Developer agrees to contracts worth $654m for project that includes 1,540 residential units

<p>Nakheel, the Dubai-based property developer, says it has signed contracts worth $654 million with three construction firms to help build a residential and retail project at Nad Al Sheba.</p>.... Read more »

Posted on : 9/17/2015

Kuwait to start offshore oil exploration in two years

<p>Kuwait aims to add a total of 700,000 bpd of crude oil production capacity from offshore and onshore areas</p>.... Read more »

Posted on : 9/17/2015

DP World plans solar rooftop project that could power 30,000 homes for a year

<p>DUBAI: DP World, one of the country’s biggest free zone operators, is leading the solar energy charge with plans that could generate up to 40 megawatts of electricity.</p>.... Read more »

Posted on : 9/17/2015

Dubai's Robo Doc to cut waiting times for critical patients

<p>A new robot doctor at a Dubai hospital has reportedly saved a few lives a week after being put on trial in the hospital’s emergency room.</p>.... Read more »

Posted on : 9/17/2015

Qatar group plans hypermarkets across all emirates in UAE

<p>Qatar-based supermarkets and hypermarkets Saudia Group aims to set up major retail outlets across all the emirates over the next five years, said its managing director.</p> <p>The group has opened Dh80 million Kenz Hypermarket in the UAE in the emirate of Ajman which is spanned over 160,000 square feet.</p>.... Read more »

Posted on : 9/17/2015

Bahrain Tourism exploring merger with hotel groups

<p>Bahrain Tourism Company (BTC) has signed seperate Memorandum of Understandings (MoU) with Gulf Hotels Group (GHG) and Al Jazeera Tourism Company (AJTC) to evaluate the feasibility of a merger.</p>.... Read more »

Posted on : 9/17/2015

Dubai developers used Cityscape to gauge investor sentiment

After all the euphoria of Cityscape Global 2015, it's back to business now for the real estate industry. The three-day event did witness a few major property launches, but nothing much to write home about. Given how the exhibition is a testing ground for overall investor sentiment, did it live up to its hype of returning in a bigger, better format?.... Read more »

Posted on : 9/16/2015

Al-Kharafi launches Wadi Ghalib residential resort at Cityscape

<p>Al-Kharafi Group has launched its latest project 'Wadi Ghalib' residential resort at the ongoing Cityscape Exhibition at the Cairo International Convention Centre.</p>.... Read more »

Posted on : 9/16/2015

Voestalpine Wins Major Supply Contract for 114 km Natural Gas Pipeline Project in UAE

<p>In difficult marketing conditions the Voestalpine Group has been awarded a contract by the National Gas and Industrialization Company (GASCO) of the United Arab Emirates (UAE) to supply 95,000 tons of premium line pipe plates for the 114 km high - pressure Integrated Gas Development Pipeline (IGD-E) project in Abu Dhabi.</p>.... Read more »

Posted on : 9/16/2015

Dubai retailer to invest $272m in major expansion plan

<p>Home Centre, the largest home retailer in the Middle East, on Wednesday announced plans to open more than 50 new stores over the next five years.</p>.... Read more »

Posted on : 9/16/2015