Magazines
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Abu Dhabi luxury apartment rents rise 6% in Q2, report finds
More than 3,600 units to start arriving in the market from 2018, according to property firm Asteco. Apartment rents for prime buildings...
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Saudi King launches Grand Mosque expansion projects
Mosque expected to accommodate an additional 1.2 million worshippers following completion of five projects. Saudi Arabia’s King Salman has launched five projects...
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Dubai property prices ‘to stabilise in 2016’
Prices set to start rising after declines this year, real-estate firm Core Savills forecasts. Dubai property prices, which have been declining since...
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Balfour Beatty says 2015 results could be hit by $230m shortfall
UK engineering group issues another profit warning following a review of its businesses in the UK, US and Middle East. Balfour Beatty,...
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Italian firm scores $852m deal to build Qatar World Cup stadium
Salini Impregilo JV set to build Al Bayt Stadium, scheduled for completion in September 2018. Italian construction firm Salini Impregilo is part...
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Site visit: Dubai Wharf project
Gavin Davids visits the $217.7m mixed-use development along Dubai Creek. As Dubai continues to grow, the demand for high-end accommodation continues to...
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Mövenpick set to open fourth hotel in Jeddah by 2019
Hospitality firm reveals plans to open 300-room Mövenpick Hotel Heraa Jeddah, its fourth property in the Saudi city . Mövenpick Hotels &...
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Bechtel-led consortium begins tunnelling for Riyadh Metro project
The six-line Riyadh Metro network, which will be 176km long, is forecast to serve 400,000 passengers when complete. A consortium led by...
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HSBC appoints Arcadis as manager of global capital expenditure programme
Dutch consultancy says its targets include keeping costs in check and reducing HSBC’s environmental impact. The Dutch consultancy Arcadis says it has...
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Liebherr launches new 500t crawler crane
LR 1500 built with 400t crane dimensions launched in Germany. Liebherr has unveiled a new large crawler crane, the LR 1500, which...
