Abu Dhabi construction wages up by 4.9% in July 2012

Report also finds that steel and cement prices decline in the UAE capital while transport equipment costs rise. The Statistics Centre of...

Malaysian contractor awarded $86m Iraqi contract

Firm to carry out design and execution of civil and electro mechanical work for water project. Iraq’s Ministry of Municipalities and Public...

Oman floats tender for two air cargo terminals

Cargo complex is to be designed for an annual capacity of 260,000tns with option to increase in phase II. Oman’s Tender Board,...

Kuwait to pick consultants for hospital projects

GCC member is building four major hospitals and expanding a further nine around the country. The Kuwaiti government has named consultants for...

Galfar secures contracts worth $505m in H1 2012

Omani company saw its total income fall to $406m at the end of first six months of 2012. Oman’s Galfar Engineering &...

Construction contracts in KSA up 50% in H1 2012

Total value of awarded contracts in the Kingdom during Q2 this year reached $19.9bn. Saudi Arabia’s National Commercial Bank (NCB) has said...

Lower productivity in Saudi contributes to fall in DSI revenues

Exposure to the Euro currency through German subsidiary also contributes to decline, CEO says. Drake and Scull International, the UAE based construction...

Oman shortlists nine for Sohar Refinery expansion

Expansion estimated to cost between $1.5bn and $1.8bn, contract to be awarded by Q1 2013. Oman's oil and gas ministry has shortlisted...

$16.5bn budget for Makkah transport system upgrade

Construction for four metrol line, 88 station project will be carried out over 10 years. The Saudi government has given the go...

Indians lead $6bn foreign investment into Dubai

Investors from India bought a total of 2,153 properties worth $1.02bn in H1 2012. Dubai Land Department (DLD) has said foreign investors...

Construction