The deal was structured to meet Omniyat?s financing objectives, particularly for its Opus Project, a mixed use development designed by Zaha Hadid
Source: New feed
Month: January 2017
Orascom chairman launches development in Cyprus
The residential and commercial development, Ayia Napa Marina, will comprise of 190 apartments across two towers, 29 villas, and a 600-berth marina
Source: New feed
Marasi homes to be floated from Finland to UAE
Admares, the firm contracted for Phase 1 of Dubai Properties? Marasi Business Bay project, will build a series of floating buildings in Finland before transporting them by sea to the UAE
Source: New feed
Phase 3 of Green Community West nears completion
The Green Community West DIP ? Phase III comprises a total of 210 townhouses to be handed over in the second quarter of 2017
Source: New feed
Himoinsa units power Dubai Festival City fountains
Himoinsa and FAMCO have supplied four generator sets to provide power for Dubai Festival City?s Imagine show
Source: New feed
Thyssenkrupp wins Algerian cement factory contract
The turnkey cement plant will have a production capacity of 6,000 tonnes of clinker per day and will be constructed in Sigus
Source: New feed
Link-Belt debuts next-gen 70t rough-terrain crane
Link-Belt introduces new competitor in the rough-terrain segment, with a fully loaded transport weight of less than 45t with counterweight
Source: New feed
McDermott bags offshore pipelay contract in the ME
The pipelay contract, sizeable in value, includes the engineering, procurement, and installation of two oil pipelines offshore
Source: New feed
UAE: Al Farwaniya appoints chief projects officer
As chief projects officer for Al Farwaniya Property Developments, James Duncan will take responsibility for the development programme of Abu Dhabi?s Reem Mall
Source: New feed
Bahrain awards $150m contracts for housing project
Four construction companies were awarded construction contracts to build 1,265 housing units, as part of the Al-Ramli housing project, in Bahrain
Source: New feed