Philips partners with Dubai government for LED lighting

<p>Philips is to supply LED lighting to 262 buildings in Dubai in an agreement between the company and Dubai’s government.</p>.... Read more »

Posted on : 1/8/2014

UAE lighting industry hits $336m, estimated to grow by 15% in 2014

<p>As the Emirates experience vast population growth and urban development, governments and companies are realizing the significant benefits of intelligent lighting and drawing attention towards ecological products in an effort to reduce CO2 emissions and energy consumption. </p>.... Read more »

Posted on : 1/8/2014

GCC production of LED lighting to reach 6%

<p> Dubai: GCC production of LED lighting is expected to reach six per cent in 2013-2014 due to increased oil production, new analysis has shown.</p>.... Read more »

Posted on : 1/8/2014

UAE wood industry to see 126pc growth

<p>The UAE wood industry will register cumulative growth of 126 per cent over the next seven years driven by the boom in the construction sector as part of the Expo 2020 build-up, said the organisers of an upcoming industry event.</p>.... Read more »

Posted on : 1/8/2014

Wood industry in UAE gets a boost

<p>The inaugural edition of the <em>Abu Dhabi International Wood and Wood Machinery Show </em>successfully culminated its three-day run at the Abu Dhabi National Exhibition Centre (ADNEC) with total onsite sales amounting to over USD 2.2 million and expected sales of over USD 15 million.</p>.... Read more »

Posted on : 1/8/2014

End of rent cap, low charges give Abu Dhabi an advantage

<p>Dubai: With more high-rises getting delivered, especially in the Reem Island cluster, Abu Dhabi’s property market is intent on getting on to the cash-ready investors’ radar at the earliest. It now has the serious competitive advantages to present its case as well.</p>.... Read more »

Posted on : 1/1/2014

Forecast demand decrease will push oil price down to $80 per barrel: Kuwaiti expert

<p>Kuwait City: Oil prices are forecast to range between $80 per barrel and $90 per barrel, largely due to fall of demand as compared to supplies.</p>.... Read more »

Posted on : 1/1/2014

US stocks cap stunning 2013 with fresh records

<p>New York: US stocks powered to fresh records during the last session of 2013, closing out a year of stunning gains that some analysts say could continue in 2014.</p>.... Read more »

Posted on : 1/1/2014

Dubai Chamber seeks stronger economic ties with African countries

<p> Dubai, UAE: The Dubai Chamber of Commerce and Industry 's International Representative Office in the Ethiopian capital Addis Ababa recently organised a roundtable discussion on strengthening economic cooperation between Dubai and a large number of Southern and East African countries from the African block.</p>.... Read more »

Posted on : 12/13/2013

Hayaat bets on East African oil explorer's prospects

<p>Hayaat Group, an Abu Dhabi-based investor, has bought a minority stake in an East African oil explorer for A$3.3 million (Dh10.8m).</p> <p>It acquired a 9.5 per cent equity in Swala Energy, an Australian oil and gas firm with explorations in Kenya and Tanzania.</p>.... Read more »

Posted on : 12/13/2013