Magazines
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Balfour Beatty, Kier ‘suffer major cost overruns’ over $8.4bn Hong Kong rail project
Rail link to mainland China to be delivered three years late, according to report. Balfour Beatty and Kier are suffering major cost...
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DIFC begins construction of 11th Gate District office building
Construction of building at the Dubai financial centre to cost $55.8 million and is set to complete in 2017. The Dubai International...
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Middle East construction disputes rise in value by 88%
Increase in value to $76.7 million in 2014 marks the highest rise since 2011, according to consultancy firm Arcadis. Construction disputes in...
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Eicher bus carries A/C as standard for UAE labour transport
New FAMCO-distributed bus to be sold pre-fitted with air-conditioning, unlike many counterparts in the segment. Al-Futtaim Auto and Machinery Company (FAMCO), the...
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Emaar boss Mohamed Alabbar to set up real estate institute
Alabbar to set up region’s first non-profit institute providing training in all aspects of property development and management. Emaar Properties founder Mohamed...
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Dubai’s Drake & Scull increases GCC share-ownership limit
Emiratis currently hold 51.02% of the Dubai Financial Market-listed firm, while Gulf nationals own 5.85%. Drake & Scull has increased the limit for...
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WSP | Parsons Brinckerhoff wins Kuwait roads contract
Kuwait Ministry of Public Works awards design work to engineering firm. The Ministry of Public Works (MPW) in Kuwait has appointed WSP...
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Germany’s Hochtief in $1.5bn deal for Riyadh airport expansion
International joint venture consists of Hochtief, Shapoorji Pallonji MidEast and Nahdat Al Emaar. A multinational joint venture led by Germany’s Hochtief has...
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Daimler AG appoints new head for Middle East and Levant
Mark De Haes to take over as president and chief exec for Daimler in the region. Germany’s Daimler AG has appointed Mark...
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UAE’s Juma Al Majid to open Yokohama tyres showroom in Sharjah
New facility will offer tyre balancing, alignment, and rotation services. Juma Al Majid Group, the UAE distributor of Yokohama tyres, is set...
