Handover starts at Frankfurt Sports Tower I in Dubai

Handover of finished units has commenced at the AED338 million ($92 million) Frankfurt Sports Tower I (FST I) in Dubai Sports City,...

Property

Number of Jeddah hotel rooms to double by 2018 – JLL

The number of hotel rooms in the Saudi Arabian city of Jeddah will double from the current 8,600 to 17,200 by 2018,...

Construction

Dubai’s DWTC launches One Central branding programme

Dubai World Trade Centre (DWTC) has launched a real estate branding programme for its new AED8 billion ($2.12bn) One Central development. Branding...

Fleet

UD Trucks launches new Mideast-focused Quester range

The Volvo-owned Japanese heavy truck manufacturer, UD Trucks, has launched a new range in the Middle East built specifically with the needs...

Infrastructure

Dubai awards $3.26bn sewers contract to Parsons

Dubai has awarded the US-headquartered engineering firm Parsons Corporation a AED12 billion ($3.26bn) contract for a new sewer system, which is expected...

Construction

Sharjah Holding awards contract for housing at Al Zahia

Sharjah Holding has awarded Al Qabdah Building Contracting the contract to build the first stage of the Al Narjis neighbourhood in the...

Construction

Marina works start at Hidd Al Saadiyat in Abu Dhabi

Construction of a 110-berth private marina has begun at the Hidd Al Saadiyat villa project in Abu Dhabi, the developer said in...

Construction

Dubai-listed DSI posts 61% fall in Q1 net profit

Drake and Scull International (DSI), the Dubai-based contractor, has posted a 61% fall in first-quarter net profit, with declining revenues extending an earnings slump,...