Nakheel reports $403m net profit for Q1 2017

Nakheel awarded construction contracts worth $1.36bn, signed agreements with two Thai hotel operators, and opened its fifth retail pavilion in the first quarter of 2017
Source: New feed

UAE: WWA announces the passing of Keith Lupton

Keith Lupton, a veteran of the Middle East?s used-equipment community and vice president of regional sales at World Wide Auctioneers, has passed away
Source: New feed

ACWA Power rebuilds team in Saudi Arabia

ACWA Power is increasing the size of its team in Saudi Arabia in anticipation of new opportunities in the country’s water and power sectors as a result of Saudi Vision 2030
Source: New feed

PPPs used to tackle housing shortage in Saudi

Economic reforms on the Saudi housing market are being implemented as more public private partnerships (PPPs) are being used to tackle the continued shortage of affordable housing in Riyadh
Source: New feed

Bahrain begins work on major road projects

Work will soon begin on major road development projects aimed at transforming the kingdom?s highways and streets to free traffic flows, a report said, citing a senior minister
Source: New feed

Warner Bros Abu Dhabi theme park 60% complete

Work on the Warner Bros Abu Dhabi theme park on Yas Island is now 60% complete and will feature six themed areas, the developer announced on Tuesday
Source: New feed

Hormann launches multipurpose external doors

Hormann’s MZ Thermo and MZ ThermoPlus are part of the company?s range of functional doors for homes, and offer up to 49% more thermal insulation than conventional multipurpose doors
Source: New feed