Aabar and CSCEC agree deal for $2bn project

Abu Dhabi based sovereign wealth fund to repay ICBC loan through oil trade revenue. Aabar Investments, the Abu Dhabi based investment firm,...

China manufacturers to benefit from Qatar, Saudi construction

Kanoo GM says global economic conditions will inhibit the ability of local and western brands to supply the market, opening the door...

Independent Cummins Qatar in for long haul

Cummins says that it is in for the long haul in Qatar as it continues to develop its JV with Jaidah...

2,000 still owed for Grand Mosque expansion

Official says slow completion of compensation procedures hampering expansion plans. The owners of nearly 2,000 properties acquired for the Grand Mosque expansion...

Sharjah Municipality takes hard-line on cladding

New buildings to be denied completion certificate if they don’t have fire resistant cladding. Following an outbreak of fires across Sharjah, new...

Etihad Rail agrees to build Jebel Ali Port terminal

Intermodal port terminal will have the capacity to handle 5 million TEU’s per annum by 2030. Etihad Rail, the master developer and...

UAE-wide auction house JLL readies first sale

Al Nowais Group and Jones Lang LaSalle are launching JLL, a new entrant in the UAE auction arena. Al Nowais which...

Qatari construction to outperform developed economies

Gulf Arab state is expected to average around 12.5% growth annually for the next decade, Commercialbank Capital report says. Qatar’s construction market...

ADAC finalises preferred Midfield Terminal bidder

Arabtec led consortium aims to deliver 700,000m2 terminal building by 2017. Abu Dhabi Airports Company announced on Monday that the consortium consisting...