Nakheel signs $7.5m deal to build Jumeirah Park Community Centre

Developer appoints Parkway International Contracting as main contractor for project. Nakheel, the Dubai based real estate developer, announced on Sunday that it...

MMG announces loans of $120m to maintain solvency

Construction and petrochemical firm made a net loss of $225m in 2011. Saudi Arabia’s Mohammed al Mojil Group (MMG) announced on Sunday...

Oman’s Khalid Bin Ahmed & Sons wins $108m road contract

Project part of the first phase of the up gradation of the Sinaw-Mahut-Duqm road in the Sultanate. Khalid Bin Ahmed & Sons,...

Bawabat Al Shamal secures $1bn loan for Doha Festival City

Development to comprise of leasable retail space, hotels, convention centre and leisure facilities . Bawabat Al Shamal Real Estate Company (BASREC), a...

SASCO to build 20 ‘Super 8’ hotels in Saudi Arabia

Master franchise agreement with US hospitality chain will see 20 hotels built over the next five years. Saudi Automotive Services Company (SASCO)...

Masdar to educate workers, contractors on heat stress

Campaign to include education about construction site hazards, working at height and with electrical connections. An awareness campaign has been launched by...

Consortium obtain rights for Medinah Airport

First KSA airport privatisation signed between GACA, Al Rajhi Group and Saudi Oger. Contracts for Saudi Arabia’s first airport privatisation have been...

Nakheel to build $272m Dragon Mart extension

Developer appoints United Engineering Construction to build the mall extension. Nakheel, the Dubai owned developer, said on Thursday that it planned to...