Ali Free Zone ( Jafza ) registered 52 new companies in the automotive and aeronautics industry, bringing the total number to more than 435 companies from 60 countries. Trade volume from 2010 to 2014 also rose by almost 80 per cent.</p>.... Read more »

Posted on : 3/17/2016

South Africa turns on Saudi-built solar to cut coal reliance

<p>South Africa and Saudi Arabian ACWA Power launched a $328 million solar power plant in the Northern Cape province on Monday, as Africa's most industrialised country rushes to expand its power supply and cut its coal reliance. </p>.... Read more »

Posted on : 3/15/2016

Dubai's RTA awards $166m road contract to ease traffic in Karama

<p>Dubai’s Roads and Transport Authority (RTA) has awarded an AED611 million ($166.4m) contract for building an interchange to ease traffic congestion in the bustling locality of Karama. </p>.... Read more »

Posted on : 3/14/2016

Qatar's investment in infrastructure to reach $150bn

<p>Qatar's investment in infrastructure is anticipated to reach about $150bn over the next few years leading up to the 2022 FIFA World Cup, according to a new report.</p>.... Read more »

Posted on : 3/14/2016

Oman to start work on new healthcare complex

<p>Oman-based Al Madina Real Estate will start work on its RO72 ($186 million) integrated healthcare complex at Al Hail region of capital Muscat by the middle of 2016, said a report.</p> <p>The Al Madina International Hospital project will boast of a 225-bed tertiary-care hospital, 120-key three-star hotel apartments, 300 residential unit besides a fitness centre and a dedicated retail space, reported the Oman Observer.</p>.... Read more »

Posted on : 3/14/2016

'World's largest umbrella' under construction in Mecca, Saudi Arabia

<p>The northern courtyard of the Grand Mosque in Mecca will be home to the world’s largest folding umbrella, reports The Saudi Gazette. </p> <p>Work has begun on what will be the first of eight high-tech giant umbrellas, along with 54 smaller ones, to be installed over the next six months. </p>.... Read more »

Posted on : 3/14/2016