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  • Damac to deliver Oceanscape apartments four years late Damac to deliver Oceanscape apartments four years late

    Damac Properties has begun handing over apartments in its long-awaited Oceanscape project in Abu Dhabi. Most investors bought apartments off-the-plan in 2006, paying 30% of their purchase price in the first 120 days of reserving their property. After seven years Damac has finally finished the project, one of its first and probably last Abu Dhabi ventures. Despite being four years late, ...

  • Construction contracts in Saudi Arabia top $13bn in Q1

    Saudi lender National Commercial Bank (NCB) has said a total of about SR49.1bn ($13.09) in construction contracts was awarded during the first quarter of 2013, Arab News has reported. Sectors within the social infrastructure category, such as healthcare, residential real estate and education, contributed about SR28bn of the overall value of awarded contracts, NCB said. Anchor sectors, such as ...

  • Arabtec to open $650m rights issue on June 9

    The UAE's Securities and Commodities Authority (SCA) has said Dubai-based construction firm Arabtec is to begin subscription for a $650m (Dhs2.38bn) rights issue on June 9, Reuters has reported. The company said in March that the fundraising was part of a five-year expansion plan, which could include a further capital increase of $650m by the end of 2014 if ...

  • Al Maabar awards Arabtec $197m contract in Jordan

    Abu Dhabi-based developer Al Maabar has awarded Arabtec a $197m contract to build three properties in the Jordanian capital, Amman, including the kingdom's first St Regis hotel and two residential towers, Reuters has reported. The project will include the construction of three 17-storey towers with three basement levels of parking. One tower will house the luxurious 260-guest room St Regis ...

  • Stargazers prepare for rare 3-planet sight

    three planets will shine together in a triangle formation low in the western sky in a planetary meet-up known as a conjunction. But there is more to the night sky sight than meets the eye. "Triple conjunctions of planets are fairly rare," ...


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Last Updated on May 27, 9:00 AM CST
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Movie Review

Gladiator

After several years of major releases, it has finally become clear what the DreamWorks strategy is: Each summer, they try to revive some long-dormant Hollywood genre by giving it a splashy, special-effects-laden modern spin. In 1998, they successfully revived the flag-waving World War II epic with Steven Spielberg's "Saving Private Ryan." Last summer, they tried (with considerably less success) t ... ...

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  • I Dream of Jeannie star slips back into costume

    dressed up in the 1960s sitcom's iconic costume during the Life Ball 2013 in Vienna, Austria on Saturday, May 25. The 78-year-old actress stepped out on the City Hall stage rocking the famous pink crop top, harem pants, and braided blonde hair. She even treated the audience with a performance of her signature head nod and wink, which magically brought out her new ...

  • Minnesota DNR warns lakefront property owners Dont remove exposed vegetation

    This September 2012 shows a section of the northwest shore of White Bear Lake, where homeowners are in compliance with aquatic plant removal guidelines the state agency is enforcing this year. (Courtesy of the Minnesota Department of Natural ...

  • Trimble banks on high-tech farming Barrons

    TRMB.O ) is moving into new markets like railroads, water management, and electric utilities to improve productivity and cut costs with its positioning technology, Barron's said in its May 27 ...

  • Singapore Stocks - Factors to watch on May 27

    SINGAPORE, May 27 (Reuters) - Following is some company-related and market news which could have an impact on the local market. ----------------------MARKET SNAPSHOT @ 0008 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1649.6 -0.06% -0.910 USD/JPY 101.14 -0.16% -0.160 10-YR US TSY YLD 2.0107 -- 0.000 SPOT GOLD 1385.39 -0.01% -0.160 US CRUDE 93.53 -0.66% -0.620 ...

  • Rural Americas last hope Giant baseballs

    View Photo Reuters/Reuters - Keith Wilson does welding work on a water tower top being turned into a giant baseball in Muscotah, Kansas, April 30, 2013. REUTERS/Kevin ...

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