Sudanese-Russian “unprecedented” gold exploration agreement
The Sudanese Minister of Minerals Ahmed Sadiq al-Karuri dismissed views which questioned the existence of a Russian company that was recently awarded gold mining...
Depa signs contracts worth $195m in H1
Depa, a leading global interior contracting company, signed new contracts worth over Dh719 million ($195.6 million) in the first half of 2015 winning landmark...
Commercial rent to grow annually in Qatar until 2017
Commercial rent in Qatar is expected to grow annually at five to 7 per cent at least until 2017, according to Al Asmakh Real...
Profits at Dubai developer Damac fall by more than a third
Profit at Damac fell by more than a third in the second quarter of 2016 as the Dubai developer blamed a slow Ramadan for...
First nuclear power plant project
The Emirates Nuclear Energy Corporation announced that it has awarded contracts worth $2.5bn to local firms to construct the United Arab Emirates’ first nuclear...
Retail centre in Al Furjan
Dubai developer Nakheel has awarded a construction contract worth Dhs 38m for a new mosque and a second retail centre within the Al Furjan...
Morocco finalising prequalification for next major solar project
The Moroccan Solar Agency (Masen) is finalising the list of prequalified companies that will be invited to participate in its Noor Midelt solar project,...
Dubai financial centre announces 10-year plan
The financial free zone hopes that Dubai’s financial sector will raise its GDP contribution to 18 per cent over the next 10 years.
Dubai International...
Third phase of Mohammed bin Rashid al-Maktoum solar park
Dubai Electricity & Water Authority (Dewa) has received 95 expressions of interest (EOI) for the proposed 800MW third phase of its Sheikh Mohammed bin...
EgyptAir awarded for being fastest-growing airline in Africa
EgyptAir has been awarded for achieving the highest growth rates in Africa in 2016 for the second time, in accordance with the regular operation...
Morocco’s ‘door of the desert’ hosts yet another blockbuster
By Doaa Hussein
RABAT: A bright market in a tepid middle-eastern economic environment, Morocco had shrewdly devoted its attention towards green energy and applied exalted programmes...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...