Low oil prices to hit Gulf infrastructure spend

Low oil prices to hit Gulf infrastructure spend – JLL

Future plans likely to be curtailed as governments seek to adjust. Low oil prices are leading to a fiscal restructuring across GCC...

RAK’s Utico to invest $327m in UAE utilities projects

Projects to include water transmission pipeline to Sharjah. Ras Al Khaimah-based utilities company Utico has announced investments of nearly AED1.2 billion ($326.7...

UAE’s Etihad Rail gets green signal to start operations

Safety authorisations granted for stage one of $11bn network. The UAE’s Etihad Rail has been granted the safety authorisations to start operations on...

Besix Group backs PPP for Mideast infrastructure

Belgian contractor increasingly focused on owning and operating infrastructure assets. Besix Group, Belgium’s largest construction company, has said that private-public partnerships (PPP)...

Saudi’s new King Abdulaziz airport set for completion by late 2016

New hub set to receive first international flights by mid-2017. Saudi Arabia’s new King Abdulaziz International Airport (KAIA) is expected to be...

New laws issued for Dubai Smart City initiative

Sheikh Mohammed bin Rashid sets legal framework “for transforming Dubai into the world’s smartest city”. A broad range of new laws has...

Dubai awards contract for next phase of $129m Academic City road

Roads and Transport Authority awards contract for constructing phase two of project. Dubai’s transport authority has awarded a contract to construct the...

Dubai officially confirmed as host of Expo 2020

The announcement came at the 158th general assembly of the Bureau International des Expositions in Paris. Dubai has officially been confirmed as...

The Big 5: Gulf HVAC ‘needs to be more sustainable’, UAE firm says

DC Pro Engineering urges industry to switch to new technologies for greater sustainability. DC Pro Engineering is urging the GCC’s heating, ventilation...