Damen adds new dredger to Standard Series

Dutch dredging equipment specialist, Damen has unveiled the latest addition to the company’s Damen Standard series of cutter suction dredgers. Fitted with...

Nakheel awards Kele contract to build Dragon Mart Hotel

Hotel project comes after contractor won the bid to build a multi-storey car park for the complex. Dubai-based construction firm, Kele Contracting...

Bahrain signs off on site worker safety agreement

Housing ministry signs agreement to examine vocational health and safety standards. Bahrain’s Housing Ministry has signed an agreement to ensure the safety...

Tadawul evaluating bids for $266m tower

Saudi Stock Exchange Company still reviewing bids for main construction deal for tower project. Contractors submitted their bids last week to the...

‘Snoozing’ judge causes sleepless nights for Nakheel

Property developer calls for retrial after Dubai World Tribunal member caught catching forty winks during legal proceedings for $15.5m case. Nakheel, Dubai’s...

Dubai World’s Limitless to seal $1.2bn debt deal

Indebted property developer offered to pay 175 basis points over the London Interbank Offered Rate. Dubai World’s property development arm, Limitless is...

Doha Port authorities move to promote greater transparency

Cultural disconnection between clients and companies needs to be bridged, authorities say. Parties bidding for work on New Doha Port have been...

Qatar’s Diar to develop three Omani leisure destinations

Developer to enter into a 70-30 partnership agreement with the Oman Ministry of Tourism. Qatar’s Diar Real Estate Investment Company has signed...

DP World Sokha receives two Chinese made gantry cranes

DP World Sokhna, the Red Sea commercial gateway to Egypt’s capital Cairo, has taken possession of two new ship-to-shore gantry cranes as...

Kuwait awards 287 contracts in H1 2012

Contracts mainly for the construction and maintenance of the headquarters of the Public Authority for Minor Affairs. The Kuwaiti Ministry of Public...