The Ministry of Agriculture and Fisheries signed the contract for a fishing port in the Wilayat of Barka with Falcon Tourism Investment Company
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Deyaar Development, reported a net profit of AED130.4mn, a 66% drop as compared to AED216.1mn recorded in the same period in 2016.
ACWA Power rolled out a centralised control and monitoring pilot project that will implement Huawei FusionSolar solution for solar plants.
Construction is underway on a new AED10mn dining, sports, and leisure hub at Nakheel Warsan Village villa community in Dubai.
Work on some of the country pavilions for the Expo 2020 Dubai event is expected to begin in April this year, said a report.
Drake & Scull International said that foreign ownership limit, used to calculate its free float weight on the FTSE Russell Index, has been increased to 39%.
Etihad ESCO announced its partnership with Siemens Tech and Smart4Power for the execution of an EPC project at the Dubai International Airport.
Sika has acquired a majority stake in Index Construction Systems and Products, a manufacturer of roofing and waterproofing systems in Italy.
Three real estate projects were unveiled in Sharjah, worth AED2.7bn, by a JV between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills.
Gemini Property Developers appointed National Piling as piling and shoring contractor for the upcoming Symphony – Business Bay, developed at Business Bay.