• Larsen and Toubro?s profits rise

  Increased performance credited to engineering and construction . India’s largest engineering and construction company has reported a 32% increase in net profit...

• Dubai transport expansions will go ahead

  Dubai RTA extends deadlines for tram, metro and Palm Jumeirah monorail completion. Completion of Dubai’s tram, metro and Palm Jumeirah monorail network will...

• DEWA to launch expansion tenders by year end

  AED 28 billion invested to increase power generation and water desalination. Utilities provider Dubai Electricity and Water Authority (DEWA) will launch tenders...

• DAMAC hands over first of 4000 units

  Rate of delivery increases as 10 key properties near completion . DAMAC Properties will delivery almost 4000 units over the next twelve...

• Bulk of FDI to be channelled into manufacturing

  Up to 95% of FDI reserved for manufacturing in 2009 according to report . According to figures from the Economic and Social...

• Arabtec expands in Egypt following Dubai losses

  Firm awarded US $53 million contract to deliver Hanging Gardens project . A contract worth US $53 million has been awarded to...

• IWPPs crucial to meet region’s energy demand

  Firms says independent water and power projects will supply 60% of region's energy by 2015. Independent Power Projects (IPP) and independent water...

• Economic growth has returned to UAE survey says

  Dubai and Abu Dhabi named as preferred Middle East locations for economic growth . A report by real estate broker CB Richard...

• Hyundai submits lowest bid for Kuwait bridge

  A bid of US $2.6 billion has been made for the 25km causeway forming part of Silk City. The lowest bid for...

• Siemens increases aluminium and steel production capacity

  New US $5.6 million service centre to boost Siemens Bahrain operations . Siemens will open a new US $5.6 million service centre...

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