Orascom consortium to build new wind farm in Egypt

500MW wind farm is now the country’s largest renewable energy project. A contract for the development of a 500MW wind farm in...

BinGhatti says UAE-China talks will boost FDI in UAE

New partnerships will encourage Chinese investors to invest in the UAE real estate market, especially in Dubai. Muhammad BinGhatti, CEO and Head...

Mohammed Bin Rashid Al Maktoum City, District One partners with DIB for easy payment plans

Bank to offer home financing solutions of up to 80% for project’s customers . Mohammed Bin Rashid Al Maktoum City, District One,...

RTA tests efficiency and manufacturing quality of rail fastening systems for Route 2020 Project

Visit by senior RTA delegation was to ensure all fastening systems were compatible with both local and international specifications and standards. Dubai’s...

Ready for new challenges – Hamish Tyrwhitt interview

Gavin Davids sits down with Hamish Tyrwhitt, CEO of Arabtec Holding, to talk about how the homegrown construction giant is re-energised. Back...

China’ Silk Road Fund acquires 24% stake in DEWA CSP project

China’ Silk Road Fund acquires 24% stake in DEWA CSP project. China’s Silk Road Fund plans to acquire a 24.01% equity stake...

Palmon Group launches private REIT as it looks to raise $90mn

Manrre property fund aims to acquire rent-yielding commercial assets. The family behind the Palmon Group, a UAE-based conglomerate, has announced the launch...

ANCG $204m contract wins include ‘leading’ airline HQ

New contracts also include construction of a new emergency services building and roadworks . Al Naboodah Construction Group (ANCG), a subsidiary of...

LuLu’s chairman Yusuff Ali M.A.: ‘We’re investing $266.8mn in KSA’

Expansion strategy includes new $53 million wholesale and logistics centre in KAEC. LuLu Group’s chairman Yusuff Ali M.A. revealed that the company...

Nakheel completes $16.3mn retail Pavilion at Dubai’s Badrah community

A second Pavilion retail destination is also underway at Al Furjan. Nakheel says it has completed a new Pavilion, a $16.3 million...

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