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...

Egypt’s Palm Hills ‘to deliver 1,800 housing units this year’

Developer also aims to boost the proportion of its business made up of recurring revenues. Egyptian property developer Palm Hills aims to...

ACC wins contract for Emaar project in Jeddah

Arabian Construction to build three high-rise towers with 283 residential units in Jeddah Gate community. Emaar says it has awarded the Arabian...

FIFA: Qatar 2022 World Cup works ‘on track’

Jürgen Müller, head of planning and infrastructure, says FIFA is ‘very happy with preparations’. Qatar’s preparations for the 2022 FIFA World Cup...

Troubled Saudi Binladin Group ‘secures $667m loan’

Construction firm said to agree loan with local banks to ease its financial pressures, according to Reuters report. Crisis-hit Saudi Binladin Group...

Al Hamra starts handover of Bayti units in RAK

118 townhouses have been built, with phase one of the Ras Al Khaimah community currently being handed over. Handover of the ‘Bayti’...

Midday break for UAE workers starts June 16

Strict curbs on construction work under direct sunlight apply from 12.30pm to 3pm daily until September 16. The UAE’s three-month “midday break”,...

Dubai’s DWTC launches One Central branding programme

Branding agency MBLM creates visual narrative with interactive multimedia installation and website. Dubai World Trade Centre (DWTC) has launched a real estate...

1km high Jeddah Tower ‘delayed by a year’

Jeddah Economic Company exec says project delayed following funding issues with contractor Saudi Binladin Group – report. The developer behind the 1km-high...