Abu Dhabi seeks to reduce costs with new legislation on private housing construction

Spatial requirements made more flexible in line with requests from landlords and engineering consultancies. A new legislation from Abu Dhabi’s Department of...

Infrastructure boost for Egypt’s Orascom Construction

Backlog grows by 9.4% to $4.6 billion as new awards in H1 2019 increased 41.8%. Orascom Construction, the Egypt-based construction giant, has...

Sobha Realty registers $272.24mn in sales for 2019

Developer says recently announced results cover half of its projected target of $544.47m for the year. Sobha Realty, the Dubai-based real estate...

Kuwaiti government inks contracts worth $358mn for residential city project

Al Mutlaa Residential City will link Al Mutlaa city with the highway network. The Kuwaiti government has awarded contracts worth $358 million...

Larsen & Toubro wins contract worth more than $139 mn from India’s NTPC

Larsen & Toubro wins contract worth more than $139 mn from India’s NTPC. India’s Larsen & Toubro (L&T) has secured an engineering,...

KSA holds greatest potential for construction sector in GCC – Linesight

More than 5,000 capital projects worth in excess of $1.6trn in pre-executive stage, consultancy says. Saudi Arabia currently holds the greatest potential...