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Saudi contract award values plummet by 51%
Q1 saw the sharpest quarterly decline in the value of awarded contracts since 2009, and a 51% drop on last year. Saudi...
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Contract awarded for $490m Dubai Conference Centre
Arena will include Sheikh Rashid Hall, which will cater for 10,000 people and span an area of 190,000 square feet. Dubai Municipality...
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Egypt’s Palm Hills ‘to deliver 1,800 housing units this year’
Developer also aims to boost the proportion of its business made up of recurring revenues. Egyptian property developer Palm Hills aims to...
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ACC wins contract for Emaar project in Jeddah
Arabian Construction to build three high-rise towers with 283 residential units in Jeddah Gate community. Emaar says it has awarded the Arabian...
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FIFA: Qatar 2022 World Cup works ‘on track’
Jürgen Müller, head of planning and infrastructure, says FIFA is ‘very happy with preparations’. Qatar’s preparations for the 2022 FIFA World Cup...
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Troubled Saudi Binladin Group ‘secures $667m loan’
Construction firm said to agree loan with local banks to ease its financial pressures, according to Reuters report. Crisis-hit Saudi Binladin Group...
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Four Points by Sheraton set to open in Ras Al Khaimah
The hotel, being launched in collaboration with Hamarain Real Estate, is due to open in 2019 and will be Starwood’s first property...
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Al Hamra starts handover of Bayti units in RAK
118 townhouses have been built, with phase one of the Ras Al Khaimah community currently being handed over. Handover of the ‘Bayti’...
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Midday break for UAE workers starts June 16
Strict curbs on construction work under direct sunlight apply from 12.30pm to 3pm daily until September 16. The UAE’s three-month “midday break”,...
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Handover starts at Frankfurt Sports Tower I in Dubai
Shaikhani Group welcomes first residents of 224-unit, $92 million project in Dubai Sports City. Handover of finished units has commenced at the...
