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ACC wins $1.7bn Reem Island contract |
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Abu Dhabi property developers Sorouh Real Estate and Tameer Holding Investment have awarded a contract worth Dh6.2 billion ($1.69 billion) to Arabian Construction Co to build a flagship project on Abu Dhabi's Reem Island.
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Emivest rebrands SSAC, eyes aviation sector |
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Emirates Investment and Development Company (Emivest), the majority shareholder of Sino Swearingen Aircraft Corp (SSAC), has rebranded the US-based firm to Emivest Aerospace Corporation signalling its latest foray into aircraft manufacturing sector.
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Rare ME crystal ewer fetches $5.6m |
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A 1,000-year-old carved rock crystal ewer, one of only seven known surviving examples, has fetched 3.2 million pounds ($5.6 million) at a London auction, Christie's said.
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Dubai Duty Free sales grow 27pc |
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Dubai Duty Free sales went up 27 per cent to Dh2.8 billion ($780 million), in the first nine months of 2008 against the same period a year ago, a report said.
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