IHG signs deal for new hotel on Deira Islands

38 hotels in IHG’s development pipeline are expected to open in the five years. The InterContinental Hotels Group (IHG) has inked a...

Virgin Hyperloop One to build world’s longest hyperloop test track at KAEC

Deal signed with Saudi's ECA to conduct study in King Abdullah Economic City (KAEC). Virgin Hyperloop One has entered into a development...

TRSDC awards construction contract for Construction Village at Red Sea Project

Residential village will house the initial 10,000 construction workers employed to build the massive tourism destination. The Red Sea Development Company (TRSDC),...

UAE surge helps Eltizam rack up 20% growth in H1 2019

UAE-based firm optimistic about securing AED100 million in new contracts in H2 2019. Eltizam Asset Management Group has recorded growth of 20%...

Emaar inks agreement to develop $11 bn project in China’s new airport

Emaar will also open an office in Beijing with the aim of enhancing the company's business activities in China. In line with...

Bilfinger wins multiple Feed contracts from Adnoc

The projects were secured by Bilfinger’s Middle East division, for Adnoc’s refinery complex in Ruwais. Bilfinger, a global industrial services provider, has...

Turner & Townsend reports ninth consecutive year of growth

Turnover reached $834mn for the year ending 30 April, 2009. Turner & Townsend, the global independent professional services firm, has reported its...

Masdar and EDF secure funding for first Saudi wind farm

Dumat Al Jandal project will be Saudi Arabia’s first wind farm and the largest in the Middle East. The consortium consisting of...

Empower awards $27.2mn worth contracts for network extension

The cooling service pipeline network for Dubai Production City given completion date of Q1 2020. Empower, the Emirates Central Cooling Systems Corporation...