Hilton, UAE’s Wasl to open two mid-market hotels in Dubai

Hilton Worldwide and UAE-based Wasl Hospitality and Leisure have announced agreements to open two more mid-market hotels in Dubai – the Hampton...

Construction

Dubai’s Damac Properties awards $760m contracts so far in 2015

Dubai’s Damac Properties says the value of contracts it has awarded so far this year has exceeded $760m, despite a slowdown in...

Property

Bayti Homes project in Ras Al Khaimah, UAE nears completion

Al Hamra Real Estate Development (AHRED) has announced that its AED250 million ($68 million) Bayti Homes residential project at Al Hamra Village...

Construction

Saudi contractors claim summer work ban adds 8-10% to project costs

Saudi Arabian contractors have said that the Ministry of Labour’s decision to ban employees from working during peak daytime summer temperatures will...

Consultant

Meraas appoints lead consultant for Bulgari Resort in Dubai

Developer Meraas has appointed WSP | Parsons Brinckerhoff as lead consultant for the Bulgari Resort and Residences in Dubai, it has been...

Property

Abu Dhabi’s Aldar to begin sales of ‘mid-market’ Meera units

Abu Dhabi developer Aldar Properties plans to launch its “mid-market” Meera residential development, located on Reem Island, to the sales market in...

Infrastructure

Sisi in Germany as Siemens signs $9bn power deal with Egypt

Siemens has landed a $9 billion deal to build gas and wind-power plants in Egypt, signing contracts on Wednesday in a ceremony...

Construction

Blatter resignation casts further doubt over Qatar 2022 FIFA World Cup

Further doubts have been raised over the likelihood of the 2022 World Cup being held in Qatar following the resignation on Tuesday...

Construction

Kuwaiti-owned firm to raise $3.6bn for Paramount UK theme park

London Resort Company Holdings (LRCH), the Kuwaiti-owned developer, has announced an exclusive agreement with a London-based private-banking firm to raise $3.6 billion...

Construction

UAE’s ASGC ‘on track’ with $90m Abu Dhabi oil and gas projects

Al Shafar General Contracting (ASGC), the UAE-based construction group, says its projects with Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi...