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Nakheel awards $194mn Dragon Towers contract

DUBAI / WAM Nakheel has signed a construction contract for Dragon Towers, its new, twin-building residential complex with a total development value of AED713 million ($194mn), to be built at Dubai’s rapidly-expanding Dragon City mixed-use community. Under the AED552 million contract, handed to UAE-based Ali Mousa and Sons Contracting, mobilisation will begin immediately, with anticipated completion in 2021. Nakheel also ...

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DHCA signs agreement to advance Chinese medicine

DUBAI / WAM Dubai Healthcare City Authority (DHCA), the governing body of Dubai Healthcare City (DHCC), on Sunday announced a partnership with the Traditional Chinese Medicine and Technology Industrial (GMTCM), Park from Macao to advance the field of complementary and alternative medicine (CAM), in the free zone. Both parties will contribute to cementing the ongoing cooperation between the UAE and ...

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CBD, PwC in digital innovation pact

Dubai / WAM Commercial Bank of Dubai (CBD), and PwC Middle East, signed an agreement on an innovation programme that will help the bank in its objective to become default digital and in providing customer experience by collaborating with fintech startups, and effectively leveraging emerging technology as a tool. The agreement was signed by Dr Bernd van Linder, CEO of ...

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