News
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The Developers open Fontana Towers
$136m development will comprise of four towers and 400 apartments on Manama waterfront. Bahrain-based The Developers has opened a $136m development comprising...
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Contract disputes cost the Middle East $112m in 2011 – EC Harris
Disputes doubled in value and took longer to resolve when compared to last year, despite the rest of the world seeing costs...
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Infinite development is not financially viable
Expert warns that ambitious projects in the region may not be viable without external funding. Atkins’ UAE director of infrastructure has warned...
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Barwa Real Estate signs major deals for projects
Qatari real estate developer sees ‘positive interest’ from Cityscape Qatar 2012, CEO says. Barwa Real Estate, the Qatari real estate and investment...
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Imdaad establishes JV to target Qatar FM market
Tie up with Abuissa Holdings is intended to take advantage of an anticipated surge in FM demand. Imdaad, the UAE based facilities...
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Al-Fara’a and Amanah win hospital contracts
His Highness Sheikh Hamdan Bin Zayed Al Nahyan, ruler’s representative in the Western Region has hailed the awarding of contracts to build...
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UAE dumping sparking cement price war in Oman
UAE companies exporting excess cement into Oman is creating a price war and threatening local production. According to a report by Kuwait’s...
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Panorama at Views sparks buying frenzy in Dubai
Investors buy out all the residences available on the opening day of sales, Emaar says. Panorama at the Views, the newest residential...
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Saudi steel consumption hit 12.1m tonnes in 2011
Country's steel production forecast to grow by CAGR of 9% between the years 2012 to 2015. Industry research firm, RNCOS has said...
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South Korea’s Hanwha to sign $7.75bn contract to build Iraqi city
Seven year contract will see construction firm lay infrastructrue such as roads, water supply and sewer systems. The Iraqi government is set...
