Kuwait Fire Services Directorate evacuated a part of a building in Sabah Al-Salem that is believed to have been affected by the Iraq-Iran border earthquake on 12 November
Source: New feed
Author: constructionlead
UAE developer Aldar records 27% hike in Q3 2017 revenue
Aldar Properties reported that its revenue for Q3 2017 reached $375.7m, representing year-on-year growth of 27%
Source: New feed
Araco named architectural consultant on $20m tower project
Abdul Rahim Architectural Consultants (ARACO) has been appointed as architectural consultant on a $20m (AED75m) tower at Al Barsha Heights in Dubai
Source: New feed
Japan’s Nissan to provide Expo 2020 Dubai with 1,000 vehicles
Japanese vehicle manufacturer, Nissan, has been selected as the official automotive partner of Expo 2020 Dubai
Source: New feed
Abu Dhabi’s Aldar Properties appoints new chairman, CEO
Aldar Properties has appointed HE Mohamed Khalifa Al Mubarak as chairman and Talal Al Dhiyebi as chief executive officer
Source: New feed
Nshama awards two contracts for Town Square's Rawda Residence
Nshama has awarded two contracts for its Rawda Residence project located in the Town Square development in Dubai, a senior official has revealed.
Source: New feed
Saudi Arabia's PIF mulls launch of 'heli-taxi' company
Upon its launch, the air taxi operator would provide transport services within Saudi Arabia’s main cities, as well as tourist trips to key hotspots around the kingdom
Source: New feed
UAE's NMDC posts 9M 2017 revenue hike despite 39% net profit drop
While the marine contractor’s nine-month 2017 net profits declined to $6.7m from $11m in 2016, its revenues during the period grew by 3% to $272.2m
Source: New feed
115-unit apartment block within UAE’s Aljada sells out in one day
Areej 5, a 115-unit apartment block situated within Sharjah?s $6.5bn Aljada community, sold out within a day of being released to the market
Source: New feed
Emaar Properties sales surge to 32% in 9M 2017
Emaar Properties has reported a net profit growth of $411m (AED1.5bn) for Q3 2017 in Dubai property sales, 32% over the corresponding period of $312m (AED1.14bn) in 2016.
Source: New feed