• Alstom, Hyundai land big Baghdad metro project

    20-km NETWORK, 14 STATIONS
    A consortium led by Alstom, a global leader in rail transport and sustainable mobility, and Hyundai Engineering & Construction have signed a memorandum of intent with Iraq's government for the implementation of the Baghdad Elevated Train (BET) project.

  • Dubai's October real estate transactions surge to $1.08bn


    More than 1,300 real estate and properties transactions worth AED4 billion ($1.08 billion) were recorded during the week ending October 22. A total of 67 plots were sold for AED266.5 million in addition to 825 apartments and villas worth AED1.3 billion.

  • Middle East, Africa power industry tenders down 14pc in Q3


    The power sector tenders activity in the Middle East and Africa (MEA) region witnessed a slowdown during the third quarter with around 238 tenders announced, down 14 per cent compared to the last four-quarter average of 277, according to a report.

  • GVG starts phased delivery of Turkish residential project units


    Dubai-based GVG Real Estate Development said it has begun a phased handover of units within its key project, Pearl of Trabzon, in Turkey. On completion, it will boast 11 buildings featuring 300 apartments along with several modern facilities.

  • UAE gets key ISO certifications for robust nuclear regulatory system


    The UAE's Federal Authority for Nuclear Regulation (FANR) has been awarded six ISO certifications this year for the robust systems, it has put into place to carry out its mandate to regulate the nuclear industry in the country.

  • CGCC hands over first batch of Kuwait residential project


    China Gezhouba Group Corporation (CGGC) has completed the delivery of the first batch of units within the Al Mutlaa Residential City to Kuwaiti authorities ahead of schedule. This includes the related plots for 12,177 housing units, said a report.

  • Bobcat unveils powerful 'tools of tomorrow' for EMEA market


    Bobcat, a leading construction equipment manufacturer, has launched the Next is Now campaign in Europe, Middle East and Africa under which it will create the 'tools of tomorrow' that are more powerful, efficient and offers the agility of the brand.

  • TRSDC inks deal with Saudi Ministry of Environment


    The Red Sea Development Company (TRSDC) said it has signed an agreement with Saudi environment ministry in bid to regulate the regenerative environmental work underway at one of its ambitious tourism island projects coming up on the kingdom's west coast.

  • Signify helps to neutralise viruses with lights


    Signify, a world leader in lighting, has introduced a UV-C portfolio, which helps to disinfect homes from viruses and bacteria in an effective way.

  • Conex Bänninger expands Mideast sales team


    Conex Bänninger, a global leader in the design and manufacture of fittings, valves and accessories, has expanded its sales team in the Middle East region recruiting Chris Meir as specification sales manager.

  • Kizad recognised across multiple categories at top awards


    The Khalifa Industrial Zone Abu Dhabi (Kizad), the largest integrated trade, logistics, and industrial hub in the region, has won three fDi Global Free Zones of the Year 2020 awards including that of the best Middle East free zone for large tenants.

  • Abu Dhabi completes 250-unit Al Samha villa development


    Abu Dhabi Housing Authority has announced the completion of a 250-unit residential development for Emirati nationals in the UAE capital. The project has been built in collaboration with Musanada at an investment of AED674 million ($183.4 million).

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Alstom, Hyundai land big Baghdad metro project

A consortium led by Alstom, a global leader in rail transport and sustainable mobility, and Hyundai Engineering & Construction have signed a memorandum of intent with Iraq's government for the implementation of the Baghdad Elevated Train (BET) project. ...



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