Water flows through Dubai Canal now

Dubai residents are excited to see water flow in through the Dubai Canal. As part of a testing process, water has now been released into the Dubai Canal. Work on the Dh2bn Dubai Canal is […]

Empower awarded Dh465m contracts in 9 months

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, signed 42 contracts worth Dh465 million in the first three quarters of 2016 with various companies to serve its expansion strategy in […]

New free zone opens in Ras Al Khaimah

Ras al-Khaimah Port, one of the emirate’s five port facilities, has now established a new free zone area that comes under the licence jurisdiction of RAK Maritime City Freezone Authority. Commenting on the new facility, […]

Mideast M&A market reaches $37.4bn in 9 months

Middle Eastern investment banking fees reached $580.7 million during the first nine months of 2016, an 11 per cent increase compared to fees recorded during the same period in 2015, according to estimates from Thomson […]

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