Iran to offer guaranteed purchase terms for power plant construction

<p>Iranian government plans to offer guaranteed purchase terms to domestic and international investors who contribute to the construction of power plants that obtain power from non-exhaustible resources, an official said, IRNA news agency reported.</p>.... Read more »

Posted on : 12/20/2015

UAE's Lulu plans $300m investment in Egypt

<p>UAE-based retail conglomerate Lulu Group said on Sunday it has opened its first hypermarket in the Egyptian capital Cairo, the start of a $300 million investment in the North African country.</p>.... Read more »

Posted on : 12/20/2015

Saudi businessman said to be in talks over $4bn Red Sea tourism project

<p>A Saudi businessman is in talks with Egyptian authorities over a $4 billion tourism resort in Egypt's Red Sea region of Sharm el Sheikh, Egyptian tourism minister Hisham Zaazou told Saudi newspaper Okaz.</p>.... Read more »

Posted on : 12/20/2015

Russia, Iran to discuss meat, dairy supplies

<p>Russia and Iran plan to discuss trade in meat and dairy products next week, Russian food safety watchdog said on Sunday, as Moscow seeks new sources of food supplies amid spat with the West over Ukraine. </p>.... Read more »

Posted on : 12/20/2015

ERC provides medical equipment for hospitals in Yemen

<p>The Emirates Red Crescent, ERC, has provided a large amount of anti-cancer medicines to hospitals in Lahij, Abyan, Dhale and Taiz governorates in Yemen.</p>.... Read more »

Posted on : 12/20/2015

Surplus Shams Dubai power exported to Dewa's grid

The Dubai Electricity and Water Authority, or Dewa, continues its efforts to raise awareness among customers about its Shams Dubai smart initiative to encourage building owners to install photovoltaic solar panels to generate electricity form solar power..... Read more »

Posted on : 12/19/2015

Statoil submits rare $940m plan amid oil-price rout

OSLO: Statoil ASA is forging ahead with an 8.2 billion-krone ($940 million) project designed to squeeze more oil and gas out of the Oseberg area of the North Sea, a rare investment decision amid a collapse of crude prices..... Read more »

Posted on : 12/19/2015

Utico invests $326m as UAE water, power demand rises

<p>Utico has announced investments of nearly AED1.2 billion ($326 million) in new utility projects across the UAE to meet the growing regional demand for water and power.</p>.... Read more »

Posted on : 12/19/2015

Ministry of Health meets with French delegates to establish joint cooperation in medical field

<p>UAE - H.E. Dr. Amin Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing, welcomed to the Ministry of Health 's Abu Dhabi headquarters French Ambassador to the UAE Michel Miraillet, Camille Petit, Director and Advisor to Ambassador for Cultural Affairs and Cooperation, and Mr. Benoit Tamalet - Regional counsellor for Health Embassy of the French Republic.</p>.... Read more »

Posted on : 12/19/2015

UAE's Tabreed inks $52.4m loan to fund theme park cooling plant

UAE-based National Central Cooling Company, better known as Tabreed, on Wednesday announced it has completed the signing of an AED192.5 million ($52.4 million) loan with Emirates NBD for the district cooling plant it is developing for Dubai Parks and Resorts..... Read more »

Posted on : 12/18/2015