Magazines
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Kier Group sells Mouchel Consulting to WSP
The $92m cash deal will result in an immediate profit of $49m for UK contractor. Kier Group, the UK-based contractor, has sold...
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Damac hands over first Dubai South units
Developer says Damac Maison de Ville Tenora hotel apartment project is first to be completed in the planned 145 sq. km. city....
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JLL: Jeddah real estate sector sees slowdown
‘Challenging’ economic backdrop hits the Saudi Arabian city’s residential, retail and office real estate markets. Challenging economic conditions, low oil prices and...
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North Africa construction drive lifts hopes of machinery business
Leading machinery manufacturers and suppliers are cautiously upbeat about the future prospects of the region. Whether it is rail, road and airport...
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Dubai’s RTA inks metro contract with Expolink Consortium
The $2.9bn project includes the extension of the existing Red Line to the Expo 2020 site and the purchase of 50 Alstom...
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Building work starts on ‘The Tower’ in Dubai
Sheikh Mohammed lays foundation stone of skyscraper, which is set to rise higher than the Burj Khalifa. Work on ‘The Tower’ skyscraper...
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Egypt’s Arab Contractors in $15m Dubai hotel deal
Construction contract is the first phase in a bundle of projects worth $163 million, company says. Arab Contractors, one of Egypt’s largest...
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ALEC Energy to build Mideast’s ‘largest private solar plant’
Firm wins contract to design, construct, operate and maintain 70,000sqm, 6.8MV solar plant for Al Nabooda Automobiles. ALEC Energy has announced the...
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Wael Allan named CEO of Dubai’s Drake & Scull
Outgoing chief exec Khaldoun Tabari to continue to serve as Vice-Chairman of construction and engineering company. Wael Allan has been appointed CEO...
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$68 million Dubai Parks road bridges completed
New bridges are designed to meet the transportation needs of major theme park destination. Dubai’s Roads and Transport Authority (RTA) says it...