Magazines
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Union Properties records $40mn net profit for first nine months of 2018
Developer posted a net loss of $626m for the same period last year. Union Properties, a Dubai-based real estate developer, has said...
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Bahrain’s KFCA invites bids for transitional phase of $4bn King Hamad Causeway
Qualified transaction advisory services consultancies asked to submit bids for 25-km long strategic highway. Bahrain’s King Fahd Causeway Authority (KFCA) has said...
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Ajman City Centre undergoes $163mn refurbishment
The shopping mall now has a 900-seater food court. Majid Al Futtaim (MAF), has recently announced that it has completed a $163...
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ABB wins $79mn contract for Bab Onshore Project from CPECC
At 1,200 sqkm, the Bab Onshore Field is the largest onshore oil field in Abu Dhabi.. ABB has revealed it has been awarded...
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Al Rakha wins $91.2mn construction contract for Aldar’s Alghadeer
Alghadeer is a $2.7bn 'sustainable destination' project being built over the next 15 years. Aldar Properties has announced the appointment of Al...
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DP World Group boss appointed as new chairman for Virgin Hyperloop One
Sultan Ahmed Bin Sulayem replaces Sir Richard Branson. Sultan Ahmed bin Sulayem, DP World Group chairman and CEO, has been appointed as...
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Dubai leading MENA region with regards to flexible office spaces – JLL report
Trend likely to continue with the proportion of office stock offered on a flexible basis increasing over the next five years. Dubai...
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SNC-Lavalin showcases benefits of technology in O&G sector at ADIPEC
Firm claims combining digital tools and improved work processes can achieve 30% cost reduction. SNC-Lavalin has returned to ADIPEC to demonstrate that...
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Arabtec records $49mn profit in first nine months of 2018
$4.47 billion backlog is supported by a 'strong' $12.47 billion pipeline of potential opportunities in the market. Arabtec says the Group recorded...
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DEWA awards contract worth $78.4mn to build two reservoirs
The reservoirs will have a combined capacity of 120 million gallons. Dubai Electricity and Water Authority (DEWA) has awarded a contract worth...
