Cluttons undertakes Segaya Plaza

Early signing of agreement is to ensure that the lender will 'benefit from Cluttons' experience in marketing the property prior to delivery'....

Bahraini developer to build 4,000 affordable residential units

Project to provide high-quality, affordable villas for Bahraini nationals on medium incomes. Naseej, a Bahrain-based real estate and infrastructure development firm, has...

Damen adds new dredger to Standard Series

New dredger works at a maximum depth of 18 metres, along coast areas. Dutch dredging equipment specialist, Damen has unveiled the latest...

Damen adds new dredger to Standard Series

Dutch dredging equipment specialist, Damen has unveiled the latest addition to the company’s Damen Standard series of cutter suction dredgers. Fitted with...

Nakheel awards Kele contract to build Dragon Mart Hotel

Hotel project comes after contractor won the bid to build a multi-storey car park for the complex. Dubai-based construction firm, Kele Contracting...

Bahrain signs off on site worker safety agreement

Housing ministry signs agreement to examine vocational health and safety standards. Bahrain’s Housing Ministry has signed an agreement to ensure the safety...

Tadawul evaluating bids for $266m tower

Saudi Stock Exchange Company still reviewing bids for main construction deal for tower project. Contractors submitted their bids last week to the...

‘Snoozing’ judge causes sleepless nights for Nakheel

Property developer calls for retrial after Dubai World Tribunal member caught catching forty winks during legal proceedings for $15.5m case. Nakheel, Dubai’s...

Dubai World’s Limitless to seal $1.2bn debt deal

Indebted property developer offered to pay 175 basis points over the London Interbank Offered Rate. Dubai World’s property development arm, Limitless is...