Sunday 25 June 2017

Damac lands $1bn Oman mixed-use waterfront deal

Damac International, a leading property developer in the region, said it has secured a major contract from Omani government to transform one of its key ports into a world-class, waterfront mixed-use destination in a joint venture with Omran, the government’s investment, growth and devel


LXA to complete Al Habtoor City project in H2

LXA (formerly Luxe Interior), a dynamic interior design, project management and development company which operates throughout the UK and the Middle East, said work on the Franco Dragone, the vibrant dining and entertainment epicentre of Al Habtoor City in Dubai, UAE, is nearing completion and t


Arcadis names new Middle East CEO

Arcadis, a leading global design and consultancy firm for natural and built assets, said it has appointed Dr Kamiran Ibrahim as the new chief executive for its Middle East operations effective July 1. Dr Ibrahim currently holds the position of managing director for UAE and Oman and wil


Amlak partners with Dubai Land Department

Amlak Finance, a leading specialised Shari’a compliant real estate financier in the Middle East, has announced a key partnership deal with the Dubai Land Department (DLD). This strategic co-operation aims at doubling customers’ properties, enhancing the investment app


India's Sterling and Wilson wins major UAE power project

India-based engineering firm Sterling and Wilson has won both the turnkey engineering, procurement and construction (EPC) and operation and maintenance contract for the world’s largest single location solar photovoltaic (PV) plant at Sweihan in Abu Dhabi, UAE. The plant is


Iran targets 6,500km of new railroads in five years

Iran plans to construct 6,500 km of railroads by 2022, the head of International Transportation Office at Iranian Railways was quoted as saying in a media report. The figure also includes projects being developed, while the construction of further 3,500 km of railroads after 2022


Dubai to launch world’s first Crowd Endowment Park

Dubai has announced plans to set up the world's first collective endowment park and dates factory, thus reviving a 125-year-old custom of the endowment of palm trees in the region. The park is being developed by Dubai Municipality in co-ordination with Mohammed Bin Rashid Global Ce


UAE 'leading the world in renewable energy'

Renewable energy lies at the heart of the transformation strategy adopted by the UAE to diversify its economy and meet the growing demand for energy, said the country's minister of climate change and environment. Dr Thani bin Ahmed Al Zeyoudi was speaking at the World Scienti


Airolink breaks ground on twin school campus in Dubai

Airolink, a major design-and-build construction conglomerate, has started work on Bloom Education's twin school projects - Brighton College and Dwight School of New York - which will come up on a 10-acre site in Dubai. The specialist education division of Bloom Holding was se


Dubai Expo 2020 key substation 80pc complete

Dubai Electricity and Water Authority (Dewa) said its 132/11-kilovolt (kV) substation being implemented within the Expo 2020 Dubai Park is 80 per cent complete and due to be operational by the end of August.    The substation named Mobility with a conversio

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