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KSA’s Public Investment Fund approves masterplan for Neom Bay
Eco-friendly tourist attraction is being developed within $500bn futuristic city of Neom. Saudi Arabia’s Public Investment Fund (PIF) has announced that its...
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Egypt agrees $1.2bn loan with China’s EximBank for light rail system
68km long rail network will connect industrial city to new administrative capital. Egypt has agreed a $1.2 billion deal with the Export-Import...
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ICD Brookfield signs pre-let agreement with Ernst & Young
EY plans to occupy the building from the third quarter of this year. The Investment Corporation of Dubai (ICD)’s joint-venture with Brookfield...
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Drees & Sommer expects stronger construction market in 2019
Greater upfront capital investment expected on new projects . Drees & Sommer Middle East (D&S) expects the regional construction sector will offer...
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Manlift introduces its first Rental App
Regional AWP rental major offers functions such as reserving, scheduling and more on mobile devices . Powered access rental specialist Manlift has...
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Two Raimondi luffers in Abu Dhabi tower build
LR165 and a LR213 luffing jib tower cranes erected by Nurol at 35-storey Corniche Tower job-site. Two Raimondi luffing jib tower cranes...
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Italy’s Eni signs exploration and production deal in Oman
Eni has also signed energy contracts in Bahrain and UAE emirates, Abu Dhabi and Sharjah this week. State-owned Oman Oil Company Exploration...
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UAE announces new regulations for residential communities
Communities must contain facilities that provide a rich residential experience. The UAE government has announced a national policy which includes regulations and...
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Emaar launches Palace Residences in DCH
Five-star waterfront development will be serviced on demand by Address Hotels + Resorts. Emaar Properties has announced the launch of Palace Residences...
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ASGC’s Bishoy Azmy: We’re ‘expecting more’ in 2019
Azmy: "Customers can expect more from ASGC in 2019 as we hand over exceptional projects to every customer that we work with"...