Middle East-based cooling service provider Empower has secured a US$142mn loan facility from Qatar?s Doha Bank to enable it to fund its expansion plans in Business Bay in Dubai
Technology
DAFZA slashes capital requirements for new tenants
The Dubai Airport Freezone Authority (DAFZA) has reduced the minimum capital requirement for businesses looking to set up their base in the freezone
Video application specialist EV 'to become market leader'
Downhole video technology specialist, EV aims to be the market leader in the region by the end of this year
Saudi Aramco, GE and Tata launch services centre
Saudi Aramco, GE and Tata Consultancy Services (TCS) have announced the launch of the first all-female business process services centre in Riyadh, Saudi Arabia
Abu Dhabi to invest billions of dollars in Russian infrastructure projects
Abu Dhabi has outlined plans to invest as much as US$5bn in Russian infrastructure projects over the next seven years