Tuesday 30 May 2017

Crystal Lagoons inks $117m Egypt project deal

Crystal Lagoons, the multinational water innovation company and developer of crystal clear lagoons, has partnered with top real estate developer, Tatweer Misr, to bring idyllic beachfront living to the $117-million Fouka Bay development in Egypt. Fouka Bay, the 12th project of Cr


Infrastructure investment helps spur Bahrain economy

The implementation of unprecedented levels of infrastructure investment in Bahrain has helped boost the growth of the kingdom's non-oil sector, an Economic Development Board (EDB) report said.  In particular, the GCC Development Fund has seen the volume of active projects doub


Drake & Scull wins approval for key restructuring plan

Drake & Scull International (DSI), a regional engineering and services leader, said it has won approval from shareholders on the proposed capital restructuring programme which will see the company pursue a two-pronged strategy with additional capital reduction in the first phase and endorse


Wasl Properties launches Ramadan arts contest

Dubai’s leading property management and developer wasl properties is celebrating creativity this holy month, with special Ramadan Art competitions that reward artistic flair with exceptional prizes. The annual competitions welcome participation from all ages, with a paintin


Tender for Iran's key oilfield 'within days'

A tender to develop the Azadegan oilfield in the southwestern province of Khouzestan in Iran will be held 'within days', reported Press TV, citing a top government official.   The much-awaited tender over the lucrative Azadegan oil field, which is believed t


Suqia, Dewa partner for water desal project

UAE Water Aid Foundation (Suqia) has partnered with Dubai Electricity and Water Authority (Dewa) to develop a reverse osmosis water desalination plant at the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai, UAE. The project, which reflects Suqia’s efforts in research and


DC Pro Engineering gets top Dubai SME rating

UAE-based DC Pro Engineering, a global leader in district cooling, co-generation, tri-generation and sustainability in green building MEP designs, said it has won top rating from Dubai SME for its business performance, innovation and CSR (corporate social responsibility). The SME


Bahrain's key road project nearing completion

Work on the Malkiya Entrance Dirt Roads Programme in Bahrain, which involves paving of 2.6-km-long roads and  implementation of a storm water drainage network, is nearing completion. The project aims to provide infrastructure services for 90 housing units and facilitate move


Empower's 8-step summer campiagn gets solid response

Emirates Central Cooling Systems Corporation (Empower) said its ‘8 Step Educational Summer Campaign’ to promote energy efficiency in the hot season has received an overwhelming response from customers. The campaign, which is wrapping up soon, focuses on raising awaren


Emirates Transport inks $84m contracts in Q1

Emirates Transport, the country's leading public transport provider, said it has signed Dh307 million ($84 million) contracts in the first quarter covering the key construction and the energy sectors. A total of 40 new and renewed contracts were signed with government and pri

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