Monday 26 July 2021

RAD International Road Construction invests $2.7m

Ras Al Khaimah Economic Zone (Rakez) has welcomed a prominent road construction player, RAD International Road Construction LLC, to its growing industrial cluster in its Al Ghail Industrial Zone.    The branch company was established under the name of RAD A


Azizi revamps project designs to suit post-Covid needs

Azizi Developments, a leading private developer in the UAE, has overhauled the designs of its upcoming homes to appeal to customers’ post-pandemic needs.     Amid the substantial changes in preferences due to the implications of the pandemic on r


Asry shifts to energy-efficient LED lighting technology

Asry, the Arabian Gulf’s leading maritime repair and fabrication facility, has recently shifted to the LED lighting technology that is known as one of the most energy-efficient and rapidly developing lighting solutions.   “Asry aims at consistently d


Empower awards contract for new Al Khail Gate cooling plant

Emirates Central Cooling Systems Corporation (Empower) has awarded the main construction contract for its new permanent plant at Al Khail Gate with a total value of more than AED133 million ($36.2 million).    Construction has already begun and is managed u


ABB to present sustainable solutions at Dubai Expo 2020

ABB, a leading global technology company, will participate in the Dubai Expo 2020 as an official partner of the Swedish Pavilion and highlight how technology can play a key role in building a low-carbon society and preserving resources.   ABB will also showcase


Arzan Wealth plays key role in sale of Dutch office tower

Arzan Wealth, a Dubai-based advisory firm regulated by the Dubai Financial Services Authority (DIFC) said it had advised its client on the sale of an office building in Leiden, The Netherlands.   The sold property is a high-quality a 20,616-sq-m office building


Retrofit Tech Abu Dhabi Summit from September 7

To bring the top stakeholders across the retrofitting, energy efficiency and sustainability sectors together the Retrofit Tech Abu Dhabi Summit is taking place physically from September 7 to 8, 2021 at the Conrad Abu Dhabi Etihad Towers.   Organised by Advanced


Saudi Arabia, UAE spearhead $15.8bn GCC projects market

The GCC construction market has recorded $15.8 billion worth of new project announcements in the second quarter, being spearheaded by Saudi Arabia with half of the contribution, followed by the UAE with a one-third share, according to a report by BNC intelligence.   


Salalah Free Zone completes work on second package of warehouses

Salalah Free Zone (SFZ), an Asyad Group business hub, has announced the completion of construction works of the second package of logistic warehouses covering a total area of 25,000 sq m, a media report said. The facility will lend strong support to the logistics sector in the su


Dubai's real estate sales value in June surges to 8-year high

Dubai’s real estate sector recorded 6,388 sales transactions in June 2021, worth AED 14.79 billion, according to the 16th edition of Mo’asher, Dubai’s official sales price index.   This was the highest value of sales in eight years, it added.

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