All posts tagged "featurednews"
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PropertyQatar’s Barwa Real Estate sees Q2 profit nearly treble
Qatar’s Barwa Real Estate almost trebled its profits during the second quarter of 2016, according to Reuters. The Doha-listed developer made a...
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ConstructionFarnek wins MEP contract for IMG Worlds of Adventure
The UAE-based facilities management firm Farnek announced that it has won a mechanical, electrical and plumbing (MEP) contract for IMG Worlds of...
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InfrastructureSaudi Arabia ‘plans countrywide gas pipeline network’
Saudi Arabia is planning to build a pipeline network across the country that will supply gas to both residences and commercial establishments,...
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InfrastructureRTA awards $2.89bn Dubai Metro contract
The Dubai Roads and Transport Authority (RTA) has awarded a $2.89 billion (Dh10.6b) contract to a consortium of multinational companies to build...
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ConstructionUAE’s Al Najibi to build $296m resort in Australia
The UAE-based Al Najibi Group has announced it will build a $296.7 million hospitality themed project in Queensland, Australia. Set to feature...
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Infrastructure‘Jet-like’ transport pods coming to Abu Dhabi’s Yas Island
Developer Miral has announced a memorandum of understanding (MoU) with US-based skyTran, a NASA Space Act company, for the study and implementation...
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ConstructionDamac awards $817m in contracts during H1
Damac Properties says it awarded 25 construction and consultancy contracts worth AED 3 billion ($817m) in the first half of 2016. Work...
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ConstructionBrexit vote hits UK house builders’ shares
Shares in UK house builders were hit hard on Friday after Britain voted to leave the European Union in a historic and...
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MachineryKBW Investments, Ascorel Group in Mideast partnership
The Dubai-based KBW Investments has partnered with French technology company Ascorel Group to facilitate the sale, implementation and distribution of Ascorel’s technologies...
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PropertyMuscat property prices hit by economic slowdown
The chairman of the Oman Real Estate Association has said that the current economic situation in the sultanate has led to a...