Accounting for 41.8% of the overall facades market in 2015, Saudi Arabia alone is estimated to grow to $5.5bn by 2024, up from $3bn this year
Source: New feed
Sahara rejects 'devious' Saudi-UK offer for hotels
Sahara has dismissed a $1.3bn offer for London?s Grosvenor House Hotel, and New York?s Plaza and Dream Downtown hotels as the bid valued the assets below market price
Source: New feed
Saudi: Ruwais development to demolish 6,500 units
JDURC has announced that 6,500 residential units in Saudi Arabia’s Ruwais neighbourhood will undergo an infrastructure transformation
Source: New feed
Autodesk unveils interactive visualisation service
Autodesk LIVE will offer Revit users in the architecture, engineering and construction industries (AEC) the ability to transform their designs into 3D models
Source: New feed
McDermott inks MoU with Qatar's Nakilat-Keppel
The two firms will work together over the next five years to pursue offshore engineering, procurement, construction, and installation (EPCI) projects in Qatar
Source: New feed
Omran announces three hotels for Madinat Al Irfan
Three luxury hotels, including a W Hotel, a JW Marriott, and a Crowne Plaza, are set to open by the end of 2018 as part of Omran’s Madinat Al Irfan Urban Development
Source: New feed
Arcadis records 3% drop in net revenue for H1 2016
A cut in spending on social infrastructure in the Middle East due to low oil prices was cited by Aracadis as a contributing factor to the revenue fall
Source: New feed
Global outsourced FM market worth $1tn by 2025
The global FM market will be worth $945.11bn by 2025, with construction expected to boost activity in the Middle East, according to a report from Frost & Sullivan
Source: New feed
Dubai: Azizi unveils $80m Montrell apartments
Strategically located in Al Furjan, Montrell Serviced Apartments will be directly connected to the Expo 2020 pavilion
Source: New feed
Product Snapshot: Locking Pliers and Portable Power Station
Milwaukee’s Locking Pliers feature Torque Lock, a durable, broad thumbscrew that can be turned with a screwdriver for greater leverage.
Source: New feed