Chinese construction firm ‘eyes $3bn Balfour Beatty takeover’

China Civil Engineering Construction Corporation looking at feasibility of bidding for Britain’s biggest contractor, The Sunday Times reports. A Chinese construction firm...

Saudi contractors claim summer work ban adds 8-10% to project costs

National Committee for Contractors says employing night-shift workers requires overtime pay, further adding to labour costs. Saudi Arabian contractors have said that the...

Dubai’s Emirates in $5.3m deal to rebrand tower in Portsmouth, UK

Local petition against the Spinnaker Tower in Portsmouth being painted in the airline’s signature red. Emirates has struck a $5.3 million deal...

Abu Dhabi’s Aldar to begin sales of ‘mid-market’ Meera units

Prices at Meera residential development, which goes on sale in mid-June, begin at $245,029 for a one-bedroom unit. Abu Dhabi developer Aldar...

Saudi’s Al Rajhi Building Solutions aims to double revenue to $2bn

Chief executive Ahmed Al Bassam says group’s ‘Vision 2020’ plan will help it meet its objectives. Saudi Arabia’s Al Rajhi Building Solutions Group...

Blatter resignation casts further doubt over Qatar 2022 FIFA World Cup

With construction of stadiums in full swing, loss of FIFA competition would cost Qatar about $16 billion, according to estimates. Further doubts...

UAE employers will need permit to hire Indian workers

Foreign employers looking to recruit blue-collar workers will need to register online and declare terms and conditions of employment. UAE-based companies seeking...

Kuwaiti-owned firm to raise $3.6bn for Paramount UK theme park

London Paramount Entertainment Resort is scheduled to begin construction in autumn 2016, with a 2020 opening in mind. London Resort Company Holdings...