Drake & Scull International (DSI) announced on Wednesday that it is targeting to issue a sukuk convertible into equity in the second quarter of 2018
Source: New feed
Author: constructionlead
JLL appoints head of Abu Dhabi operations
JLL has appointed Peter Stebbings as the head of Abu Dhabi operations
Source: New feed
Saudi arrests 32 people for building on government land
The 32 arrests followed an "illegal protest" in Taif, the Saudi Press Agency said
Source: New feed
Bahrain begins building $4m Alba social centre
Bahrain Motors Company won the main contractor to build the social centre
Source: New feed
Emaar Hospitality unveils mixed-use project in Dubai
Emaar Hospitality Group is launching the Vida Za?abeel in Dubai, a mixed-use project to be developed under a joint venture with Meraas
Source: New feed
Dubai's fleet of 50 Tesla taxis completes 2 million km
The units, which are being operated by Dubai Taxi Corporation, have made more than 64,000 trips since their roll-out in September 2017
Source: New feed
Kuwait to build 80 road projects worth $26m
Up to 80 road projects, worth $26m, will be implemented in Kuwait in the coming years, Ahmed Al-Hesan said
Source: New feed
Bahrain's realty regulator grants nine licenses to property developers
The Real Estate Regulatory Authority is making good on its promise to license property developers
Source: New feed
Dubai's Nakheel floats ground preparation tender for Palm 360 towers
A construction tender for the project is due later this year, with the twin-tower development’s completion set for 2021
Source: New feed
Retrofitting to help Dubai slash energy use by 30%
Dubai is pumping more than $8bn into buildings retrofits
Source: New feed