Magazines
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Saudi, Indonesian construction firms in 10-year deal
Initial investments worth millions of dollars. Indonesian construction firm PT Wijaya Karya has signed a strategic partnership agreement which will pump millions...
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VW ‘not under pressure to sell trucks business’
Volkswagen faces billions in costs after admitting rigging emissions tests. Volkswagen is not facing pressure to sell its trucks business to raise...
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Aqua Properties invests $25m in Skycourt Tower, Dubai
Firm intends to put apartments up for re-sale to clients. Aqua Properties has announced a $24.77 million bulk purchase of apartments in...
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Shurooq, Emaar and Eagle Hills establish Sharjah real estate firm
Omran Properties to cover commercial, industrial and real estate. The Sharjah Investment and Development Authority (Shurooq) has signed with Dubai’s Emaar Properties...
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Energy sector makes up 75% of Q3 Saudi contracts
Real estate accounts for just 10% of $16bn construction contracts . The oil and gas sector accounted for 75% of all contracts awarded...
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GE signs deals worth $1bn to upgrade Iraq power grid
Projects to help meet peak summer demand. GE has signed over $1 billion worth of contracts with the Iraqi Ministry of Electricity...
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Dubai’s RTA awards $52m contract to upgrade Al Awir Road
Project to ease traffic flow around International City, Dragon Mart. Dubai’s Roads and Transport Authority (RTA) has awarded an AED191 million ($52m)...
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DEWA invites proposals for $27bn Dubai Green Fund
Tender for clean energy fund consultancy work. The Dubai Electricity and Water Authority (DEWA) is inviting consultants to submit proposals to develop...
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India names 20 locations in $7.5bn ‘smart city’ drive
The capital New Delhi is one to be given a makeover. India has named 20 urban locations that are to be given...
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Saudi house sales down 5%, rentals up
Residential property market is shifting, says JLL. Saudi Arabia saw 5% fewer property sale transactions in the year to November, as the...
