Thursday 25 May 2017

Grid inter-connectivity to net $33bn savings for GCC

Grid inter-connectivity between the GCC countries will generate $33 billion in investments, economic and energy savings for the bloc over the next 25 years, reported The Gulf Times, citing data from leading global consultant Dun & Bradstreet. The GCC Interconnection


Diyar Al Muharraq wins ISO 9001 certification

Diyar Al Muharraq, one of the leading urban developers in Bahrain, has achieved the distinction of being certified to ISO 9001 for quality standards. This significant accomplishment highlights the developer’s stringent adherence to policies and regulations that results in t


Top interior design expo kicks off in Dubai

More than 1,100 companies are taking part in the 27th edition of the Index Design Series, the region's leading interiors and design trade show, and the co-located Middle East Stone, which opened its doors on Monday (May 22). The four-day exhibitions were inaugurated by Sheikh


Tanzanian group makes debut at Index

Tanzania’s luxury furniture brand Molocaho by Amorette is making its debut at the Index Design Series 2017 expo in Dubai in a big way with the launch of M-Luxury Chair, the world’s only Tanzanite encrusted hardwood chair worth $98,000. A leading interiors and design t


Kuwait to spend $309m on road development

The Kuwait government is set to spend around KD94 million ($309 million) for development of roads and other key infrastructure in South Surra neighbourhood of the capital city, said a report. The project, being implemented by the Ministry of Public Works, involves construction an


Schon breaks ground on $871m hotel apartment project

Schon Properties, a leading private developer in Dubai, UAE, and Dubai Civil Engineering (part of Al Hamad Group of Companies), a leading mega projects construction company in the GCC, together broke ground on their joint venture project, iSuites, at Dubai Investments Park. The l


Crowngate breaks ground on $50m RAK resort

Crowngate International, a global real estate developer, officially broke ground on its latest project in the UAE - the Avani Resort on Al Marjan Island in Ras Al Khaimah (RAK).   The ground-breaking ceremony, held on location on May 21, was attended by Abdullah Rashed Al Abd


Barwa inks Madinat Al Mawater Phase Two contracts

Barwa Real Estate Company, a leading real estate developer in Qatar, has awarded a construction contract worth QR112.5 million ($31 million) to Insha Contracting and Trading Company for the second phase of its ambitious Madinat Al Mawater project. The Barwa announcement comes fol


Oman to call proposals for major solar project

Oman is likely to issue a Request for Proposals (RfP) in the fourth quarter of this year to set up its first large scale solar Independent Power Project (IPP), a report said. Oman Power and Water Procurement Co (OPWP) plans to procure several IPPs providing around 2,400 MW of new


Qatar World Cup stadium cooling ‘big success’

The ground-breaking air-conditioning inside Khalifa International Stadium, Qatar’s first venue for 2022 Fifa World Cup, has been hailed a resounding success by organisers.   Utilising an innovative cooling technology, which is 40 per cent more sustainable than existing

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