News / Middle East

ET Energy Starts Construction Of 60.9 MW Solar Power Project, Jordan

ET Solutions AG, a subsidiary of global leading energy solutions provider ET Energy, announces the construction of a 60.9 MW solar power project in Jordan for Saudi-based independent power producer ACWA Power, Invest-Gate reports.

UAE’s KOA Showcases Key Designs At Dubai fair

Emirati developer of community projects KOA showcased its key furniture designs during the Arab world’s leading furniture fair Design Days Dubai, which kickstarted on March 14 and would conclude on March 17, Trade Arabia reports.

Bahrain’s Arcapita Buys Dubai Warehouses For USD 150 mn

The global alternative investment firm, Arcapita, has acquired a portfolio of income-generating logistics assets in Dubai for a total transaction value of approximately USD 150 mn

Emaar Launches New Vida Residences in Q1

Dubai-based Emaar Hospitality Group, the hospitality and leisure subsidiary of global developer Emaar Properties, reveals that it will launch its new Vida Residences in Dubai during the first quarter of 2017, Invest-Gate reports.

Emaar Unveils New Resort In Downtown Dubai

Dubai-based Emaar Hospitality Group, the hospitality and leisure subsidiary of global developer Emaar Properties, unveils the launch of its new city lifestyle resort Address Boulevard in downtown Dubai, Invest-Gate reports.

Aldar to Open 2.4 km Canal, Reem Island

Abu Dhabi developer Aldar Properties is to open a 2.4 kilometer canal in its Shams development on Reem Island, Invest-Gate reports.

UAE’s ADFD to Develop Senegalese Road Project

The UAE’s Abu Dhabi Fund for Development (ADFD) allocated AED 53 mn to establish a -336- kilometer national road in Senegal,

DAMAC Signs AED 1.4 bn- Contracts in 2017

Dubai’s leading luxury real estate developer, DAMAC Properties, announces awarding 121 construction, supplier, and consultancy contracts worth of AED 1.4 bn during January and February 2017

Emaar Shares Decline After 15% Proposed Cash Dividends

Dubai’s Emaar Properties shares declined by 3.27% at AED 7.20 on March 7 after the company announced a 15% cash dividend, Gulf News reports.

Saudi Aramco Prepares to IPO in 2018

Saudi Arabia’s national petroleum and natural gas company Saudi Aramco is preparing itself for its initial public offering (IPO) in 2H of 2017, Invest-Gate reports.

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