DAE signs new $300m 4-year unsecured term loan

DUBAI 21 January 2020: Dubai Aerospace Enterprise (DAE), said it has signed a US$300 million four-year unsecured term loan with China Construction Bank DIFC Branch, and China Construction Bank (Asia) Corporation Limited. The principal amount […]

Confidence returning to Dubai property market

DUBAI 20 January 2020: Dubai’s real estate market could be seeing the first signs of growing market confidence. This is a result of a notable slowdown in apartment sales price declines and the stabilisation of […]

MBR Solar Park phase 3 to be ready in April

DUBAI 19 January 2020:  The 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park will be operational in April, the Dubai Electricity and Water Authority (Dewa), said on Saturday. The announcement was […]

New employee workplace savings plan unveiled

DUBAI 22 January 2020: The Dubai International Financial Centre (DIFC), yesterday announced the final details ahead of the launch of its new DIFC Employee Workplace Savings Plan (DEWS), that will secure the financial future of […]

Abu Dhabi goes in for retrofitting old buildings

ABU DHABI 16 January 2020: The Abu Dhabi Department of Energy (DoE), announced the completion of the emirate’s first Energy Saving Performance Contracting (ESPC), pilot project encompassing eight retrofitted government buildings. The Building Retrofit programme […]

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