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Abu Dhabi's TAQA Gets Nod for Dutch Gas Facility

Abu Dhabi's TAQA Gets Nod for Dutch Gas Facility

Abu Dhabi National Energy Co (TAQA), the state-run oil and gas utility firm, has received approval from the Dutch government for the construction of a gas storage facility in Dutch's Bergermeer field, it said on Wednesday.

May 2, 2012 3:28
 
Dubai's Arabtec Says Unit in $137 Million Contract Win

Dubai's Arabtec Says Unit in $137 Million Contract Win

An Arabtec Holdings unit has won three contracts in Qatar and the UAE worth $137.22 million, the Dubai builder said on Monday. The largest of the contracts, worth a combined AED504 million, is from Qatar Petroleum for the construction of a workers facility to be built over three years, according to a statement

April 23, 2012 4:25
 
Morocco axes Orascom-led group from solar project

Morocco axes Orascom-led group from solar project

Morocco has excluded a group led by Egypt-based Orascom Construction Industries from the bidding for the first phase of a major solar energy project, l'Economiste newspaper reported on Friday.

March 24, 2012 3:43
 
Dubai’s Arabtec’s Q4 profit surges

Dubai’s Arabtec’s Q4 profit surges

Dubai builder Arabtec , in which Abu Dhabi's Aabar Investments upped its stake recently, saw a three-fold rise in its fourth-quarter net profit, handily beating analyst expectations.

March 8, 2012 3:37
 
China seeks reconstruction role in Libya

China seeks reconstruction role in Libya

China has sent a team of government officials and company executives to Libya to discuss post-war reconstruction and how to protect Chinese assets, the official Xinhua news agency reported on Sunday.

February 5, 2012 12:42
 
Bouygues plans Qatar JV ahead of World Cup 2022

Bouygues plans Qatar JV ahead of World Cup 2022

Bouygues Construction, part of French conglomerate Bouygues, is to set up a joint-venture in Qatar, which is to host the 2022 soccer World Cup.

January 17, 2012 2:44
 

Dubai’s Drake & Scull in $95.8M Saudi deal

The Saudi unit of Dubai contractor Drake & Scull has signed a 352 million dirhams ($95.8 million) deal to build a commercial development project in Riyadh, the company said in a statement on Tuesday.

December 6, 2011 10:33
 

Abu Dhabi’s Commodore Contracting buys stake in Ferrostaal owner

Abu Dhabi construction company Commodore Contracting is taking a 25 percent stake in Ferrostaal's new owner, MPC Industries, Handelsblatt daily reported on Monday, citing MPC.

December 5, 2011 11:18
 
High risk for Dubai’s high rise residents

High risk for Dubai’s high rise residents

Know what to when there’s a real emergency in your building? Maybe it’s time you did. Precious de Leon, asks who’s responsible for your safety at home and at work.

November 14, 2011 4:21
 
Dubious delays?: Abu Dhabi’s museum move

Dubious delays?: Abu Dhabi’s museum move

It's a marketing tactic and not economic realities that led to the decision to delay some of their projects, says TDIC. Of course, it is.

October 30, 2011 2:31
 
Firms vie for Qatar’s $8.2B World Cup construction contract

Firms vie for Qatar’s $8.2B World Cup construction contract

Everyone wants a piece of the World Cup pie in Qatar. The country’s bullish growth is estimated to result in 5,000 employees by 2017 from the current 3,500.

October 18, 2011 2:18
 
Firms compete for a spot in India’s economic battleground

Firms compete for a spot in India’s economic battleground

The UAE isn't the only interested investor in India. Fierce competition for infrastructure projects in India is even ramping up government expectations in infrastructure spending to $1trillion over 5years.

September 20, 2011 11:13
 

Saudi Binladin Group to invest $500M in Turkey-paper

Private contractor Saudi Binladin Group (SBG) is planning to invest $500 million in a housing project in Turkey, the Turkish Star newspaper reported on Wednesday.

July 20, 2011 10:48
 
Qatar building boom bets on life after World Cup

Qatar building boom bets on life after World Cup

Doha, like Dubai, aims to be commerce, tourism hub; Number of hotels seen rising tenfold in 10 years; Qatar to spend some $65 billion on World Cup preparations - Reuters

July 2, 2011 10:05
 
Baby piece

Baby piece

When it comes to labour standards, the UAE is far from perfect, but considering the slight alterations in its four-year-old midday break rule, things are getting better.

June 4, 2011 4:34
 
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