News / Middle East

UAE Carries Out Infrastructure Projects worth AED 235 mn

The United Arab Emirates will carry out infrastructure projects worth AED 235 mn across the country, Invest-Gate reports.

DP World Net Profit Rises by 28% y-o-y in 2016

Dubai-based global ports operator DP World reported a 28% y-o-y rise in net profit for the full year ending December 31, 2016, Invest-Gate reports.

Saudi Arabia Offers Bids to Generate Electricity from Solar Power

Saudi Arabia announces the offering of three bids to generate electricity from solar energy in the years of 2018, 2019 and 2020, Al-Madina reports.

Saudi High-Speed Rail Project Almost Completed

A Saudi high-speed rail project connecting Medina and Mecca is progressing at a speedy pace with 95% of construction works completed, Saudi Gazette reports.

Dubai’s RTA Builds Roads in 16 Residential Areas

Dubai’s Roads and Transport Authority (RTA) completes the construction of roads located in 16 residential districts across the UAE, Invest-Gate reports.

Real Estate Takes Lion’s Share of Abu Dhabi’s Foreign Investments

Foreign investors pump USD 40.3 mn into Abu Dhabi, with the real estate market taking the lion’s share, representing 44.61% of total investments, according to Abu Dhabi Securities Exchange (ADX).

Emaar Unveils Vida Residences Dubai Marina

Dubai-based real estate developer, Emaar Properties, is launching Vida Residences Dubai Marina waterfront homes overlooking the beach, Invest-Gate reports.

Ibhar Enterprises Signs Deals With Int’l Developers At CityScape Qatar

Doha-based real estate developer, Ibhar Enterprises Group, has signed a number of deals with international real estate developers during the real estate international exhibition of CityScape Qatar, Invest-Gate reports.

SSH to Develop Major Kuwaiti Hospital

SSH, a leading project management firm in the Middle East, is partnering with Italy’s architecture practice Studio Altieri and construction company Impresa Pizzarotti & C Spa to design and build the Kuwait New Maternity Hospital (KNMH), according to a released statement.

UAE’s First ‘Green’ Houses Launch, Masdar City

UAE-based Management Consultants LLC (LEAD) and the National Investor PJSC will build the first residential community of private green villas and townhouses at Masdar City, a planned city project in Abu Dhabi, Invest-Gate reports.

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