UAE petrol prices to rise, diesel to fall from September

Fleet

UAE petrol prices to rise, diesel to fall from September

The price of diesel – which is used heavily in construction and industry – will be lower in the UAE from September...

Construction

Six firms submit bids for $272m Dubai library

Six construction firms have submitted bids for the construction of the $272.5 million Mohammed bin Rashid Library in the Al Jaddaf area...

Infrastructure

Dubai’s Al Futtaim Engineering wins scaffolding contract

The Dubai-based Al Futtaim Engineering has announced that it has won a contract to provide access scaffolding solutions for Emirates Global Aluminium’s...

Property

Jeddah residential rent prices ‘jump by 30%’

Residential rents in the Saudi city of Jeddah have soared by 30 percent, according to news reports in the kingdom. An increase...

Infrastructure

Turkey’s Tekfen to build $2bn highway in Qatar

Qatar has signed an agreement with Tekfen, a Turkish conglomerate, for the construction of a $2.08 billion highway, it has been announced....

Property

Qatar buys 9.9% stake in Empire State Building owner

The Qatar Investment Authority (QIA) has taken a 9.9% stake in the trust owning New York’s Empire State Building with an investment...

Construction

Dubai: One Palm works progressing, says Omniyat

Dubai-based developer Omniyat says its One Palm project, located on the left trunk of the Palm Jumeirah, is “rapidly taking shape”, with...

Construction

ISG Middle East appoints new managing director

Construction services company ISG Middle East has appointed Steve Ramsden as its new managing director, replacing Alan McCready who is stepping down...