KSA, UAE lead GCC construction market

With $81bn-worth of projects under construction, Saudi Arabia continues to lead the race as GCC’s largest civil construction market. UAE’s market, valued...

Construction

Labour law hits contractor profits by 68.9%

Saudi Arabian contracting firm Abdullah AM Al-Khodari Sons Co. recently reported a Q4 decline in its net profit. The country’s construction market...

Construction

Arabtec to enter Balkan markets

Arabtec recently announced it would open its regional headquarters in Belgrade, the capital of Serbia. The new offices are expected to provide...

Construction

Heart of Europe project begins on Nakheel’s The World islands

Dubai-based developer Kleindienst has started work on a resort complex on 'The World', a man-made archipelago off Dubai's coast. Titled 'Heart of...

Construction

Union Properties agrees Motor City development

National Properties, a subsidiary of savings and investment company National Bonds Corporation signed an agreement with Union Properties undertaking a development at...

Construction

Arabtec Construction wins $705mn Al Reem Island contract

Arabtec Construction, the Dubai based contractor, has won a $705 million contract to build a 61 floor block of flats and a...

Construction

Qatar announces $26bn plan to develop highway and sewage network

Qatar’s Public Works Authority has announced a $12.3 billion plan to develop seven expressways, improve and develop existing roads and sewage projects,...