GE signs $141m Saudi power plant deal

GE Power says it has signed a multi-year service agreement with Saudi Electricity Company (SEC) to provide maintenance, parts and repairs services...

Property

ENBD REIT buys Dubai office building for $76m

ENBD REIT has bought The Edge office building in Dubai Internet City from developer SWEID & SWEID for AED 280 million (USD...

Construction

Dubai to introduce new green building ratings system next year

Dubai plans to change its green building ratings system in early 2018, according to the UAE state news agency WAM. Dubai Municipality’s...

Construction

Dubai’s DSI completes capital restructuring

Drake & Scull International (DSI) has issued a statement announcing that it has successfully completed its capital restructuring programme. The programme began...

Infrastructure

DP World to begin construction of Senegal port in 2018

DP World, the UAE-based global marine terminal operator, has said that construction on its integrated port, logistics and economic zone in Dakar,...

Construction

Nakheel, Centara form JV for Dubai resort

The Dubai-based master developer Nakheel and Thai hotel group Centara Hotels & Resorts have announced the official formation of a joint-venture company...

Construction

Abu Dhabi’s Aldar awards $203m contract for The Bridges project

Aldar has appointed Construction Group Contracting House (CGCH) to work on the mid-market ‘The Bridges’ residential development on Reem Island. The contract...