Helios Towers has bought a majority stake in SA Towers, a network infrastructure company, with plans to build at least 500 urban cellphone towers across South Africa.

The London-based firm, which owns and leases out 6,560 cellphone masts in Africa, said it was entering the South African market through a joint venture with Vulatel. The company followed up the news of the joint venture by announcing it would buy 89.5 percent of SA Towers for an undisclosed"...

Lafarge Africa, a building materials solutions provider headquartered in Lagos and quoted on the Nigerian Stock Exchange, has spent 168 million naira as part of its Corporate Social Responsibility (CSR), on projects in the Ewekoro Local Government in Ogun State, Nigeria, where one of its factories is located.

The projects implemented include health centres, block of classrooms, and an electricity transformer sub-station. The cement giant has also"...

Preatoni Real Estate has announced the completion of the Dubai Star project, four years after its initial developer abandoned the multi-million project following the 2009-2010 economic crisis that befell the region.

The 45-storey skyscraper, which is located at the upmarket JLT cluster L has now been renamed Preatoni Tower. It boasts some 554 units covering a total of 600,000 sq/ft of prime residential and commercial space.

After"...

(WAM) -- SteelFab 2019 will witness the participation of a number of leading countries in the fields of welding and manufacturing of steel and metal.

These countries will participate through national pavilions that comprise some of the largest commercial and manufacturing companies in the world. The mega-event will be hosted at Expo Centre Sharjah from 14th to 17th January, 2019.

Steelfab,"...

Dubai Land Department (DLD) has recorded 'unprecedented growth' in the last 10 days of 2018 with AED19 billion ($5.1 billion) worth of real estate deals.

Sultan Butti bin Mejren, director general of DLD, said the emirate witnessed more than 2,000 property transactions in the sam period.

Bin Mejren said the figures are 'a positive indicator of a rising wave"...

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased to announce that it has advised on a senior secured loan opportunity in the United States, as part of the recent strategy focusing on investments into debt structures. This third investment under the Real Estate Debt Platform has fixed monthly interest payments to investors during the holding period, and has been structured in a Sharia-compliant manner. There are also two amortization"...

To celebrate its growing family of over 2,000 employees, DAMAC Properties has recently launched the ‘DAMAC Long Service Awards’. The first edition of the awards ceremony, which was held last week at the Trump International Golf Course, recognised team members who have been instrumental in DAMAC’s success story.

“I am humbled to be part of this celebration in the honour of my colleagues, some of whom have been with us for over"...