Strong dollar to affect building material prices

Experts have noted however, especially main-line contractors that building commodity prices are still dealing with some instability, with clients wanting fixed prices.
Source: New feed

EDB allocates $409m for housing, SMEs

The budget allocates $204.36m for housing loans for Emirati citizens and a similar amount for the development of small and medium businesses
Source: New feed

Egypt: Tender for Sharm El-Sheikh airport works

EAC plans to expand Terminal 2 and increase its capacity by two million passengers per year, thus taking the total capacity of the airport to 9.5 million
Source: New feed

European construction tech company forays into UAE

The company?s experts have developed a number of solutions, which offer homeowners versatile and more usable outdoor spaces, while still being able to keep their pools
Source: New feed

Municipality to invest $680m for Dubai markets

The Municipality manages about 5,000 shops, warehouses, and cafeterias in 14 different markets in the emirate, constructed at a cost of more than $272m (AED1bn)
Source: New feed

Phase 2 of MBR Solar Park 80% complete

The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world based on the Independent Power Producer model
Source: New feed

Abu Dhabi: Aldar's Shams Meera works on track

Current construction activity at Shams Meera is focusing on steel reinforcements and foundation work, as well as columns and walls for the basement levels
Source: New feed