Damac Chosen to Develop $1Bn Waterfront Tourist Port in Oman

damac properties

Dubai’s Damac International second largest listed developer has signed an agreement with Government of Oman to develop its Port Sultan Qaboos  in the country’s capital Muscat into a $1 billion mixed use tourism destination through a joint venture with Omran, the government’s investment, growth and development arm. ‘Mina Sultan Qaboos Waterfront’ More...

by Infrabuddy | Published 1 day ago
Adani group
By Infrabuddy On Thursday, June 22nd, 2017
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China’s East Hope Group & Adani Group Signs $300 Mn Investment MoU

China’s largest private companies, East Hope Group, will invest USD 300 million in setting up manufacturing units at the Mundra SEZ in partnership with Indian infrastructure giant Adani Group. The memorandum of More...

Indian Rail Sector
By Infrabuddy On Thursday, June 22nd, 2017
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Malaysia’s First Major FDI Boost in Indian Rail Sector

Indian Railways had held a road show in Malaysia in March this year to showcase Investment opportunities in India’s rail sector.  Malaysia’s state-owned Construction Industry Development Board (CIDB) in More...

Eagle Hills luxury project
By Infrabuddy On Tuesday, June 20th, 2017
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Eagle Hills luxury project ‘The Address Fujairah Resort + Spa’ draws interest during Iftar

Diners at the Palace Downtown hotel in Dubai have been enjoying a unique view during their Iftar meals – a model of a fabulous new development being built in Fujairah. ‘The Address Fujairah Resort + Spa’ is More...

Dodsal Group
By Infrabuddy On Tuesday, June 20th, 2017
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UAE’s Dodsal Group Bags EPC Contract for $1.1Bn Energy Project in Algeria

Sonatrach, Algeria’s largest state energy producer, awarded an engineering, procurement, and construction (EPC) contract to Dodsal Group a Dubai based business conglomerate to execute a Separation and Compression More...

Kabir Mulchandani Chairman CEO FIVE Holdings
By Infrabuddy On Monday, June 19th, 2017
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Dubai’s FIVE Holdings Group to Launch Two New Projects

Five Holdings a Dubai-based real estate development and hospitality group formerly SKAI Holding last week launched a 2.1 billion UAE dirham Real estate investment trust (REIT) belived to be the region’s first More...

Hydro power
By Infrabuddy On Thursday, June 15th, 2017
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Dubai to Build 250MW Hydro Power Plant at Hatta Dam

The pumped-storage hydroelectric power station project worth Dh58 million at Hatta Dam with a total capacity of 250MW is the first of its kind in the Arabian Gulf which Dubai Electricity and Water Authority (DEWA) More...

bangladesh-flag
By Infrabuddy On Thursday, June 15th, 2017
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Bangladesh Deploys World’s Most Powerful Hammer

Bangladesh Deploys World’s Most Powerful Hammer: – Bangladesh’s Padma Bridge a multipurpose road-rail bridge across the Padma River which is under construction has deployed world’s largest and More...

morocco port project
By Infrabuddy On Wednesday, June 14th, 2017
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Morocco to Construct New Multipurpose Port Terminal in Agadir

The National Ports Agency (ANP) using an investment of MAD 356.6 Mn to construct a new multipurpose terminal at the commercial port in Agadir. The new terminal will contribute to economic and social development at More...

Beijing Test Runs Its First Driverless Train
By Infrabuddy On Wednesday, June 14th, 2017
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Beijing Test Runs Its First Driverless Train

Beijing is preparing to start service of its first driverless subway line by the end of this year having maximum speed on the line 80km per hour and trains will have a capacity of 1,262 passenger. The test run of More...

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