Local News

RTA, Dubai Municipality to streamline coop on future projects

  Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), held a meeting with Hussain Nasser Lootah, Director General of Dubai Municipality, during which they discussed means of streamlining cooperation on their future projects. Al Tayer started the meeting with thanking the Dubai Municipality for the huge cooperation and ...

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UAE-PPF accomplishes Masdar energy projects

  Abu Dhabi / Emirates Business The recent inauguration of a 600kW solar photovoltaic plant in the Federated States of Micronesia marks the successful completion of Cycle 2 of US$50 million UAE-Pacific Partnership Fund. Through the UAE-PPF’s two cycles of financing provided by the Abu Dhabi Fund for Development, renewable energy projects have been delivered to 11 Pacific Island nations ...

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Emaar Industries & Investments gets stake in Leaders Fort Contracting

  Dubai / Emirates Business Emaar Industries & Investments (EII), a private joint stock company and member of Emaar Properties PJSC, has acquired a significant stake in the UAE-based Leaders Fort Contracting (LFC), which has extensive expertise in specialised works including Concrete Repair technologies, Industrial & Trafficable flooring, Waterproofing, protective coatings, MEP works among others. EII already has a significant ...

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Experts discuss trends in pipeline industry

  Sunaina Rana / Emirates Business The Middle East is home to around 56 per cent of the world’s oil reserves and 36 per cent of the world’s natural gas reserves, where the maintenance and utilization sector plays an integral segment in the development of the region. Discussing pipeline design, and engineering and project challenges, key stakeholders of the Oil ...

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Architects to redefine UAE’s leisure landscape

    Abu Dhabi / United Arab Emirates Gulf Related, in partnership with leading international architectural firm, ElkusManfredi Architects, has begun implementation of the key design concepts for Al Maryah Central — embracing novel architectural ideas and promising to redefine the UAE’s retail and leisure landscape. Scheduled for completion in 2018, Al Maryah Central is part of an unparalleled 3.1 ...

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MoF launches initiative on economic research

  Abu Dhabi / Emirates Business As part of its strategy to enhance scientific research and studies that provide accurate data to support decision makers, the Ministry of Finance (MoF), launched an initiative to conduct studies by experts in managing the overall economy and the Ministry’s financial policies. Research papers are and will be published in international scientific journals. The ...

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Construction boom boosts region’s fit-out industry

  Alkesh Sharma / Emirates Business Fuelled by a booming construction sector, the GCC region’s interior and fit-out contracting industry is expected to grow by nearly 20 percent and the market expected to cross the whopping mark of $12.5 billion by the end of 2017. UAE is clearly spearheading this market in the region and is expected to add more ...

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Dubai SME launches report on state of equity investment

  Dubai / Emirates Business Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, has launched a report on the ‘State of SME Equity Investment in Dubai,’ the first initiative of its kind in the Gulf region, to encourage investment in the sector and attract direct ...

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Smart Dubai Office looks into key modules for ‘smartest city on earth’

    Dubai / Emirates Business A delegation from Smart Dubai Office (SDO) led by H.E. Dr. Aisha Bint Butti Bin Bishr, Director General of SDO, is exerting more efforts to form business partnership by showcasing its smart transformation roadmap to the founding strategic partners of the smart city transformation process. The delegation visited Dubai Land Department (DLD) to discuss ...

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UAE Telecoms, Media & Technology to be ME hotspot in 2016

  Dubai / Emirates Business Mergermarket, the world’s leading news and intelligence service for mergers & acquisitions, has released its Global M&A Heat Chart that indicates potential future M&A activity based on companies that may be targeted for mergers or acquisitions. The Heat Chart suggests that the Middle East’s Telecoms, Media & Technology (TMT) sector could see the strongest levels ...

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