Nakheel completes ground works for $545m mall in Dubai

Developer says it has seven construction proposals under assessment for Al Khail Avenue mall, with a contract due to be awarded in...

Majid Al Futtaim in $8.2bn UAE investment drive

Retail developer plans 10 new City Centre malls, as part of aim to increase total UAE investments to $13bn by 2026. Majid...

Tender prices ‘to stay flat’ in UAE, Muscat

Markets are among just three globally where tender prices will not increase this year, according to Turner & Townsend. The UAE and...

Deloitte: GCC projects worth $2tn in pipeline

Region continues to be “an attractive market” despite the forecast 17% decline in contract awards this year. Projects worth $2 trillion are...

Egypt’s Orascom Construction returns to profit

Cairo and Dubai-listed group posts $23m net profit in first quarter. Egypt’s Orascom Construction has reversed its loss-making run, having reported $23...

Italy’s FILA showcases technologies at Mideast Stone Show

The region is an important market for FILA as it is a gateway to markets like India and Indonesia. Italian surface solutions...

Plans for $272m Dubai Canal project unveiled

Marasi Business Bay development, launched by Dubai Properties Group, is set for completion by 2023. Plans for a project worth more than...

World’s ‘first 3D-printed office’ opens in Dubai

Building next to Emirates Towers in Dubai took 17 days to ‘print’, and was installed on site within two days. The “first...

Saudi contract award values plummet by 51%

Q1 saw the sharpest quarterly decline in the value of awarded contracts since 2009, and a 51% drop on last year. Saudi...

Contract awarded for $490m Dubai Conference Centre

Arena will include Sheikh Rashid Hall, which will cater for 10,000 people and span an area of 190,000 square feet. Dubai Municipality...

Construction