Delays hit hotel projects in Fujairah

Development of Fujairah?s prime tourism area has stalled, with no major resorts opening in Al Aqah beach area in the past three...

Al Maabar launches its US $10 billion project in Jordan

The $10 billion Marsa Zayed project, being developed by Al Maabar Investments, was launched last month by HH King Abdullah II of...

KSA construction investments to reach US $80 billion

Investments in the Saudi Arabia construction sector are expected to reach SAR 300 billion ($80 billion) by 2015. Investments in the Saudi...

Qatar emerges strongest

While all six Gulf states? construction industries have been severely impacted by the global economic downturn, some are recovering faster than others;...

Kingspan opens first UAE office

UK-based Kingspan insulated panels has expanded into the Middle East with the opening of an office in Dubai.. UK-based Kingspan insulated panels...

Builders cut prices to win contracts

Dubai builders chasing contracts in Abu Dhabi are being forced to cut their prices to stay afloat as competition intensifies.. Dubai builders...

KSA awards US $5.6b of contracts in Q1

KSA awarded contracts worth $5.57 billion for development projects in the Q1 of 2010. KSA awarded contracts worth $5.57 billion for development...

King Abdullah pledges US $266m medical centre in Bahrain

Saudi Arabia King HH Abdullah Ibn Abdul Aziz has pledged to build a SR1 billion ($266 million) medical city as a gift...

Aabar’s 70% acquisition of Arabtec called off

Arabtec and Aabar Investments have called off their US $1.7 billion agreement for Aabar to take over Arabtec.. Arabtec and Aabar Investments...

New nano-acrylic coating from Jotun

Jotun Paints has launched its Jotafloor Rapid Dry WB; a new floor coating based on nanotechnology.. Jotun Paints has launched its Jotafloor...

Construction