Revenue from its financing business activities decreased by 20% to $12.8m (AED47m) in Q1 2017, compared to 16.06m (AED59m) for the same period last year
Source: New feed
Month: May 2017
AMC awards C&P $1.3bn worth of Saudi medical projects
Construction and Planning Co has been selected as the main construction and fit-out partner for Anfas Medical Care?s $1.3bn hospital and medical cities development programme in Saudi Arabia
Source: New feed
Terex introduces two-year warranty for Demag cranes
Terex Cranes doubles the comprehensive warranty for its Demag range of three-axle and five-axle mobile cranes reintroduced last year at Bauma 2016
Source: New feed
Saudi's Jeddah Tower faces further delays
The completion date for what will be the world?s tallest building, the Jeddah Tower in Saudi Arabia, has been delayed to 2019
Source: New feed
Qatar developer to build first air-conditioned jogging track
Le Mirage Real Estate will build Qatar?s first residential project having a roof top air-conditioned jogging track, giving its residents and users much comfort and a chance to take in a bird?s eye view of the city while jogging
Source: New feed
Arcadis: Disputes resolved 10% faster in 2017
The region’s construction industry is resolving claims more swiftly, according to the latest research from Arcadis
Source: New feed
Musanada completes glass works at Al Ain Hospital
The $1.20bn hospital project will have 719 beds, 104 advanced specialised clinics, 17 radiology rooms as well as 22 specialised rooms for endoscopy diagnosis
Source: New feed
Nakheel awards $410m contract for The Palm Gateway
Shapoorji Pallonji Mideast will commence construction of the developer’s three-tower residential, retail, and beach club complex in the second quarter of 2017
Source: New feed
Conference to highlight real estate opportunities in Oman
Oman Real Estate Association (OREA) is set to open the third edition of the Oman Real Estate Conference tomorrow, 15 May, at the Grand Millennium Hotel, in Muscat
Source: New feed
Hyundai Heavy inks MoU with Bahri for smart technology
Under the terms of the MoU, the two companies will jointly develop smart ship solutions and apply them to ships operated by Bahri
Source: New feed