World’s first unmanned DC plant to serve 82 buildings

DUBAI 25 February 2020: Emirates Central Cooling Systems Corporation (Empower) has announced the full-swing operation of the world’s first unmanned district cooling plant at Jumeirah Village Circle in Dubai. The 3rd generation district cooling plant […]

DMCC attached to Investment Corp Dubai

DUBAI 24 February 2020: In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Law No. (3) of 2020 on […]

Abu Dhabi to license, regulate holiday homes

ABU DHABI 23 February 2020: The Abu Dhabi Executive Council has issued a resolution regarding the provision and licensing of holiday homes. The Department of Culture and Tourism (DCT), will oversee all activity relating to […]

Are post-handover payment plans risk to buyers?

DUBAI 23 February 2019: Post-handover payment plan property valuations in today’s market are, in some cases, having a harsh impact on end-users. Post handover payment plan offers from developers have become increasingly popular over the […]

Marsa Mina entertainment destination opens at Zayed Port

ABU DHABI 21 February 2020: Abu Dhabi Ports announced the inauguration of ‘Marsa Mina’, the city’s new waterfront lifestyle destination at Zayed Port, heralding the area’s transformation into an entertainment destination for international visitors and […]

Dh10 bn in AD public-private partnership tenders

ABU DHABI 20 February 2020: The Abu Dhabi Government has announced its intention to procure approximately Dh10 billion of infrastructure projects this year under its public-private partnership (PPP), model in a range of sectors across […]

Etisalat Group reports net profit of Dh8.7 billion

ABU DHABI 19 February 2020: Etisalat Group announced Tuesday its consolidated financial statements for the 12 months ending December 31 2019, reporting consolidated net profit of Dh8.7 billion. According to a company press statement, the […]

DSI move on to extradite Tabari from Jordan

DUBAI 18 February 2020: In reference to the press statement issued by Khaldoun Tabari on February 5, Drake and Scull International (DSI) would like to refute Tabari’s claims that the allegations against him are “unwarranted […]

Largest IPP thermal power plant coming up

ABU DHABI 17 February 2020: The Abu Dhabi Power Corporation (ADPower), and Japan-based Marubeni Corporation, yesterday announced the formation of a consortium to develop the Fujairah F3 independent power producer (IPP) project, which will be […]

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