Magazines
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SK Engineering raises $100m from Gulf banks
South Korean firm has worked on a number of Middle East projects. A consortium of banks led by Mashreq has signed a...
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Deyaar: Atria twin towers in Dubai 25% complete
Project scheduled for handover by mid-2017. Dubai’s Deyaar Development says The Atria project, a 1.25 million sqf mixed-use twin tower complex launched...
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Gulf construction in 2016: Experts give their outlook
Industry looks to year ahead after ‘interesting and challenging’ 2015. Both interesting opportunities and challenges await the Gulf construction sector in 2016,...
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Egypt’s SODIC, Heliopolis Housing to co-develop East Cairo project
Project is expected to create over 40,000 jobs. The Egypt-listed Sixth of October Development Company (SODIC) says it has been offered the...
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Villa sales on Dubai’s Palm Jumeirah top $255m
Price per square foot dips to $680, analysis finds. Villa sales on the Palm Jumeirah in Dubai raised AED 938 million ($255m)...
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RAK’s Utico to invest $327m in UAE utilities projects
Projects to include water transmission pipeline to Sharjah. Ras Al Khaimah-based utilities company Utico has announced investments of nearly AED1.2 billion ($326.7...
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UAE’s Al Habtoor plans $544m hotel investments in ‘16
Conglomerate eyeing investments in Europe and US. The UAE-based Al Habtoor Group says it has allocated AED 2 billion ($544m) to be...
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Damac removes Trump name from Dubai golf site
Move apparently prompted by presidential candidate’s anti-Muslim remarks. Damac Properties has removed the Trump name from a $6 billion golf development in...
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Tadweer looks to set GCC construction waste standards
Abu Dhabi body developing waste-management masterplan. Tadweer, the Centre of Waste Management in Abu Dhabi, is looking to set GCC-wide standards for...
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Ritchie Bros. to auction 2,350 items in Dubai
More than 140 hydraulic excavators set to go under the hammer. Ritchie Bros. has revealed details of its large December auction in...
