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Lebanese firm to build Kidzmondo theme park in Riyadh
Planned children’s theme park part of wider project to build seven branches in Saudi Arabia at a cost of $133.3 million. Lebanon-based...
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Dubai property prices, rents ‘down by 2% in second quarter’
Prime areas recorded the highest decline in apartment rents, with Sheikh Zayed Road seeing a 7% drop, says Asteco. Rents in Dubai...
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Bahrain hospitality, retail sectors hold promise, says CBRE
New retail developments set to enter the pipeline include The Courtyard in Seef District and the 42,000sqm Galleria in Zinj. Bahrain’s retail...
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KEO’s Mark Grogan on two decades in UAE construction
Contracts and QS manager describes his career since moving to the Emirates in 1993. Mark Grogan, manager, contracts and quantity surveying at...
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Abu Dhabi luxury apartment rents rise 6% in Q2, report finds
More than 3,600 units to start arriving in the market from 2018, according to property firm Asteco. Apartment rents for prime buildings...
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Saudi King launches Grand Mosque expansion projects
Mosque expected to accommodate an additional 1.2 million worshippers following completion of five projects. Saudi Arabia’s King Salman has launched five projects...
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Dubai property prices ‘to stabilise in 2016’
Prices set to start rising after declines this year, real-estate firm Core Savills forecasts. Dubai property prices, which have been declining since...
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Balfour Beatty says 2015 results could be hit by $230m shortfall
UK engineering group issues another profit warning following a review of its businesses in the UK, US and Middle East. Balfour Beatty,...
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Italian firm scores $852m deal to build Qatar World Cup stadium
Salini Impregilo JV set to build Al Bayt Stadium, scheduled for completion in September 2018. Italian construction firm Salini Impregilo is part...
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Site visit: Dubai Wharf project
Gavin Davids visits the $217.7m mixed-use development along Dubai Creek. As Dubai continues to grow, the demand for high-end accommodation continues to...
