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Major restoration work for Deira Pier and Creek walls announced
The project will refurbish heavily weathered sections and increase moorage capacity along busy commercial artery. Dubai Municipality has begun implementing a key...
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Nakheel awards contracts for District One West
The two companies have significant experience in delivering construction projects locally. Fibrex Contracting and Ginco General Contracting have been appointed as contractors...
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Eagle Hills International launches Bahrain JV
New entity backed by $4bn funding from Abu Dhabi titan and local investment consortium. Binaa Al Bahrain, a new real estate joint...
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Moro hub awards Green Certificate to DIFC
Recognising the importance of eco-friendly solutions, DIFC Courts chose Moro Hub's Green Cloud to drive their IT infrastructure. Moro Hub has awarded...
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Masdar achieves financial close of sixth phase of MBR Solar Park
The project supports the goals of the UAE's Year of Sustainability 2024 to protect and preserve the environment for the benefit of...
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RTA to start work on $4.9bn Dubai Metro Blue Line this year
The Blue Line will extend the Dubai Metro network by 30km. The Roads and Transport Authority have announced that construction work on...
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Kingdom City sold for US $240mn
Kingdom Holding Company will retain partial interest via new owner’s real estate fund. Saudi conglomerate Kingdom Holding Company has sold its residential...
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Parsons to lead development of Soudah Peaks
The high-end resort destination will enjoy a spectacular mountain setting. Soudah Development has signed a contract with Parsons Corporation to provide project...
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Construction costs in the Middle East set to rise by up to 7% in 2024
The insights provided by Currie & Brown's report are based on data extrapolated from regional sources as of February 2024. Construction costs...
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Mapei continues to build local presence with Saudi waterproofing takeover
Acquisition of KSA’s Bitumat boosts the Italian multinational’s portfolio and strengthens foothold in Middle East. Mapei Group, the leading Italian manufacturer of...
