SAM and CHSS Consultants launch new JV engineering consulting firm

Sharjah Asset Management (SAM) has launched a new joint venture (JV) company with the largest engineering consulting firm in Malaysia, CHSS Consultants. Asool...

Construction

GlobalData: Saudi Aramco and Sabic committed to Yanbu megaproject

The Saudi Aramco and Saudi Basic Industries Corporation (Sabic) joint venture (JV) is moving forward with its plans of building a mega...

Consultant

Consolidated Contractors Company announces City Centre Almaza achieves LEED-Gold certification

Egypt’s City Centre Almaza (CCA) mall has received LEED-Gold certification from the US Green Building Council (USGBC). Consolidated Contractors Company (CCC) completed...

Construction

Saipem and AHQ to set up JV firm in Saudi Arabia

Saipem has inked an agreement with Saudi construction company Abdel Hadi Abdullah Al Qahtani & Sons Company (AHQ). The firm says the...

Construction

Adnoc awards $1.65bn worth of EPC contracts for gas project

Abu Dhabi National Oil Company (Adnoc) has awarded two contracts worth $1.65bn for providing engineering, procurement and construction (EPC) services at its...

Construction

GFH Capital acquires diversified US hospitality portfolio worth $250m

GFH Capital, the Dubai-based subsidiary of the GFH Financial Group, has acquired a diversified US hospitality portfolio worth $250 million, in partnership...

Construction

UAE and Kazakhstan plan $11bn in joint venture projects

The UAE and Kazakhstan have embarked on an ambitious project to implement joint venture projects worth $11 billion mainly in the oil...

Construction

Masdar, Infinity Energy form JV for renewable projects in Egypt and Africa

UAE’s Masdar and Egypt’s renewable energy provider, Infinity Energy have announced their decision to establish a joint venture company, Infinity Power, to...