SNC-Lavalin writes down $910m in oil and gas assets amid KSA-Canada row

Engineering giant says near-term prospects for Saudi business 'worsening in the face of rising trade challenges' . SNC-Lavalin, the Canadian engineering firm,...

Ellington begins handover of Belgravia II units to owners

Developer says it created a ‘cutting-edge development that opens out onto the main boulevard and the primary street’. Property developer Ellington has...

Baker McKenzie Habib Al Mulla: Appeals win sets precedent for off-plan property disputes

Rulings have reinforced confidence in the real estate market, law firm says. Baker McKenzie Habib Al Mulla, the international law firm, has...

DIP, Lootah Real Estate to establish manufacturing facility in Dubai

Phase one includes a 49-year land lease agreement for one million sqm. Lootah Real Estate has signed a long-term agreement with Dubai...

Emaar Development launches Arabian Ranches III

Residential community to have a lazy river and a variety of outdoor activities. Emaar has announced that it has launched Arabian Ranches...

UAE launches $8.7bn housing project plan

More than 34,000 residential units will be built within the next six years. HH Sheikh Mohammed bin Rashid al Maktoum, the UAE...

Bahrain completes infrastructure works within Isa Town Educational District

Project will see the number of vehicles using the current street reach 10,000 per day in both directions. Construction works on the...

Majid Al Futtaim announces $102.6 mn redevelopment for City Centre Deira

Project is expected to be completed in the first half of 2020, with the mall remaining open throughout the redevelopment. Majid Al...

Bapco invites bids for road and earthwork services

Bahrain’s largest oil company releases tender notification for leading contractors and construction companies. Bahrain Petroleum Company (Bapco) has invited bids from leading...

CSCEC signs deal with NHC to build over 5,500 housing units in the Kingdom

5,018 townhouses and 572 apartments will be built and will be competitively priced, NHC says . Saudi Arabia’s National Housing Company (NHC)...

Construction