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Saudi developer secures $2.2bn funding to finish world’s tallest tower
Prince Alwaleed-backed Jeddah Economic Company in finance deal to complete 1km-tall tower in Jeddah. A Saudi Arabian developer backed by billionaire Prince...
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Hong Kong construction threatens endangered ‘pink’ dolphins
Two megaprojects could have devastating impact on the dolphin’s habitat, conservationists warn. Conservationists have warned that Hong Kong’s famous ‘pink’ dolphins are...
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Qatar imposes travel ban on contractors amid rain-damage probe
Gulf state investigating allegedly shoddy construction practices after heavy rains caused damage to infrastructure. Qatar has banned executives of several contractors from leaving...
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Bayut.com: Sharjah property market drawing investors’ interest
Interest in Sharjah real estate grew by 41% in October. Sharjah’s property market has been under Dubai’s shadow for several years now...
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The Big 5: Fila Surface Care Solutions launches new products
New rust-stain and silicon-residue removers are specifically geared towards the Middle East market. Fila Surface Care Solutions has launched new rust-stain and...
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The Big 5: ‘Multimillion dollar’ deals as Dubai show draws to close
Turkish ambassador points to a great year for traders; Poland’s Techmatik secures $2.7m machine deal. Millions of dollars of deals were struck...
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Construction industry shines at Big Project ME Awards 2015
Brookfield Multiplex takes home three awards; ALEC’s Kez Taylor named Construction CEO of the Year . Brookfield Multiplex and ALEC’s Kez Taylor...
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Dubai Civil Defence acts swiftly to extinguish fire at Business Bay tower
Blaze at 32-storey Regal Tower forces evacuation of workers from the commercial building. A fire at the 32-storey Regal Tower in Dubai’s...
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Dubai theme parks: Half of retail units leased in Riverland zone
Dubai Parks & Resorts confirms retailers and food outlets such as Shake Shack, the Irish Village and Havaianas. Almost half the units...
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Saudi Binladin Group to lay off 15,000 workers – Reuters
Possible layoffs come amid uncertainty caused by oil price slump. Construction giant Saudi Binladin Group plans to lay off around 15,000 staff,...
