Assetline Asia, the Asian operations of the US-based Assetline Holdings, a leading online construction equipment exchange, has announced an alliance with the UAE-based Hadeed Building Machinery Trading to develop Assetline's online services in the Middle East. Assetline is hoping to access the region through its website at www.AssetLine.com, a B2B portal developed for the construction and heavy machinery industry.

Weather forecast centre planned

Abu Dhabi: A weather forecasting centre powered by solar energy is to be established at a conservation area in Abu Dhabi, UAE, and will form part of the development of Al Wathba Lake, the first protected area to be established in the emirate.

The area is being managed by the Environmental Research and Wildlife Development Agency (ERWDA). In co-operation with Abu Dhabi Municipality, ERWDA will implement a development plan for the area that includes establishing, besides the weather centre, facilities such as a visitor centre at the lake, educational centres for students, visitors and those interested in the environment and a centre to monitor the movement of birds.

Irrigation network approved

Dubai: An irrigation network for Nad Al Shiba and golf courses in the area in Dubai, UAE, has received approval from Shaikh Hamdan bin Rashid Al Maktoum, the Deputy Ruler of Dubai, Minister of Finance and Industry and Chairman of Dubai Municipality.

The Dh14 million ($3.8 million) project, to be undertaken in three phases, has been awarded to a local contracting company and is expected to be completed in seven months.

Thai company eyes UAE market

Dubai: Major Thai construction firm Ch Karnchang Public plans to set up operations in the UAE following a visit by some representatives who explored the potential of the construction market in the country.

Thai ambassador to the UAE Snanchart Devahastin said the visitors drafted a proposal to set up operations in Abu Dhabi. Karnchang is a listed company in Bangkok and among its major projects are expressways and industrial plants. It was involved in the construction of the Thai International Airport.

Investment park first phase ready

Dubai: The first phase of the Dubai Investments Park (DIP), spread over 400 hectares of industrial and residential plots, has been completed and handed over to the management by UTCC, the contractor. With the completion of the phase, roads and other infrastructure are in place and all plots are fully serviced.