Successful Series A equity financing round for Canada?s Serious Labs and its virtual reality operator training bodes well for the future of the technology in the construction sector
Source: New feed
Month: August 2017
Abu Dhabi funds $408m worth of projects in Pakistan
ADFD has awarded a total of $408.4m (AED1.5bn) in grants and concessionary loans to Pakistan on behalf of the Abu Dhabi government
Source: New feed
Emaar Properties reports 15% growth in H1 2017
Emaar Properties has reported a net growth of 15% to $772m in the first half of 2017, compared to $674m during the corresponding period last year
Source: New feed
ASGC ramps up drone deployment, 3D scanning on UAE projects
ASGC has unveiled plans to increase its deployment of drones and 3D scanning technologies across its UAE project portfolio
Source: New feed
DEWA, ADEWA signs MoU for strategic water interconnection
Dubai and Abu Dhabi exchange of potable water in case of emergencies, or other purposes – bid and tendering process to be evaluated in the near future
Source: New feed
Arabtec subsidiary Target wins two deals worth $871,000
The company is a wholly-owned subsidiary of Arabtec Holding, which is listed on the Dubai Financial Market
Source: New feed
Arabtec subsidiary Target wins two $871,222 deals
The company is a wholly-owned subsidiary of Arabtec Holding, a company listed on Dubai Financial Market
Source: New feed
Saudi's budget deficit reduces to $19.4bn
Saudi?s budget deficit halved in the first half of the year following spending cuts that form part of an economic reform plan
Source: New feed
Drake & Scull to elect new board of directors by year-end
Drake & Scull International announced that it will elect a new set of board of directors during its upcoming General Assembly scheduled later this year
Source: New feed
Turner & Townsend to launch Saudi office in 2017
"We have nearly finished the process of establishing our business in Saudi Arabia," the company’s Middle East managing director told Construction Week
Source: New feed