- The New Canal spans three kilometres from the Business Bay to Arabian Gulf – Six metres in depth and bridges rising 8.5m will ensure free passageway of large boats – The project includes shopping mall, four hotels and 450 restaurants and expected to attract 20 million visitors annually Dubai, 2 Oct. 2013 (WAM) – […]
DUBAI – Ongoing roads and bridges developments across the GCC are currently valued at $109 billion according to the most recent figures from business advisory and research firm, Ventures Middle East. The UAE, second worldwide for roads quality in the latest Travel and Tourism Competitiveness Report, has investments worth $58 billion in the pipeline for […]
JEDDAH – Dubai real estate developer Damac Properties has handedSaudi Binladin Group ( SBG ) a SR353 million ($96 million) to construct a luxury housing project located on King Fahad Road, Riyadh. The work will be completed by Binladin subsidiary Haramain Gate for Construction, the main construction contract for Damac’s Esclusiva Luxury Serviced Apartments. The 150m tower will include 100 […]
Dubai: The six GCC (Gulf Cooperation Council) countries have sanctioned $155 billion (Dh596 billion) worth of solar power projects that will generate 84 gigawatts when completed in 2017, according to the region’s first dedicated solar technology exhibition Gulf Sol 2013. Derek Burston, Director of UK-based Bowmedia, organisers of Gulf Sol 2013, said in a statement […]