KSA cement sector to see a fall in revenue for Q2 2018

Cement sectors sales volume declined by 16.7% y-o-y in first two months of Q2 2018. Saudi Arabia’s cement sector is expected to...

KAUST president named as new CEO for Saudi mega-city Neom

Current CEO Klaus Kleinfeld to oversee economic development of the Kingdom. Nadhmi Al-Nasr, the current interim president for King Abdullah University of...

Abu Dhabi’s NPCC wins offshore EPC contract from Al Yasat

ADNOC subsidiary awards contract for full development of the offshore Bu Haseer field. ADNOC subsidiary Al Yasat Company for Petroleum Operations (Al...

Majed Hilal wins $155.7mn contract for phase 4 of Azizi Riviera

Announcement follows last month's appointment of Evershine. Dubai-based Majed Hilal Contracting will start work on Azizi Riviera later this month after it...

ADM saves $288m following implementation of sustainability standards

Civic body has implemented standards of value engineering and sustainability during the initial design phases of municipal projects. Abu Dhabi City Municipality...

Works begin on $2bn Souq Okaz City in Saudi city of Taif

A new international airport is also reportedly in its first phase. A large heritage tourism project - Souq Okaz City - within...

DP World to build logistics facility in Ethiopia

Hub will help Dubai re-exporters to connect with landlocked countries. Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of...

RTA completes all major tunnelling works on Route 2020

Tunnel will run for 3.2km, at a depth ranging from 12m to 36m. Dubai’s Road and Transport Authority (RTA) has completed all...

Emaar Hospitality enters Sub-Saharan Africa with Togo hotel rebrand

Emaar hospitality unit partners with Kalyan Group to rebrand well-known property in Lomé. Emaar Hospitality Group, the hospitality and leisure business arm...

Omran and Majid Al Futtaim to develop $13bn mixed-use community in Muscat

Omran and Majid Al Futtaim to develop $13bn mixed-use community in Muscat. Oman Tourism Development Company (Omran) and Majid Al Futtaim have...

Construction