Thursday, January 17, 2019

Sharjah announces new budget for infrastructure and social support

Sharjah, UAE has announced a budget with total expenses of AED 25.7 billion for 2019, marking a ten per cent growth in comparison to...
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Voltamp Power and TATUNG sign a technological collaboration agreement

Voltamp Power has recently signed technology collaboration with TATUNG of Taiwan for related to 220 kV and 400 kV Class Power Transformers which will...
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Strong returns for international investors in Dubai

High GDP Per Capita and World-class Infrastructure Drive Added Value for Property Investment in Dubai’s Premier Destinations According to Emaar With its high gross domestic...
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Compelling investment opportunity

The IPO of Dhofar Generating Company which opened for subscription on July 1, 2018, and will close on July 30, 2018 represents an offer...
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Nama Group posts RO1.12bn in revenue

Nama Group has announced that its revenue had reached RO1.12bn in 2017 while the group's total investments in the development of transmission and distribution...
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ACWA Power wins $302mn solar project in KSA

ACWA Power, a global leader in developing, constructing, and operating power generation and water desalination plants, has won the Skaka independent power producer photovoltaic...
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Larsen & Toubro wins major contract in Oman

India’s construction conglomerate Larsen & Toubro said it has secured a major construction contract valued at Rs.4.3bn ($67mn) for a residential project in Oman....
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Nama appoints advisors for privatising five subsidiaries

Nama Holding, a government-owned holding company of Nama Group which is engaged in generation, transmission, distribution, supply and procurement of electricity in Oman, has appointed...
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Bright prospects

Vijaya Kumar, CEO of KR Infrastructure Group exudes confidence that the slight increase in oil prices, planned investments in Duqm and commissioning of the...
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Omran launches first hotel in Madinat Al Irfan

Omran, Oman’s tourism development company, has launched the first hotel within the Oman Convention & Exhibition Centre (OCEC) precinct. The highly anticipated Crowne Plaza...
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