Magazines
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Oman’s SEZAD awards infra contracts worth $220m
Four agreements are part of SEZAD’s efforts to complete projects as part of 2020 plan. The Special Economic Zone Authority in Duqm...
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Dubai’s Damac sees Q4 profit edge up 1.3%
Real estate market ‘stabilised’ in 2016, developer’s chairman Hussain Sajwani said. The Dubai developer Damac saw profit rise by 1.3% in the...
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Arabtec working with Moelis to ‘study capital structure options’
Sources say the boutique investment bank is expected to advise contractor about its balance sheet and liquidity. Arabtec, the Dubai-based contracting giant,...
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UAE records 31% drop in fire accidents in 2016
Drop attributed to timely response times by civil services, greater awareness and introduction of modern fire-prevention technology. The UAE Ministry of Interior...
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ALEC wins contract to build Dubai airport data centre
Contractor will build the first of two planned Dubai Airports facilities. ALEC has been awarded the contract to build the world’s first...
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Danube says Dubai ‘Miraclz’ project almost sold out
Developer to hand over 821 units and launch new projects worth $273 million this year. Developer Danube Properties says 95% of its...
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Saudi Arabia approves two airport locations
Domestic air hubs to be built in northern and southeastern clusters of Riyadh region. Saudi Arabia has given the green light to...
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Qatar: 90% of World Cup 2022 projects awarded
Prime Minister says works expected be executed on schedule. About 90% of FIFA World Cup 2022 projects, across all sectors, have been...
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Saudi Arabia’s KAEC awarded contracts worth $426m in 2016
Most of the residential and industrial agreements signed are with KSA-based companies. King Abdullah Economic City (KAEC), the world’s largest privately-funded new...
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Six Construct completes construction of Gabbro terminal in Qatar
New conveyor system will boost the terminal’s annual turnover to 30 million tons. Six Construct, a subsidiary of the BESIX Group, and...
