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RTA says Smart Traffic expansion project 23% complete
Structural work on the RTA’s new traffic control centre is complete with cladding and electromechanical work scheduled to begin soon. The RTA...
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Emaar Properties revenues soar 37% as 2018 revenues hit $6.9bn
Developer scores full year net profit up 9.7% to $1.63bn for 2018. Emaar Properties, the largest listed developer on Dubai’s stock exchange,...
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Kahlid Nahas to run Binladin Group Global Holding Company
Government move comes as efforts to clip the wings of the Bin ladin family intensify. Saudi Arabia’s government has named Khalid Nahas,...
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Huge bounce in sales in Africa for Renault Trucks in 2018
Sales grow by 25% despite introduction of Algeria quotas. French manufacturer Renault Trucks says sales in Africa increased by 25% in 2018...
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Damac considers Neom as it eyes further expansion in KSA
Developer cites challenging conditions in Dubai property market as a reason for its expansion. Hussain Sajwani, chairman of Damac Properties, has said...
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ECC Group achieves construction milestones on Mirdif Hills developments
Project plots have an approximate built-up area of approximately 3.3mn sqft. ECC Group has made significant progress on Mirdif Hills, with 70%...
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RTA installs 10kW PV panels at Al Qusais Car Park Terminal
Previously, RTA had installed 867 solar panels at their HQ’s car park in Umm Ramool. Roads and Transport Authority (RTA) in Dubai...
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Saudi construction rebounding but tender prices down in some GCC markets, reveals RICS survey
Respondents report an increase in infrastructure workloads throughout most of the region. The latest RICS Middle East Construction and Infrastructure survey results...
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Shamal Steel Arch Bridge in RAK sets new world record
Shamal Steel Arch Bridge is part of the second phase of the Emirates Road, says minister of Infrastructure Development. Ras Al Khaimah...
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Etihad Rail awards $408mn deal to CSCEC and SK Engineering and Construction JV
Additional contracts for Stage Two to be awarded in coming months. Etihad Rail has awarded the $408 million Package A of Stage...