GE’s Grid Solutions business wins major maintenance contract in Kuwait

Grid Solutions is a major unit of GE and equips utilities and industries to bring power reliably and efficiently from the point...

CSCEC secures $2.2bn loan to finance work on CBD project in Egypt’s New Administrative Capital

HSBC Egypt-led lending consortium agrees to 13.5-year facility covered by China Export and Credit Insurance Corporation. China State Construction Engineering Corporation (CSCEC)...

Saudi Arabia moves ahead with privatisation of water sector with WTTCO launch

Water Transmission and Technologies Company to manage and maintain transmission, distribution and storage systems spanning over 8,400km . Saudi Arabia has announced...

First passengers take a ride on Virgin Hyperloop

The test took place at Hyperloop’s 500m DevLoop centre in Nevada, USA. Virgin Hyperloop has passed a major milestone after the state-of-the-art...

Azizi Developments to invest over $27.2 million in landscaping works at Riviera

Riviera will have more than 16,000 residences spread across 71 mid-rise buildings and will be located in MBR City . UAE-based Azizi...

Empower awards $45mn construction contract for Zabeel district cooling plant

Contract is in line with Empower’s plans to provide its services to large and multi-use existing and under-construction projects in the Zabeel...

Fujairah Ruler inspects progress on $27mn Dibba Fujairah Sports Club Stadium project

Newest stadium in the country will hold 10,000 spectators and meets the requirements of the UAE Pro League and Asian Football Confederation...

First-of-its-kind medical, commercial complex to open in Bahrain

Alsayah Square has been designed to combine both entertainment and specialised medical units. Real estate services company, CBRE has announced a first-of-its-kind...