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ADM’s AED118mn Al Maqta South project to be completed in Q2

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) nearly completed Roads and Infrastructure Project of District 25 at Al Maqta South. The project is expected to be completed in the second quarter of 2018 in cooperation with Musanada, at a cost of more than AED118 million, according to an ADM press release. The development includes construction of roads ...

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Dewa, GE sign AED192.7 million pact

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) has signed an agreement with General Electric to extend the lifetime of the GE 9E gas turbines at E station at the Jebel Ali Power and Desalination Station, worth AED192.7 million. The work is scheduled to start in the first quarter of 2019 and end in the first quarter of ...

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Al Qudra profit hits AED212mn

ABU DHABI / WAM Al Qudra Holding PJSC has posted consolidated net profit of AED212.4 million for the year 2017. This was announced at the annual general meeting for 2017, during which the board of directors announced “great results at all levels and presented its 2017 full activity report for financial year ending on December 31, 2017,” according to a ...

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