Saudi rail projects scaled back

Current oil prices have caused adjustments of scopes and timelines over the past year, which includes scaling down the original plans for the Riyadh Metro.
Source: New feed

Dubai: Arabtec posts Q3 2016 net loss

During Q3 2016, Arabtec succeeded in securing new projects, including a five-star hotel in Dubai Media City to increase its new project wins for 2016 to $2.5bn (AED9.4bn)
Source: New feed

Drake & Scull posts consecutive loss in Q3 2016

In the third quarter 2016, DSI booked $67m (AED246m) worth of new project awards, which included contracts in India and Palestine in the wastewater sector
Source: New feed

Dubai plans to build sustainable autonomous homes

The first model of the solar-powered and electricity-independent Sustainable Autonomous House was developed by the Mohammed Bin Rashid Space Centre (MBRSC) team within 100 days
Source: New feed