The investment is expected to boost the Saudi and international growth of Dar Al-Arkan, the developer building Dubai’s I Love Florence Tower
Source: New feed
Month: April 2018
RTA awards $354m contract for Expo 2020 roads project
The Roads and Transport Authority (RTA) has awarded two contracts worth $345m (AED1.3bn) for Phases 3 and 4 of the Dubai Expo 2020 roads project
Source: New feed
Manazel net profit grows by 6%
Manazel reported revenue and profit growth in its consolidated 2017 financial results
Source: New feed
Top 10: Biggest contract wins of March 2018
Construction Week counts down the biggest contract awards in the region for the month of March
Source: New feed
Comparison site Yallacompare to build 3D-printed electric vehicle
Called the ?Yallacar?, the vehicle will be a futuristic two-door coupe with fully autonomous capabilities and augmented reality features
Source: New feed
Kuwait urges Limak to 'expedite' airport terminal's construction
Project contractor, Limak Holding, is working with local officials "to expedite the completion of the project", Kuwait’s Minister of Public Works said
Source: New feed
First Gulf Properties rebrands to FAB Properties
First Gulf Properties, a wholly-owned subsidiary of First Abu Dhabi Bank (FAB), has changed its name to FAB Properties
Source: New feed
Contractors suspended after Abu Dhabi crane crash
Abu Dhabi Municipality has suspended the activities of the contractor, subcontractor, and consultant associated with the crane crash that damaged parked cars in the city
Source: New feed
Trojan General bags $354m Aldar contract for Water’s Edge project
Aldar Properties has appointed Trojan General Contracting as the main contractor for its $653.4m (AED2.4bn) Water?s Edge development on Yas Island
Source: New feed
Ras Al Khaimah's Al Hamra reveals major branding shake-up
Ras Al Khaimah?s largest real estate developer and investment company, Al Hamra, has announced plans to bring all subsidiaries under one umbrella in a major branding shake-up
Source: New feed