KSA construction industry boosted by 113% contract increase YoY

Kingdom’s industry awarded $13.3 billion worth of contracts; value highest in 4 years. Saudi Arabia’s construction industry has seen a strong increase...

Legal Advisors, Baker McKenzie advise on KSA’s first full international IPO

$748 million IPO closes on Arabian Centres Company transaction. Legal Advisors, Abdulaziz Alajlan & Partners and London firm Baker McKenzie have advised...

Tripoli Street project nears completion

RTA: Project is 90% finished; expects to open to public next month. 90% of the construction work on the Tripoli Street Improvement...

Masdar, EDF and Green of Africa consortium win tender for 800MW Morocco solar plant

Noor Midelt Phase 1 is the third project that EDF Renewables and Masdar will work together on. A consortium comprising the Abu...

Eltizam: Why we are expecting robust FM growth in 2019

Growth driven by GCC economic diversity and infrastructure strategies . The Middle East facilities management (FM) market remains healthy with analysts from...

Shurooq and BESIX Group launch construction of QATRA water reuse plant

Water reuse plant is set for a January 2020 completion. Sharjah Investment and Development Authority (Shurooq) says the construction of its new...

Arabtec Construction secures $60mn India project

Tasked with building Raheja Developers' Navin Minar development f. Arabtec Construction has won a $60 million deal to build Raheja Developers' Navin...

Katerra wins contract to build homes for disadvantaged families across Saudi Arabia

Firm has 5,000 employees, six factories and is said to be involved in 700 projects across the US and India . Offsite...

Dubai Ruler allocates land for two new Emirati residential communities

Provision of adequate housing a top priority for government, Sheikh Mohammed says. HH Sheikh Mohammed bin Rashid Al Maktoum, VP, Prime Minister...

Saipem wins new $100mn contract in Norway, Middle East

Contracts awarded for offshore drilling with the Middle East operations beginning in Q4 2019. Italian contractor Saipem has been awarded new contracts...