Dubai Land Department (DLD) announced that the total value of real estate transactions in the emirate has reached more than $106bn (AED390bn) since January 2016
Source: New feed
Month: August 2017
Saudi’s ACWA Power bags solar projects worth $190m in Egypt
Under the terms of the deal, ACWA Power will develop, finance, build, own, and operate three photovoltaic power plants with an aggregate capacity of 165.5MWp
Source: New feed
Top 10 GCC contract wins – July 2017
Construction Week takes a count of the top construction contracts awarded within the GCC in the month of July
Source: New feed
Terex launches a pedestal version of its Demag CC3800-1 crawler
Terex rolls out the Demag PC 3800-1, a pedestal version of its CC3800-1 crawler that can be deployed on site with just four outriggers ? like a mobile crane ? and minimal ground preparation
Source: New feed
New property director of sales appointed for Al Habtoor City hotels
John Farrelly has been appointed as multi-property director of sales & marketing for St. Regis Dubai, W Dubai ? Al Habtoor City and The Westin Dubai, Al Habtoor City
Source: New feed
Dubai’s Latifa and Hatta hospitals up for expansion
Dubai Health Authority (DHA) has plans to expand Hatta Hospital, as well as establish a new fertility centre at Latifa Hospital
Source: New feed
Bahrain issues decrees to form urban planning body
Source: New feed
Al-Futtaim Motors inks service, spare parts deal with Saaed
Under the terms of the agreement, Al-Futtaim Motors will conduct all service and spare parts activities for Saaed?s fleet of Toyota vehicles
Source: New feed
Gulf construction sector becoming “creative” to secure funding
Problems with liquidity have pushed construction industry stakeholders in the Middle East to pursue non-traditional forms of financing, says Shimmy Mathew, CFO of KBW Investments
Source: New feed
Arabtec wins $99m contract for new mall in Dubai South
Work on the new mall to begin this month, which will have 83,000m2 built-up area over three levels
Source: New feed