Strong demand continues for premium office space in Dubai, CBRE data shows

Number one location for future office supply is Dubai South, report finds. Strong demand continues to be generated for premium office space...

ABB to deliver WindSTAR transformers for offshore wind project

Transformers are designed specifically for floating wind turbines. ABB has won a contract from MHI Vestas Offshore Wind that will see it...

Egypt signs $1.2bn agreement with Russian-Hungarian JV for rail infrastructure projects

Deal will see JV manufacturing and suppling 1,300 new railway passenger vehicles. The Egyptian Minister of Transport has signed a $1.2 billion...

National Bank of Kuwait says 2,500 workers safely evacuated from under construction HQ site following massive blaze

Kuwait Fire Department safely evacuates workers in ‘record time and without any injuries', bank says. National Bank of Kuwait (NBK) says that...

New consultancy Devmark launched to support developers in optimising RoI

Firm’s chief executive believes market has appetite for innovation and strategic intervention. Real estate veterans Sean McCauley and Richard Aybar have founded...

ARCON first to use EPD software to verify ready-mix concrete in Dubai

ARCON now able to "substantiate" end-to-end life cycle programmes for construction materials. Al Naboodah Construction Group's ready-mix producer ARCON (Al Naboodah Ready-mix...