Tuesday 26 September 2017

DMCC starts work on Uptown Dubai project

Dubai Multi Commodities Centre (DMCC), a leading free zone for trade and enterprise and master developer of Jumeirah Lakes Towers (JLT) in Dubai, said work has started on its new premium district, Uptown Dubai (formerly known as the Burj2020 District), which on completion will become world-clas


Atkins consortium wins Saudi sanitation project work

A consortium led by Atkins, a member of the Canadian construction major SNC-Lavalin, has won an advisory services contract from Saudi National Water Company (NWC) to provide sustainable sanitation services in the kingdom. Comprising three flagship privatization projects (Jeddah,


UAE's facilities management market to hit $6.6bn

The UAE's facilities management (FM) industry is set to register solid growth over the next five years with its revenue likely to hit Dh24.34 billion ($6.62 billion) by 2022 posting a robust double-digit CAGR (compound annual growth rate) of 12.5 per cent over the current Dh13.5 billion ($3


Visionscape enters deal to buy Petlon Polymers UK

Visionscape Group, an environmental utility company, today announced that it has reached an agreement to acquire UK-based thermoplastics engineering company, Petlon Polymers.    The transaction is a strategic move for Visionscape and will enhance its global


UAE to set up big energy projects in Caribbean region

The UAE has announced the first five projects under the $50 million UAE-Caribbean Renewable Energy Fund across Antigua and Barbuda, Bahamas, Barbados, Dominica, and St. Vincent and the Grenadines.    Announced in January 2017, the fund is a partnership betw


Damac wins big at Arabian Property Awards

Damac Properties, a leading luxury real estate developer in the region, has collected five awards at the Arabian Property Awards held recently in Dubai, UAE. Damac was recognised as a leader in the five categories for distinctive architecture and exceptional interior design. Dama


District cooling 'key to energy storage in future'

District cooling and tri-generation will play an increasingly vital role in the storing and integration of intermittent renewable energy sources in the future, said an engineering consultancy expert.   “We are all aware that renewables are on the way to becoming the do


Smart home households set to reach 463m by 2021

Worldwide smart home households are predicted to grow more than fivefold from 90 million in 2016 to 463 million by 2021, said the organisers of Gitex Shopper 2017, the Middle East’s largest annual consumer electronics exhibition. The exhibitors are showcasing an extensive r


Prescott starts work on prime Dubai residential complex

Prescott Real Estate Development, a leading player in the regional residential and property business, said it has broken ground on a major residential and commercial project, Prime Views, at Dubai's prime address, The Meydan. Estimated to cost over Dh165 million ($45 million)


EmiratesGBC to launch zero energy buildings' report

Emirates Green Building Council (EmiratesGBC) an independent forum aimed at conserving the environment by strengthening and promoting green building practices, is set to launch the country’s first ‘Nearly Zero Energy Buildings’ (nZEBs) report, followed by a discussion on its k

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