Sobha Realty complete US $230mn Sukuk Tap

Sobha Realty has announced the execution of a tap into its existing sukuk on 10 September 2024. This latest tap is an...

Construction

Egypt’s Palm Hills ‘to deliver 1,800 housing units this year’

Egyptian property developer Palm Hills aims to deliver 1800 housing units by the end of 2016, reports Amwal Al Ghad. That marks...

Consultant

Sweett Group to exit Mideast after bribery admission

Construction services firm Sweett Group says it is exiting the Middle East after admitting to a bribery charge concerning two contracts in...

Construction

Atkins reports 27% rise in Middle East profits

The UK-based Atkins says its Middle East business saw a strong performance in the first half, with operating profits up 27% to £11.3m ($17m)...

Construction

Chinese construction firm ‘eyes $3bn Balfour Beatty takeover’

A Chinese construction firm is examining a $3 billion takeover of Balfour Beatty, the UK’s biggest contractor, according to press reports.China Civil...

Construction

Dutco Balfour Beatty wins $408m Dubai Creek project

Dutco Balfour Beatty says it has been awarded $408.3 million main construction contract by Meraas, the Dubai-based holding company, for a mixed-use development on...

Construction