Magazines
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Abu Dhabi’s Bloom appoints contractor for Saadiyat project
Main works on Park View mixed-use development awarded to Tharwaa / Al Mansouri 3B joint venture. The Abu Dhabi-based Bloom Properties says...
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Arab Contractors turnover ‘hits $2bn’ on new Egypt deals
Works at proposed new capital city and other developments boost business after decline last year – report. Egyptian construction firm Arab Contractors...
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Rasameel Investment to buy Dubai labour housing complex
Company expects annual return of 12% from $24m purchase of 6,000 sqm property in Muhaisnah area. Dubai-based Rasameel Investment House (RIH) says...
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Dutch developer plans floating residences in Dubai
New Living on Water says it will generate $100m in sales per year with floating residences. A Dutch developer has said that...
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The right fit-out: Inside the boom in Gulf interior contracting
The GCC market for interior contracting and fit-outs hit an estimated $7 billion last year. The GCC market for interior contracting and...
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Dubai rent drops spread to non-freehold areas
Drops in rental rates now seen in high-density locations following declines in prime freehold markets, says CBRE. Rental declines are starting to...
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Qatar contractors say wage system reveals ‘payment crisis’
Oil crisis has made it hard for companies to pay workers on time – report. Contractors in Qatar have said that the...
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Nakheel awards $32m Dragon City showroom contract
Al Ghurair Contracting & Engineering to build 375,000 square foot retail centre in Dubai. Nakheel has awarded a AED 117.5 million ($31.9m)...
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Nissan unveils world’s first solid-oxide fuel cell vehicle
Zero-emission light-commercial van with 600km cruising range uses bio-ethanol to power cells. Nissan has revealed a prototype of the world’s first vehicle...
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Daimler showcases fully-electric heavy distribution truck
Mercedes-Benz Urban eTruck enables zero-emission cargo transport with admissible total weight of 26 tonnes and 200km range. Daimler Trucks says its upcoming...
