UAE AND EGYPT SIGN DEAL TO CONSTRUCT WORLD LARGEST WIND FARM

UAE AND EGYPT SIGN DEAL TO CONSTRUCT WORLD LARGEST WIND FARM

UAE and Egypt have agreed to jump in the race in building one of the world’s largest onshore wind farms in Egypt. The project once completed will see Egypt have the world’s largest wind farm whereby overtaking the current one at Gansu, China. The agreement was made in COP27 with UAE President H.H Sheikh Mohamed bin Zayed Al Nahyan and Egyptian President Abdel Fattah El Sisi who had overseen the signing between Masdar based in Abu Dhabi and Egypt’s Infinity Power and…

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DAL GROUP TO BUILD NEW PORT IN SUDAN RED SEA

DAL GROUP TO BUILD NEW PORT IN SUDAN RED SEA

The president of the DAL Group, businessman Osama Daoud, announced that the United Arab Emirates (UAE) will build a new port in the Red Sea in Sudan as part of the new investment deal between the UAE and Sudan. The deal, which represents the first major foreign partnership in Port Sudan, is part of a 6 billion dollars’ worth investment package, Daoud explained to Reuters. Daoud explained that the four billion dollar port is a…

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EAGLE HILL LAUNCH US$2 BILLION COMMUNITY DEVELOPMENT PROJECT IN ETHIOPIA

EAGLE HILL LAUNCH US$2 BILLION COMMUNITY DEVELOPMENT PROJECT IN ETHIOPIA

Eagle Hill reveal masterplan for US$2 billion community development project in Ethiopia UAE leading firm, Eagle Hills is set to launch a community development project in Ethiopia. This project will help create more opportunities for residents in the community. Meanwhile, Ethiopia government will receive 27% share from the project. The project will include malls, an apartment house of up to 4,000, three star hotel and creation centre. Meanwhile, before the development will take place, over…

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AUSE LAUNCH 3D PRINTING CONSTRUCTION WORKSHOP

AUSE LAUNCH 3D PRINTING CONSTRUCTION WORKSHOP

AUSE launches a robotics and 3D printing construction workshop that will reduce unskilled labour by 50% in UAE. American University of Sharjah Enterprises (AUSE) has announced its launched of a series of workshops exploring the role of robotics and 3D-printing in Sharjah’s construction sector. The workshop was designed to enhance STRIP’s role in the UAE’s economic diversification and growth as well as contributions to the non-oil sectors and recent studies have shown that 3D tools can…

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AL LILAC SECOND PHASE PROJECT LAUNCH

AL LILAC SECOND PHASE PROJECT LAUNCH

Majid Al Futtain Properties and Sharjah Asset Management Holding has launch the Phase II Al Lilac neighborhood at Al Zahia. The neighborhood is expected to have a three-bedroom townhouses, four and five-bedroom villas and the newly introduced three-bedroom courtyard villas and will release 61 residential units of luxury four and five-bedroom villas, tailored to offer an integrated lifestyle for the entire family. Majid Al Futtaim Communities CEO Hawazen Esber; “Developed to inspire people to celebrate life every…

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DEYAAR UNVEILS DH1BN(US$272M) SOUTH BAY TOWER

DEYAAR UNVEILS DH1BN(US$272M) SOUTH BAY TOWER

Deyaar development has announced plan during the just concluded Cityscape Global 2017 to construction a South Bay Tower which is a premium residential, serviced apartment and hotel property that will be located in Business Bay, one of Dubai’s most desirable destinations for residents and tourists. South Bay Tower is design to focus on verticality, featuring sleek lines that effortlessly combine design with functionality and it is expected to be Deyaar first project with three accommodation components: residential, serviced apartment,…

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UNION PROPERTIES PLANS SUBSIDIARY COMPANIES CONSTRUCTION

UNION PROPERTIES PLANS SUBSIDIARY COMPANIES CONSTRUCTION

Union Properties, one of the UAE leading property investment developers has announced plans to diversify its operations and revenue sources by opening two new fully-owned subsidiary companies: Union Malls and Al Etihad Hotel Management. The both projects is expected to be located in the heart of MotorCity where the Union Mall is to provide retail and leisure options with a 100,000-sq-m complex spreading over four floors while Al Etihad Hotel Management will develop and manage luxury hotels and furnished…

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