Cayan Group enters alliance for $266.6m project in Riyadh

The developer will collaborate with Al Ajlan Holding and Al Saeed for the project in Riyadh. The Middle East property developer Cayan...

Construction industry drives Mideast job creation – poll

Survey finds 35% of respondents expect construction industry to offer most new jobs, due to impact of Expo 2020 and 2022 World...

Kuwait’s Al Mazaya buys commercial tower in Saudi Arabia for $34.6m

Acquisition of tower in Riyadh set to increase Al Mazaya’s fourth-quarter assets. The Kuwait-based real estate development company Al Mazaya Holding says...

UK’s Carillion to step up operations following $2.6bn wins in H2

Construction giant on course to hit end-of-year targets, with strong workflows extending into 2016. Carillion, the British multinational construction services company, says...

Abu Dhabi’s Aldar launches phase two of sales at West Yas

Villas at the development are expected to be handed over at the end of 2017. Abu Dhabi’s Aldar Properties has launched the...

Knight Frank: Dubai’s prime office rents up 2.1% in Q3

Report accredits the upward pressure on prices to a healthy level of demand and a low supply of prime office space. Dubai’s...

Developers sign data-sharing charter for Abu Dhabi projects

Urban Planning Council says 19 firms to provide more information for database of residential, commercial and retail schemes. Abu Dhabi’s Urban Planning...

Dubai launches star-rating programme for worker welfare

High-rated companies in Taqdeer initiative will receive priority in government projects. Dubai has launched a points-based award programme for the construction sector...