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

Dubai's Khushi Group invests Dh235m in different sectors

<p>Khushi Group, a diversified conglomerate, has announced an investment of Dh235 million in a number of projects in the UAE, which include transport, education and sporting infrastructure.</p>.... Read more »

Posted on : 9/16/2015

800 Degrees Neapolitan Pizzeria brings the taste of Napoli to UAE with the launch of its first franchise chain at City Center Me'aisem

<p>800 Degrees Neapolitan Pizzeria launched its first franchise restaurant chain at the New City Center Me'aisem mall on 1st September, 2015.</p>.... Read more »

Posted on : 9/16/2015

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