INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

EIG, Q Properties sign gas deal

EIG will be involved in maintenance works for gas systems of Q Properties in LPG, NG, SNG and CNG. (WAM)
  • EIG will provide the Q Properties with services like feasibility, commercial, technical, conceptual designs and engineering.
  • EIG will also support the project during engineering phases for gas-related work on the Reem Hills luxury development.

Emirates International Gas (EIG), a subsidiary of EHC Investment, will supply gas to Q Properties’ Reem Hills project as the two signed a deal for the same.

EIG will also provide the Q Properties with services like feasibility, commercial, technical, conceptual designs and engineering, construction, operation and maintenance works for gas systems in LPG, NG, SNG and CNG.

Moreover, it will provide all support during the engineering phases for gas-related work on the Reem Hills luxury development.

Under the deal, EIG will initially be installing the gas supply system at the recently launched Reem Hills project.

It is an exclusive, AED8 billion ($2.1bn) modern gated villa community on Reem Island and a leading project of Q Properties.