Tecom's Dubiotech, EnPark to jointly form new entity - Dubai Science Park

<p>Dubai-based freezone operator Tecom Group has announced that two of its entities – the Dubai Biotechnology and Research Park (DuBiotech) and the Energy and Environment Park (EnPark) will operate jointly under a new cluster called Dubai Science Park.</p>.... Read more »

Posted on : 10/19/2015


Dubai's Aster DM Healthcare in $245m Saudi hospital investment

<p>The investment brings Aster DM Healthcare's total ownership stake to 97 per cent in Sanad Hospital</p> <p>Aster DM Healthcare, a Dubai-based healthcare company, has bought an additional 57 per cent stake in a hospital in Riyadh for Dhs 900m ($245m), it said on Sunday.</p>.... Read more »

Posted on : 10/19/2015


Nakheel awards Dhs 2.3bn construction deals for retail projects

<p>The developer has confirmed the builders of Deira Islands Night Souk, Warsan Souk and The Circle Mall</p> <p>Dubai developer Nakheel has has awarded construction contracts worth Dhs 2.3bn for three of its retail projects in Dubai.</p>.... Read more »

Posted on : 10/19/2015


SABIC unveils plans for three new JVs in China

<p>Saudi Arabia's SABIC is planning to set up more than three joint ventures in China, according to its acting CEO Yousef Al Benyan,Bloomberg reports.</p>.... Read more »

Posted on : 10/19/2015


UAE AND NEW ZEALAND PARTNER TO BOOST SOLAR POWER IN SOLOMON ISLANDS

<p>The UAE and New Zealand have signed an arrangement for the development of a jointly funded 1 MW solar photovoltaic power plant in the Solomon Islands. </p>.... Read more »

Posted on : 10/19/2015


Saudi Electric signs 4 bln riyal utility contract for housing projects

<p>The contract, signed between the firm and the Ministry of Water and Electricity, is for 29 projects being implemented by the Ministry of Housing</p>.... Read more »

Posted on : 10/19/2015


Nakheel awards Dh2.3 billion deals for major projects

Nakheel has awarded construction contracts worth nearly Dh2.3 billion for three major projects in its growing retail portfolio, the developer announced on Saturday..... Read more »

Posted on : 10/18/2015


Gitex Tech Week opens with 3,600 companies exhibiting

Dubai: The 35th Gitex Technology Week, the largest ICT exhibition in the Middle East, Africa and South Asia and the third largest in the world, opened doors to trade and businesses yesterday..... Read more »

Posted on : 10/18/2015


Pacific islands launch UAE-funded solar power projects

<p>Two Pacific island nations will this week inaugurate individual solar photovoltaic (PV) power plants funded by the UAE and developed by Masdar, Abu Dhabi’s renewable energy company.</p>.... Read more »

Posted on : 10/18/2015


Visitors to MidEast Watch & Jewellery Show up 17%

The recently-concluded 39th MidEast Watch & Jewellery Show succeeded in attracting more visitors, recording an almost 17 per cent surge in footfall, and in the process pulling in nearly 8,300 more shoppers than the previous edition..... Read more »

Posted on : 10/17/2015