All posts tagged "PROJECTS"
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InfrastructureLow oil prices to hit Gulf infrastructure spend – JLL
Low oil prices are leading to a fiscal restructuring across GCC nations, which will likely lead to cuts in infrastructure spending, according...
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ConstructionBahrain Bay set for busy 2016 as construction work steps up
Bahrain Bay, the $2.5 billion waterfront real estate development on the northern coastline of Manama, has said that 2016 will be an...
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ConstructionSK Engineering raises $100m from Gulf banks
A consortium of banks led by Mashreq has signed a $100 million loan for financing general corporate requirements of South Korea’s SK...
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ConstructionDeyaar: Atria twin towers in Dubai 25% complete
Dubai’s Deyaar Development says The Atria project, a 1.25 million sqf mixed-use twin tower complex launched in April last year, is 25% complete.A...
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PropertyEgypt’s SODIC, Heliopolis Housing to co-develop East Cairo project
The Egypt-listed Sixth of October Development Company (SODIC) says it has been offered the role to co-develop an integrated project in New...
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InfrastructureRAK’s Utico to invest $327m in UAE utilities projects
Ras Al Khaimah-based utilities company Utico has announced investments of nearly AED1.2 billion ($326.7 million) in projects across the Emirates to meet...
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PropertyUAE’s Al Habtoor plans $544m hotel investments in ‘16
The UAE-based Al Habtoor Group says it has allocated AED 2 billion ($544m) to be spent in international hospitality acquisitions in 2016....
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PropertyDamac removes Trump name from Dubai golf site
Damac Properties has removed the Trump name from a $6 billion golf development in Dubai in an apparent response to the uproar...
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ConstructionPayment concerns stall ASGC’s Saudi expansion plan
Concerns over prompt payments are holding back Al Shafar General Contracting’s (ASGC) expansion plan in Saudi Arabia, the CEO of the Dubai-based...
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ConstructionMeydan One Mall final design ‘to be confirmed by early 2016’
The final design and layout of Meydan One Mall will be confirmed by the first quarter of 2016, reports Gulf News.The development...
