RTA awards Al Qouz road contracts

Contract award is part of Phase I of five year plan for construction of internal roads. [caption id="attachment_12941" align="aligncenter" width="358"] Road works...

Dubai announces huge tourism development project

Sheikh Mohammed says new retail complex will attract 80 million visitors annually. [caption id="attachment_12965" align="aligncenter" width="250"] Dubai will break its own record...

GCC predicts jump in construction jobs

Survey finds that 58% of recruiters in the GCC expects jobs to increase in coming quarter. [caption id="attachment_12909" align="aligncenter" width="449"] Construction jobs...

Arabtec buys 149.6m Depa shares

Builder buys shares valued at $65mn from various investment funds. [caption id="attachment_12903" align="aligncenter" width="391"] Arabtec has bought 149.6 million shares in Depa.[/caption]...

KSA budgets $714mn for education projects

Deals include the construction of science and engineering universities across Kingdom. [caption id="attachment_12898" align="aligncenter" width="590"] Saudi Arabia will spend $714mn to develop...

Gulfar explores finance restructuring options

Contractor looking at various options to bring down its bank loans. [caption id="attachment_12891" align="aligncenter" width="366"] Gulfar Engineering is exploring their options in...

Kuwait steps up roadworks project

Highways department head says pre-fab road building has sped up pace of the project. [caption id="attachment_12881" align="aligncenter" width="457"] Kuwait will build a...

Tamweel residents outraged over accommodation proposals

Tower’s residents say that alternative accommodation arrangements puts them in a difficult situation. [caption id="attachment_12875" align="aligncenter" width="400"] The burnt out top floor...

Dar-Al- Arkan eyes Asian assets

Kingdom’s largest real estate developer plans to diversify revenue streams. [caption id="attachment_12870" align="aligncenter" width="420"] Dar Al Arkan plans to buy Asian assets,...

DSI subsidiary signs $46mn Vietnam deal

Passavant-Roediger signs EPC deal for water treatment plant in Thu Duc, Vietnam. [caption id="attachment_12865" align="aligncenter" width="375"] Dr Mazen Bachir says Passavant-Roediger's first...

News