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ENOC launches photovoltaic panels at service stations

DUBAi / Emirates Business Emirates National Oil Company (ENOC) has commenced a solar photovoltaic (PV) panel pilot project which aims to reduce carbon emissions and achieve over 50 percent savings in energy consumption at individual service stations. The project is being implemented at ENOC’s Dubai Media City filling station on Sheikh Zayed Road, as part of the rebuild scheme for ...

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Saudi real estate acquisition in Turkey soars 70% in 2 years

Jeddah / Emirates Business Investors from Saudi Arabia will have a unique opportunity to discover Turkey’s diverse real estate landscape and meet with leading local and international developers and market experts at the inaugural Cityscape Turkey exhibition, which will be held on March 24-26 at the Istanbul Congress Centre. The latest addition to the Cityscape portfolio of global events, the ...

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USA commercial property prices drop for first time in 6 yrs

Bloomberg U.S. commercial real estate prices dropped in January for the first time since 2010, a sign of weakening demand by investors after a six-year rally that pushed values to records. The Moody/RCA Commercial Property Price Index slipped 0.3 percent from December, Moody’s Investors Service said. The decline was led by office and industrial buildings, which each had a price ...

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