Abu Dhabi anticipates 8,500 new housing units annually over 3 years

Abu Dhabi is anticipating around 8,500 new housing units per annum over the next three years to come onto the market. However, in the last five years, the arrival of housing units in the capital was as high as 11,000 per annum, says a study by real estate consultancy firm CBRE..... Read more »

Posted on : 10/22/2015

UAE to say hello to 5G at World Expo 2020

Dubai is hosting World Expo 2020 and telecom operator etisalat plans to transform the expo site as the "first and smartest district of the future" by putting in place the fifth generation (5G) mobile network..... Read more »

Posted on : 10/21/2015

Taqa completes Ghana power plant expansion

Abu Dhabi: Abu Dhabi National Energy Company (Taqa) and the Volta River Authority (VRA), a Ghanian state-owned entity, have successfully started commercial operations at the expanded T2 power plant in the West African country..... Read more »

Posted on : 10/21/2015

Dubai to introduce energy efficiency rankings for buildings

<p>Dubai Municipality is planning to introduce a new ranking system for rating a building’s energy efficiency and a new law setting minimum standards for retrofitting properties.</p>.... Read more »

Posted on : 10/21/2015

Millionaires in UAE may go up by 62%

The UAE is expected to see an increase in the number of dollar millionaires by 62 per cent in the in the next five years, Credit Suisse said on Monday..... Read more »

Posted on : 10/20/2015

Broadband, fixed-voice services from Etisalat, du across UAE

The Telecommunications Regulatory Authority (TRA) on Monday confirmed that Etisalat and du are ready to open broadband and fixed-voice services to residential customers across the whole country..... Read more »

Posted on : 10/20/2015

Drake & Scull wins $61m MEP contract for Dubai hotel, mall expansion

<p>Contractor to oversee supply, installation, testing and commissioning of works at unnamed project</p> <p>Drake &amp; Scull International says its engineering division has secured a $61 million contract related to work on a hotel complex and the expansion of a mall in Dubai.</p>.... Read more »

Posted on : 10/20/2015

Habtoor Leighton scoops $127m Dubai hospital contract

<p>Phase one of the $272.2m Fakeeh Academic Medical Centre is expected to be complete by October 2017</p> <p>The UAE-based Habtoor Leighton Group (HLG) has bagged an AED468 million ($127 million) contract for the construction of the first phase of the Fakeeh Academic Medical Centre (FAMC) in Dubai.</p>.... Read more »

Posted on : 10/20/2015

Bahrain to construct second international airport

<p>Bahrain is set to build a second airport on a manmade island off the country's north coast, to accommodate predicted growth in decades to come.</p>.... Read more »

Posted on : 10/20/2015

Saudi Arabia 'plans to develop 17 cities'

<p>Small and medium-sized urban areas are intended to reduce problems facing cities like Riyadh and Jeddah</p> <p>Saudi Arabia’s Ministry of Municipal and Rural Affairs intends to develop 17 small and medium-sized cities across the country, according to a local newspaper. </p>.... Read more »

Posted on : 10/20/2015