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TDIC: Enabling works at Saadiyat Lagoons ‘well underway’
Abu Dhabi developer expects to announce main construction works contract before end of 2016. Enabling works are well underway for the first...
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Dubai contractor Drake & Scull to seek new investors
Contractor has held informal talks with advisors about reviewing business and finding new equity – report. Drake & Scull International, the Dubai-based...
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Dubai developer Nakheel declares itself debt-free
Developer says full repayment of $1.19bn trade creditor sukuk on August 25 will mark the end of its financial restructuring. Nakheel has...
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Dubai’s Energy Solutions Group International: Going green in the built environment
Big Project ME speaks to the leadership team at ESGI, which is trying to change the way the UAE looks at building...
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Cityscape Global to start in Dubai on September 6
Fifteenth edition of the real estate show will host major developers such as Emaar, Dubai Holding, Nakheel and Meydan. Promotional content supplied...
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Arcadia Engineering begins work on ‘The Bridge’ in Romania
Dubai-based KBW Investments acquired a 50% stake in Romania’s Arcadia Engineering in November 2014. Arcadia Engineering, which is partially owned by the...
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Dubai property price rises ‘imminent’
Slower supply of units and wider economic situation suggests real estate prices are on the way up, says report. A turnaround in...
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Saudi construction sector reports 7,200 injuries in Q1
Industry accounts for almost half of all work-related injuries in the kingdom – report. Construction accounts for almost half of all work-related...
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Phase one of Dubai’s Vincitore Palacio project ‘90% sold’
Mid-segment project launched two months ago and most units in first release have now been sold, developer says. The AED 135 million...
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Habtoor Leighton Group CEO arrested in Dubai
José Antonio López-Monis arrested following filing of police complaint, CIMIC Group confirms. José Antonio López-Monis, the chief executive of Habtoor Leighton Group...
