UAE to be largest recipient of private capital inflow in GCC

<p>The UAE maintain its status as the biggest beneficiary of private capital inflow into the GCC region – thanks to its well-diversified economy attracting foreign investors and strengthening its status as a safe haven, says a new report.</p>.... Read more »

Posted on : 9/15/2015

Nakheel signs $653m deals to build 1,500 Nad al Sheba homes

<p>Dubai developer Nakheel on Monday signed a trio of contracts worth AED2.4 billion ($653.4 million) for construction work at its new mixed-use community of more than 1,500 villas and serviced residences at Nad al Sheba.</p>.... Read more »

Posted on : 9/14/2015

China's SEPCO set to win gas booster project for Saudi Aramco

<p>Under the new project called MGS 2, SEPCO will build a gas compressor station, industry sources said</p> <p>China’s Shandong Electric Power Construction Corp (SEPCO) will likely win a contract to help expand the capacity of the main gas pipeline across Saudi Arabia, industry sources said.</p>.... Read more »

Posted on : 9/14/2015

Abu Dhabi a symbol of the future, says Solar Impulse co-founder

<p>ABU DHABI: The capital of the UAE is a symbol of the future, the co-founder of a project to circumnavigate the world in a solar-powered aircraft told an audience on Monday.</p>.... Read more »

Posted on : 9/14/2015

Dubai plans to award solar power contract in first quarter

<p>The project to produce 800MW of electricity from the sun will probably be awarded to more than one company, says Dewa chief</p>.... Read more »

Posted on : 9/13/2015

KIPCO plans $5bn real estate project in Kuwait City

<p>Investment firm is planning 380,000sqm project, says vice-chairman</p> <p>Kuwait Projects Company (KIPCO), the largest private-sector investment firm in the GCC state, has announced plans for a $5 billion real estate scheme.</p>.... Read more »

Posted on : 9/13/2015

Dubai financing company makes solar power more accessible in the UAE

<p>Dubai businesses can now generate solar power with a lease-to-own option as a the industry’s first financing company in the UAE opens its doors.</p>.... Read more »

Posted on : 9/13/2015

Saudi Electricity says Aug peak power load hit record high

<p>Saudi Electricity Co’s (SEC)’s peak electricity load hit its highest level ever in August driven by local demand for power during the hot summer, the Gulf’s largest utility said on Sunday.</p>.... Read more »

Posted on : 9/13/2015

Cityscape: Realty sector to lead Dubai's economy, says Mohammed

His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, accompanied by Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, visited Cityscape Global 2015, held at Dubai World Trade Centre, on Thursday..... Read more »

Posted on : 9/11/2015

2nd UAE Robotic Technology Exhibition to feature latest innovations

The Robotic Technology Exhibition (RTEX) is the only dedicated robotics and automation event in the Middle East and North Africa region. The three-day event will feature exhibitors from across the world who will showcase the latest and best in technologically-empowered equipment, machinery and technical services catering to industrial automation applications, drone industry, as well as emerging consumer applications..... Read more »

Posted on : 9/11/2015