Business Life

Steel wire roap

The Sultanate of Oman is aiming to become one of the Gulf region's top iron and steel producer, with plans to invest $5bn to boost productivity and construct new facilities as part of the government's efforts to broaden the base of its economy for the coming years.

With a clear directive to further strengthen its position in the country's fast growing construction market, Danube Building Materials FZCO, the leading player in the construction, interior decoration and shop fitting industry, has announced that it will be channelling Dhs50m to develop a new steel facility in Mabella, Oman...

Construction Products Holding Company (CPC) is building another industrial complex to meet growing demand from an unprecedented construction boom in the region.Its new investment is in the Dammam Industrial Zone where a 600,000 square meter area will be developed into an integrated complex consisting of an electric cables factory, a construction steel factory, float glass factory, ready-mix concrete plant, precast concrete plant, transportation company, warehouses and housing & offices facilities.
When completed, it will be CPC's fourth industrial complex and the third largest, said Dr...

Lebanon is still sound place for investments despite the gloomy economic outlook around the world as a result of the global economic recession. This is one of the views echoed by a leading Arab investor who attended a conference on real estates in Lebanon last month. There is a growing agreement among many western and Arab financial analysts that Lebanon is one of the countries that managed to take full advantages of the crisis in the US and Europe. Properties in Lebanon and especially in Beirut are still seen as lucrative investments even in dark days.

“Let’s face it. Real estate...

Tennis legend, Boris Becker today unveiled one of the region's most ambitious integrated luxury mega-resorts - the Boris Becker Beach Resort & Tennis Academy - partly owned by the former world champ himself.

 Valued at a staggering Dhs3bn, this recreational and residential master-development includes premier holiday homes, world class luxury resort and spa facilities, a five star hotel, and a world-class Tennis Academy. Strategically located at entrance of Ras al Khaimah's lush Al Marjan Island, the sprawling 2.5 million square-foot project offers a rare dual ocean-front advantage...

In a move that reflects the growing tide of environmental awareness around the world, leading regional developer, Tameer Holding, has announced the launch of its new, LEED-certified sustainable project in the heart of the Arjan district in Dubailand - Eye Park.

 Comprising two symmetrical sets of three mixed-use towers facing each other over a central oasis, the elegant, functional and modern Eye Park will offer the ultimate business location in a premiere sustainable development project that will have significantly less environmental impact than most buildings in Dubai. Together, the...

Construction Products Holding Company (CPC) has invested Dhs100m through its UAE affiliate to buy, modernize and develop Techno Cast Precast Abu Dhabi Factory.The move by Construction Products Co. - UAE is part of an ambitious plan by the parent company, CPC, to establish an integrated industrial complex supplying construction and building products in the UAE.
'The remarkable growth of construction and real estate projects in Abu Dhabi requires large amounts of precast concrete,' said Dr. Faysal Alaquil, Director, Business Development and official spokesperson of CPC. 'We aim to keep pace...