Two contracts worth a combined $330m (AED1.2bn) have been awarded for the construction of the 7th Interchange on Sheikh Zayed Road, and expansion works for Al Yalayis and Al Asayel Roads in Dubai
Source: New feed
The nominations deadline has been extended by a week for the fmME Awards 2017, due to be held on 16 May, 2017, at Dubai’s Waldorf Astoria hotel
Source: New feed
Depa Limited announced that its revenue increased from $446.68m in 2015 to $471.10m in 2016, registering a 5% year-on-year growth
Source: New feed
Dubai-based property developer, Properties Investment (PI), will be expanding The Market shopping arcade next to the Green Community in Dubai Investment Park (DIP)
Source: New feed
ACWA Power and APICORP announced the signing of a sale and purchase agreement of an 8% effective stake in Shuqaiq Independent Water & Power Project (Shuqaiq IWPP)
Source: New feed
Emaar Malls shares fell 0.78% on the Dubai Financial Market yesterday to close at $0.69 after news reports said the retailer was offering to pay $800m for Souq.com
Source: New feed
Emaar Properties has announced the completion of the pile foundations for what will be the world?s largest building, The Tower, upon completion in 2020
Source: New feed
The Value Added Tax to be implemented by six GCC governments next year will result in an increase in all construction costs and property prices, expert says
Source: New feed
Dubai has been ranked ninth in a global survey as among the top 10 cities with the largest supply of hotel rooms in the world
Source: New feed
Construction Week takes a count of the top construction contracts awarded in the GCC region in the month of March 2017
Source: New feed