Alba net income up 91pc to $245.9m in 2017
Aluminium Bahrain (Alba), the Bahrain-based aluminium smelter, generated a net income of BD92.5 million ($245.9 million) in 2017, up 91...
Middle East Specialized Cables shines at GIF
Saudi Arabia-based Middle East Specialized Cables Company (MESC) introduced some of its new products with high-tech specifications at the...
Abu Dhabi off-plan sales activity robust in Q4
Off-plan sales are driving the Abu Dhabi housing market as the emirate continues to feel the pinch of reduced government spending and...
Dubai residential property prices 'under pressure'
Dubai’s residential property market shows few signs of bouncing back quickly from a now three-year downturn. Having stabilised in 2016,...
MAG awards Dubai mixed-use tower contract
UAE-based MAG Lifestyle Development (MAG LD) has appointed Dutch Foundation as the enabling contractor for its Dh550-million ($150...
Emaar profits hit $1.8bn in 2017
Dubai-based Emaar Properties made $1.8 billion in profit and close to $5 billion in sales in 2017, Mohamed Alabbar, chairman of the...
Dubai Investments unit wins key ISO certifications
Dubai Investments, a leading, diversified investments company, said its wholly-owned subsidiary and leading district cooling service...
Canadian Specialist Hospital plans major upgrade
Canadian Specialist Hospital (CSH), one of the most advanced and comprehensive healthcare institutions in the Middle East, is celebrating...
Berkeley Assets picks new Mideast distributor
Berkeley Assets, a multi-asset company with investments in real estate, hospitality, logistics and technology, has appointed FBMM as its...
Saudi Arabia seeks investors for big water desal project
Saudi Arabia’s Water and Electricity Company (WEC) has approved issuing of Request for Proposals (RFP) to invite private firms to take...
