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DP World Group boss appointed as new chairman for Virgin Hyperloop One
Sultan Ahmed Bin Sulayem replaces Sir Richard Branson. Sultan Ahmed bin Sulayem, DP World Group chairman and CEO, has been appointed as...
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Dubai leading MENA region with regards to flexible office spaces – JLL report
Trend likely to continue with the proportion of office stock offered on a flexible basis increasing over the next five years. Dubai...
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SNC-Lavalin showcases benefits of technology in O&G sector at ADIPEC
Firm claims combining digital tools and improved work processes can achieve 30% cost reduction. SNC-Lavalin has returned to ADIPEC to demonstrate that...
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Arabtec records $49mn profit in first nine months of 2018
$4.47 billion backlog is supported by a 'strong' $12.47 billion pipeline of potential opportunities in the market. Arabtec says the Group recorded...
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DEWA awards contract worth $78.4mn to build two reservoirs
The reservoirs will have a combined capacity of 120 million gallons. Dubai Electricity and Water Authority (DEWA) has awarded a contract worth...
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Cast Construction awarded $ 40.7mn contract for Danube’s Jewelz project
The project is scheduled for delivery by Q1 of 2020. UAE-based developer, Danube Properties has awarded a $40.6 million contract to Dubai-based...
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MAG Creek Wellbeing Resort on track for 2021 handover
The project is being handled by lead consultant VX Studio and Architects A++. MAG Lifestyle Development (MAG LD) has announced that work...
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UAE begins construction of $50mn Caribbean Energy Projects
The combined output of the solar power plants will be 2.35MW. The UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC) has...
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Saudi Aramco breaks ground on R&D centre in Russia
Centre to promote collaborative research activities primarily with MSU and other entities in Russia. Saudi Aramco has announced that it has broken...
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Aras Group arranges $816mn funds for development projects
The company claims to thoroughly vet any project before considering it for financing. Dubai-based Aras Group recently announced that its helped arrange...
