First Mass Auction of Dubai Properties

UK investors bid for Dubai homes
GulfNews - Dubai, United Arab Emirates
Dubai: Last week saw the first ever mass auction of Dubai properties. However, most of the city's residents are probably unaware of this because the hammer went down in a London hotel. ...

DEWA's New 1500 Megawatt Power Project

Dewa To Tender Dh22B Plant In Sept
Zawya

DUBAI - Dubai Electricity and Water Authority will launch in September this year a tender for a 1,500 megawatt power project with an estimated cost of Dh22 billion, the government owned utility company said on Wednesday. ...

Horizon Terminals Invests $300m in UAE

Horizon To Invest Dh1.1B In Growth
Zawya

Dubai: Horizon Terminals Limited, an Enoc group subsidiary involved in the bulk petroleum products storage business, will invest $300 million (Dh1.1 billion) to build new facilities.

The new investments will add one million cubic metres of storage capacity to the existing five million cubic metres, Horizon chief executive Yusr Hussain Sultan Al Junaidy told Gulf News in an interview. ...

Al-Gamra Project launched by Injaz Development Company

Al-Gamra Project Launched In Riyadh
Zawya

RIYADH: A world-class affordable real estate "Al-Gamra project" was launched by Injaz Development Company, a Riyadh-based master developer and investment giant, yesterday. ...

Johnson Controls' Program to Reduce Energy Consumption

Johnson Controls to partner in US$500 million groundbreaking energy efficiency upgrade at the Empire State Building
Zawya - United Arab Emirates
DUBAI: With its Middle Eastern Headquarters in Dubai, Johnson Controls today announced that it will work with world-class environmental consulting, non-profit, design and construction partners - including the Clinton Climate Initiative (CCI), Rocky Mountain Institute (RMI), and Jones Lang LaSalle (JLL) in an innovative program that is expected reduce energy consumption at the Empire State Building by up nearly 40 percent. ...