Al Hamra awards infra works contract for Falcon Island to ENERVO Contracting
Ras Al Khaimah-based developer Al Hamra announced on Wednesday that the infrastructure works contract for its one billion UAE dirhams ($272 million) Falcon Island luxury development was awarded to ENERVO Contracting & General Maintenance. The main construction will start upon completion of infrastructure works, which started in March, the developer said in a statement. The […]
UAE-China bilateral trade seen hitting $200bln by 2030
Over 200 Chinese business leaders gathered at Dubai Multi Commodities Centre to observe China Business Day and celebrate the growing commercial ties between UAE and China, which target bilateral trade hitting $200 billion by 2030. Commenting on the event, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers said: “The UAE represents one of […]
Acciona partners with Orsted to develop construction solutions for offshore wind projects
Spanish engineering and construction company Acciona announced on Wednesday that its infrastructure division has signed a memorandum of understanding (MOU) with Denmark’s Ørsted, a global renewable energy company and leader in offshore wind, to jointly develop solutions to address the challenge of manufacturing large-scale foundations for offshore wind farms. The agreement includes the development of […]
Al Habtoor Group to reopen retail space at Beirut property
Al Habtoor Group (AHG) has announced the reopening of the retail space at AHG touristic complex in Sin El Fil, Beirut, which includes Hilton Beirut Habtoor Grand Hotel and Hilton Beirut Metropolitan Palace. UAE businessman and Founding Chairman of AHG, Khalaf Ahmad Al Habtoor said: “We have a great love for Lebanon, and I […]
UAE Moon mission: Ispace announces update, says spacecraft carrying Rashid Rover likely made hard landing on lunar surface
The Japanese spacecraft carrying the UAE’s Rashid Rover to the Moon is believed to have made a hard landing on the lunar surface. In an update about the status of its HAKUTO-R Mission 1 (M1), Japan-based ispace said the communication between the lander and the mission control centre (MCC) has not been established yet, nearly […]
Danube launches first FashionTV-branded luxury tower in Dubai
based Danube Properties on Tuesday launched Fashionz luxury tower in partnership with FashionTV. Located in Jumeirah Village Triangle (JVT), the 65-floor tower will have over 700 apartments. In February, the developer launched 2.05 billion UAE dirhams ($558.22 million) Viewz with Aston Martin furnishings as its first branded residential project in Jumeirah Lakes Towers (JLT). […]