Saudi Arabia government is in talks over a proposal for acquisition of distressed business conglomerate, Saudi Oger
Source: New feed
SSH to oversee Al Adan Hospital-Kuwait expansion
The project was awarded on a design, construction, equipping, furnishing, operation and maintenance basis by the Kuwait Ministry of Health
Source: New feed
Trends of Building Information Modeling and Geospatial Use in Construction
Geospatial Media and Communications, an India-based market research firm, released a market report on August 2 about the state of Geospatial and BIM use in the construction industry and linking it to the construction economy as a whole
Source: New feed
WSP | PB acquires water consultancy company
Schlumberger provides industrial water consulting services and project solutions to clients worldwide
Source: New feed
Saudi Arabia govt in talks to acquire Saudi Oger
Saudi Oger has been hit hard by a slowdown in the Saudi construction sector due to low oil prices and state spending cuts
Source: New feed
Majid Al Futtaim reports 11% growth in H1 2016
The Dubai-based property and retail group?s overall revenues increased by 9% year-on-year to $3.3bn (AED12.3bn), driven by entry into new markets
Source: New feed
Saudi plans to build 44,000 new schools by 2020
Public and private investors plan to capitalise on the education sector in the GCC in the next four year by building 50,000 new schools across the region
Source: New feed
Kuwait: Sheikh Jaber Causeway 34% complete
The causeway is intended to reduce traffic congestion and expand the road network across Kuwait
Source: New feed
Dubai Holding to invest $272m in tech developments
Dubai Future Foundation and Dubai Holding plans to invest $272m (AED1bn) over five years to advance research and development, and entrepreneurship
Source: New feed
UAE's Aldar to refinance $490m loans with banks
Out of Aldar?s total debt of $1.6bn (AED6bn), bank loans fund $871m (AED3.2bn) ? $490m (AED1.8bn) of which is now being refinanced, its CEO has said
Source: New feed