McDermott wins major EPCI contract in Middle East

Duration of the work is expected to be approximately 34 months. McDermott International has announced that they have won a substantial contract...

Azerbaijan breaks ground on Expo 2020 Dubai pavilion

Italy’s Simmetrico previously designed country’s pavilion at 2015 Expo Milan. Azerbaijan has broken ground on its 2,086sqm. pavilion for the upcoming Expo...

Investments at MBR Solar Park reach $4.4bn in phase four

Fourth phase will make use of concentrated solar power and PV panels to achieve 950 MW of clean energy. . The Dubai...

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,...

KSA says work progressing well on first city in $500bn Neom

Basic infrastructure facilities will be ready by the end of the year, Agency CEO say. Saudi Arabia has announced that work is...

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,...

sbe says $550m SLS Dubai Hotel and Residences reaches 60% completion

International hospitality group says first property in the Middle East under SLS brand is on track to launch in Q3 2020. sbe,...

Acwa Power-led consortium wins Oman’s $400mn solar project

The project involves the construction, ownership, and operation of a 500MW independent power plant . Oman Power and Water Procurement Company (OPWP)...

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...

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%...

Construction