Danube says Dubai ‘Miraclz’ project almost sold out

Developer Danube Properties says 95% of its recently launched Miraclz project in Dubai has been sold. The announcement was made by Rizwan...

Construction

Saudi Arabia approves two airport locations

Saudi Arabia has given the green light to the location for two domestic airports set to be built in the Riyadh region,...

Construction

Qatar: 90% of World Cup 2022 projects awarded

About 90% of FIFA World Cup 2022 projects, across all sectors, have been awarded and are expected to be executed on time,...

Infrastructure

Sharjah and L&T in talks over smart energy projects

Sharjah Electricity and Water Authority (Sewa) held talks with leading Indian construction group Larsen & Toubro (L&T) on its future developments and...

Construction

Dubai’s Arabtec to hold second board meeting of 2017

The Dubai-listed contractor Arabtec has said it will conduct its second board meeting of 2017, in which it will review its 2016...

Property

Dubai developer renames Trump golf community ‘Damac Hills’

The Dubai developer Damac has said it is renaming a development that will feature a Trump-branded golf course. The Akoya by Damac...

Fleet

Hankook Tire reports rise in 2016 annual profit

Hankook Tire has announced its global financial results for the fourth quarter of 2016 with consolidated sales of $1.33bn and an operating...

Machinery

JCB ventures into powered access sector

UK-headquartered construction machinery major JCB has launched nine electric scissor lift models and announced a new JCB Access division, marking its entry...

Construction

Dubai Properties awards contract for 1/JBR project

Dubai Properties (DP) has awarded Dubai Contracting Company (DCC) the contract for its 1/JBR residential project, the developer announced at a recent...

Infrastructure

Siemens, Bentley Systems plan utility design solutions

Global industrial giant Siemens’ Energy Management Division (EMD) and Bentley Systems have announced an agreement to jointly develop solutions to accelerate digitisation...