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Adnoc awards AED3.2 billion concession to Eni

ABU DHABi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Paolo Gentiloni, Prime Minister of Italy, witnessed the signing of two historic agreements awarding Italy’s multinational oil and gas company Eni stakes in two of Abu Dhabi’s offshore concession areas. Under the terms ...

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Dubai among world’s best for FDI in real estate sector

Dubai / Emirates Business A new group of ‘Hybrid’ cities recorded by JLL as having clear attributes of either ‘Emerging World Cities’ or ‘New world Cities’, has placed Dubai among the world’s top destinations for FDI in the real estate market. In a new report by JLL titled, World Cities: Mapping the Pathways to Success, ’Hybrid’ cities are best epitomised ...

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Azizi to begin awarding $5.5bn contracts in Dubai

DUBAI / Emirates Business Azizi Developments, one of the leading private developers in the UAE, has announced that it will start accepting the prequalification applications for AED20 billion ($5.5 billion) worth of contract tenders for its projects in Dubai in 2018. This is in addition to the developer’s existing pipeline of projects that are in various stages of development across ...

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