Dubai’s Union Properties to sell 40% stake in Dubai Autodrome for $108.8mn

Developer will also acquire an existing investment property in Business Bay for $68mn. Union Properties, the Dubai-based property developer, has announced that...

Continental launches extreme temp air springs

Conti claims there are significant improvements in use at high temperatures and new sleeve can withstand extreme long-term stress. Continental has introduced...

Saudi’s Tourism Development Fund inks $42.66bn financing deal for key projects

The Tourism Development Fund was founded in June with an initial $4bn investment and aims to diversify the economy . Saudi Arabia’s...

ADM and Huawei announce build and certification of municipal data centre

Huawei is said to have the largest share of the global modular data centre market. Abu Dhabi City Municipality (ADM) has said...

Arabtec Holding to file for bankruptcy, claim reports

Reuters claims Arabtec email states backdrop of adverse market conditions has led shareholders to approve the liquidation and dissolution of firm. Arabtec...

Expo 2020 Dubai: Poland’s pavilion enters key phase

The Polish exhibition will be almost entirely non-contact after being adapted to fit new Coronavirus guidance . The development of Poland's pavilion...

Kleindienst Group says The Heart of Europe will be the world’s most sustainable tourism project

Phase 1 of the US$5 billion project located on The World Islands off the coast of Dubai is slated for completion in...

Bobcat launches new generation R-Series B730 backhoe loader

Advanced new design lays emphasis on easier operation and improved cab environemnt, with choice of control patterns, powerful engine and hydraulics for...

Serco wins new contract at ADF’s UAE logistics base

New services to begin in December 2020. Serco Middle East has won an expansion contract on the Middle East Logistics and Base...

Phase One of EZDubai 27% complete says Dubai South

Logistics District said to offer seamless, multimodal connectivity between road, air and sea transportation. Phase One of Dubai South’s e-commerce zone, EZDubai,...

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