Tag Archives: Abu Dhabi

Abu Dhabi’s TAQA to build UAE desalination plant

Reuters – Abu Dhabi National Energy Company plans to build a water desalination plant in the United Arab Emirates to meet rising demand, the state-owned utility said on Tuesday.

The 30 million gallon per day plant will be built in …

Abu Dhabi residential real estate rebounds strongly in 2013

Abu Dhabi residential real estate rebounds strongly in 2013

Prime residential sales in Abu Dhabi prices jumped 25% in 2013 (AFP Photo)

Prime residential sales in Abu Dhabi prices jumped 25% in 2013
(AFP Photo)

Reuters – Abu Dhabi’s residential real estate market rebounded strongly last year from a slump, helped by government intervention, a report by a real estate advisory firm …

Dubai’s Arabtec wins $705m Abu Dhabi contract

Reuters – Major Dubai-based builder Arabtec Holding said on Tuesday that one of its units had been awarded a AED 2.59bn ($705m) construction contract on Abu Dhabi’s Al Reem Island.

The project will house a five-star hotel and a residential …

UAE sees keen interest for largest oilfields on revised terms: Minister

UAE sees keen interest for largest oilfields on revised terms: Minister

The Gulf nation has the capacity to produce 3 million barrels per day (bpd) and is currently producing 2.8 million bpd (AFP Photo)

The Gulf nation has the capacity to produce 3 million barrels per day (bpd) and is currently producing 2.8 million bpd
(AFP Photo)

Reuters – Abu Dhabi has received strong interest from international firms for participating in its largest oilfields, …

Middle East funds still bullish on equities – survey

Middle East funds still bullish on equities – survey

Dubai's market, rebounding from the bursting of a real estate bubble in 2008-2010, is up 80% this year (Reuters Photo)

Dubai’s market, rebounding from the bursting of a real estate bubble in 2008-2010, is up 80% this year
(Reuters Photo)

Reuters – Fund managers in the Middle East show little sign of taking money off the table as a year …