China’s CNTC wins main contract for Reem Island’s Pixel project

Work on IMKAN project's seven towers begins immediately with completion set for Q4 2021. IMKAN has appointed Chinese construction company CNTC as...

Analysis: Oil price rise boosted construction in H1 2019

Increasing oil prices are strengthening the outlook for the construction sector across MENA, says Mace. The MENA region is currently expanding at...

Aurecon appoints new Indonesia country director

Varman Ramachandran will also serve as client director for several verticals in Asia . Varman Ramachandran has been appointed as Aurecon’s new...

DEWA awards consortium $391mn contract for Hatta hydroelectricity project

Project is expected to be commissioned by February 2024. A $391mn contract has been awarded to a consortium comprising Strabag Dubai, Strabag...

Damac Properties reports H1 2019 revenues of $517.5mn

Developer delivered 1,476 units in the first half of the year. Damac Properties, the Dubai-based real estate developer, has reported a total...

Wilson Associates drafts in new design director for Dubai studio

Global interior architecture design firm Wilson Associates has appointed Roy Posey as its new Design Director at its Dubai studio. Posey will now...

IBC Group targets purchase of 10,000 holiday homes in Dubai

UAE-based private equity investment firm IBC Group has targeted taking a lead in the short-term accommodation market in Dubai ahead of next...

LTSA celebrates latest Saudi nationals to join GET programme

Latest batch of 13 Saudi engineering graduates follows the successful enrollment of 15 Saudi nationals last year. Larsen & Toubro Saudi Arabia...

GCC tourism sector rapidly developing to meet growing demand – report

$11.6 billion worth of tourism projects in the pipeline for KSA. With Saudi Arabia looking to attract more international and GCC tourists,...

New regional HQ to boost Daikin MEA expansion

Company aiming to 'enhance leadership, visibility and product offerings to meet increasing customer demands'. HVAC-R specialist Daikin says relocating its Middle East and...

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