INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

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.