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Saudi Binladin makes insurance claim after crane disaster
United Cooperative Assurance says it will announce financial impact of the incident in Q4 financial statements. Saudi Arabia’s United Cooperative Assurance says...
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‘Resilient’ Qatar set to award $220bn in projects, says S&P
Large-scale investments set to continue despite low oil prices and World Cup controversy. Qatar remains ‘resilient’ and is set to award $220 billion in...
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Meet the demolition men of Gulf construction
As the property sector expands, older and unfit structures often need to be taken down. A drive around the neighbourhood of Karama...
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Egypt’s New Suez Canal: What are the benefits?
Big Project ME examines the impact the New Suez Canal will have on the region. On August 6, 2015, Egyptian President Abdel...
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Site visit: Marina Gate, Dubai
A tour of the construction site as work on the core of the first tower begins. In the 12 years since Dubai...
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Dubai’s Juma Al Majid opens Jood Hospitality arm
New division will manage the Jood Palace Hotel in Deira, formerly the Taj Palace Hotel. Dubai’s Juma Al Majid Group has opened...
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Qatar buys iconic Westin hotel in Rome for $251m
The Westin Excelsior Rome will be renovated after purchase by Qatar Holding’s Katara Hospitality. Qatar has bought the The Westin Excelsior Rome...
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AccorHotels to be first international chain to open in Iran since 1979
French group in deal with local firm to open two properties in Tehran. France’s AccorHotels has signed with Iran’s Aria Ziggurat to...
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Dubai’s Nakheel signs three contracts for Nad Al Sheba project
Developer agrees to contracts worth $654m for project that includes 1,540 residential units. Nakheel, the Dubai-based property developer, says it has signed contracts...
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Crystal Lagoons to exhibit projects worth $1bn at Cityscape Egypt
Company has four active projects in Egypt, including the world’s largest lagoon at Sharm El Sheikh. Crystal Lagoons says it will exhibit...
