Top solar developers vying for 800MW Dubai contract

<p>Dubai's state utility company has said that a large number of international developers have submitted bids to be involved in the third phase of the Sheikh Mohammed bin Rashid al-Maktoum Solar Park.</p>.... Read more »

Posted on : 12/9/2015

Aster DM Healthcare inaugurates its new medical centre in Bahrain

<p>Dubai-based healthcare provider Aster DM Healthcare has expanded its reach as it inaugurated the Aster DM Medical Centre in Gudaibiya, Bahrain providing affordable and world-class healthcare services to the Kingdom. The centre was inaugurated on behalf of His Royal Highness, Prince Khalifa bin Salman Al Khalifa, Prime Minister of the Kingdom of Bahrain by the Cabinet Affairs Minister Mohammed bin Ibrahim Al Mutawa.</p>.... Read more »

Posted on : 12/9/2015

Opec free-for-all a boon for Asia economies

The world's biggest oil consumers could hardly have hoped for a better Opec meeting..... Read more »

Posted on : 12/8/2015

Honeywell smart building technology to make ME debut

Honeywell is unveiling its next generation of smart building technology, including the command and control suite, for the first time in the Middle East at the 2015 Internet of Things World Forum, or IoTWF, concluding today at the Dubai World Trade Centre, or DWTC..... Read more »

Posted on : 12/8/2015

Saudi Arabia offers room for growth in retail

<p>The recent softening in the UAE’s retail climate has given rise to retailers looking for new frontiers. The Emirates may be the retailing king of the Mena region, with Dubai second only to London as the globe’s most brand-penetrated city, but Saudi Arabia is the new opportunity for many companies.</p>.... Read more »

Posted on : 12/8/2015

Aswaaq reveals retail expansion plan in Dubai

<p>Aswaaq, the supermarket and mall operator owned by Investment Corporation of Dubai (ICD), has revealed a Dh110 million expansion plan.</p>.... Read more »

Posted on : 12/8/2015

Internet of Things revenues to grow 18% in 2015

Dubai: The global revenues from the Internet of Things (IoT) will increase more than 18 per cent from $655.8 billion (Dh2.4 trillion) in 2014 to $779.9 billion this year, said a top Cisco official..... Read more »

Posted on : 12/7/2015

Oman Oil plans to invest $4bn to boost output despite low prices

<p>Oman Oil's exploration and production division plans to invest up to $4 billion over the next five years to boost output despite low oil prices, the state-owned company's chief operating officer said on Monday.</p>.... Read more »

Posted on : 12/7/2015

Iran to sign $3bn gas contract with Indian consortium

<p>Iran has agreed a $3 billion contract with a consortium of Indian companies to develop the Farzad B c in the Persian Gulf, according to the Mehr news agency.</p>.... Read more »

Posted on : 12/7/2015

GFH Capital acquires market leading bread and sweets producer in Saudi Arabia

<p>UAE GFH Capital, a subsidiary of GFH Financial Group, announced today that it has agreed to acquire a market leading bread and sweets producer in the Kingdom of Saudi Arabia (“KSA”) for a transaction value of US$50 million.</p>.... Read more »

Posted on : 12/7/2015