Ferrovial purchases 24% stake in India-based infrastructure company

Infrastructure specialist Ferrovial, through its toll-road subsidiary Cintra, has invested US $802.3mn for a 24% stake in IRB Infrastructure Trust in India....

Industry News

Nakheel and Meydan merged under Dubai Holding

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced...

Construction

New beaches announced for Yas Bay Waterfront

Miral has announced the development of two beaches at Yas Bay Waterfront, a day-to-night hospitality destination on Yas Island. Complementing the existing...

Infrastructure

Madrid’s airport to undergo $2.6bn expansion

Madrid’s international airport, Adolfo Suárez-Madrid Barajas Airport, is to undergo an expansion, with the goal of enhancing its role as Europe’s primary...

Construction

RIB Software survey reveals positive outlook for 2024

Construction firms in the Sub-Saharan Africa and Middle East and North Africa (MENA) region are expecting a ‘busy and profitable 2024’. The...

Infrastructure

New infrastructure work for four areas of Dubai complete says RTA

Dubai’s Roads and Transport Authority (RTA) has completed construction works on the internal roads at Margham, Lehbab, Al Lesaili, and Hatta regions,...

Construction

Oman to partner with ICC for new building codes

In a significant move aimed at enhancing building safety and construction standards in Oman, the International Code Council (ICC) has partnered with...