Magazines
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Deyaar Development sees 7.4% increase in net profit for 2018
Real estate firm points out that revenues for the year fell to $175.2m from $204.6m in 2017. Deyaar Development, a leading UAE-based...
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ENBD REIT says value of property portfolio is at $456mn for Q3 2018
Results are due to minor valuation losses due to a soft local real estate market. ENBD REIT, the Sharia compliant real estate...
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Work on Aviation City project progressing according to schedule
Project aims to provide a base for the regional and international civil aviation industry. Work on the Aviation City project is progressing...
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Saudi Arabia seeks EoI for seven solar projects worth $1.5 billion
The projects will have a combined capacity of 1.51 GW and represents the next phase in Saudi Arabia’s energy plans. The Renewable...
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EnerQuip awarded $850,000 contract by Kuwait-based company
The company has alreadys supplied more than eight torque machines to the Middle East in the last 12 months. EnerQuip, a supplier...
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Acciona wins contract to build one of Saudi’s biggest desalination plants
The $571 million plant will be among the biggest in the world and supply enough water for three million people. Saudi Arabia's...
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GE & Sumitomo ink power deal with SEWA
Project consists of three combined-cycle blocks, with first to come online in May 2021 . GE and the Sumitomo Corporation have signed...
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Siemens wins $228.3mn contract from Oman government
Contract win is firm’s largest within the sultanate . Siemens has been awarded a $228.3 million contract from the Oman government for...
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Rahail Aslam, group CEO, Select Group – Interview
"We’re quite happy with the market. It’s just that we have to work harder. As a business, it makes us fitter.". Last...
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Worker welfare: A moral and legal obligation
Tatjana Stepanova, Worker Welfare manager at Cimolai Rimond, on why firms must take worker welfare seriously and how it benefits the bottom...