UK based contractor opens new branch in UAE: Deluxe Theme Turnkey Projects
Author: Paromita Dey
Softening GCC real estate market provides the catalyst for takeover.
The 1 million square meter residential project near Riyadh receives approvals.
New venture eyes multiple construction projects across the Gulf.
Financing with three Abu Dhabi banks will part fund Six Flags theme park.
New residential development consisting of 132 townhouses will be ready by end of 2017.
Residential development on Yas Island is company’s biggest yet.
Korean contractor lands another major deal in Saudi Arabia.
Jeremy Crane of Yellow Door Energy, on the Shams Dubai rooftop solar power program. When did Yellow Door launch in the UAE, and why? Was there a visible demand in the market? Yellow Door was launched on July 1st, 2015 to respond to DEWA’s new net metering legislation under the Shams Dubai program. We created this new venture, a spin-out from Adenium Energy Capital, because servicing hundreds of distinct electricity consumers is a different business model that requires a nibble client focused company instead of a private equity firm. Yellow Door can supply solar power for less than the DEWA…
German giant signs MoU with FEWA for 2,200 MW plant in Northern Emirates.