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Abraj Misr launches new phase of The Shore project

August 15, 2016

The Shore project, about 240km from Cairo, is located on an area of 180 acres with a total investment of up to $224.6m (EGP2bn)
Source: New feed

Drake & Scull reports 23% revenue fall in H1 2016

August 15, 2016

DSI?s ongoing projects order backlog stood at $(AED9.37bn) as of 30 June 2016, as compared to $(AED13.24bn) in H1 2015
Source: New feed

Abu Dhabi property yields average 5% in Q2 2016

August 15, 2016

Property investors have witnessed an average gross yield of 5% across the city of Abu Dhabi, according to Chestertons MENA?s Q2 2016 market report
Source: New feed

Balfour Beatty transforms London’s Olympic Stadium

August 15, 2016

Contractor provides a masterclass in the sustainable recycling of a dedicated venue for general-purpose applications
Source: New feed

Fujairah mosque construction to span 16 months

August 15, 2016

The $884,847 mosque in Fujairah’s Seiji locality will be developed by Mohammed bin Rashid Al Maktoum Humanitarian City and Charity Establishment
Source: New feed

Bahrain: Work begins at 3,100-unit Deerat Al Oyoun

August 15, 2016

Construction has commenced at Diyar Al Muharraq?s 3,100-unit Deerat Al Oyoun residential project in Bahrain
Source: New feed

Work begins on $245m Nakheel Deira Islands resort

August 15, 2016

A consultant has been picked for the 31.6ha development, with construction tenders due by the end of 2016 and completion expected by Q3 2019
Source: New feed

Firms come to aid of stranded Saudi Oger workers

August 15, 2016

Saudi Oger has been hit hard by a slowdown in the kingdom’s construction sector due to low oil prices and state spending cuts
Source: New feed

Emicool wins district cooling contract from Damac

August 14, 2016

Emicool has been awarded a 25-year concession contract as the exclusive district cooling supplier for the Akoya by Damac development in Dubai
Source: New feed

UAE: Damac reports 27% fall in H1 2016 net profits

August 14, 2016

During the first six months of 2016, the developer recorded revenues of $898m (AED3.3bn)
Source: New feed

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