Abu Dhabi: Completion of the UAE railway by 2018 can only bring more prosperity not only to the UAE but also the country’s five GCC neighbours as rail lines are constructed across the region, said Etihad Rail . The UAE railway will connect with the sources of raw materials, industrial areas, ports and major population centres, says Etihad […]
Total Industrial investments in the GCC have jumped from $81 billion in 1998 to $338 billion in 2012. The Gulf Organization for Industrial Consulting ( GOIC ) revealed some figures about the progress of industrial activities in GCC countries. The number of firms in the GCC jumped from 7,089 in 1998 to 15,165 in 2012. The number of workers […]
Dubai: Few residents of Bur Dubai could ever imagine that one fine morning they would awaken as islanders. But that’s precisely what lies in store in a few years as the final shovel of dirt is removed to complete the new Dubai Canal, extending the Dubai Creek from Al Shindagha all the way to Jumeirah, […]
- 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) – […]
Two international firms will conduct feasibility studies for the proposed multibillion-riyal railway project that would link the six-member countries of the Gulf Cooperation Council (GCC), it was revealed at a recent meeting here of the GCC transport ministers. Bahraini Minister of Transport Kamal bin Ahmad said the two companies would conduct technical, consultative and engineering […]
The first day of Eid Al Adha is expected be on Tuesday, October 15, in most Islamic countries, according to a statement on Sunday from the Islamic Crescents’ Observation Project (Icop). The statement says, “The sighting of the crescent should be possible in most regions of the world with naked eyes on Sunday October 6, […]
JEDDAH – Saudi Arabia and the United Arab Emirates are seeking to add 1,000 megawatts of solar capacity enough to electrify 200,000 homes. However, the renewable energy drive of setting up solar-power plants will need more than $1.5 billion in financing by the end of 2014. The forecast expansion, which includes Jordan, will require loans […]
Emaar Properties has unveiled its newest residential development in the city. The Hills, envisaged as part of Emirates Living, the pioneering master-planned communities by Emaar, will stand out for its spectacular Golf-course views and a focus on a greener lifestyle through several energy and water efficiency initiatives. Overlooking the Emirates Golf Club, with easy access […]
Dubai: In a major drive to further improve the infrastructure of the city, Dubai Municipality has launched 10 major projects to be completed at various dates in the next couple of years. The projects, at a cost of Dh883.5 million, include the Dubai Safari, traditional souqs, a new fish market, birds and animal market as […]
JEDDAH — The GCC countries are allocating $36 billion to further develop their port infrastructure amid increasing foreign non-oil trade volumes. Saudi Arabia is powering ahead with port infrastructure development with more than $750 million allocated to Dammam’s King Abdul Aziz Port, which includes the launch of a second hi-tech container terminal in 2015 with […]