Empower has achieved LEED Gold certification from the US Green Building Council for its warehouses in Al Qouz, Dubai
Source: New feed
Al Mazaya acquires 50% stake in Turkey project
Ritim Istanbul is spread across 39,000 square meters of land on the Asian side of Istanbul, and contains six towers with presidential and offices units
Source: New feed
Revealed: Saudi Oger set to file for bankruptcy
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
Trial for Makkah crane crash to begin next week
The trial against thirteen people involved in the fall of a construction crane at the Makkah?s Grand Mosque in 2015, which left 107 dead, will begin next week
Source: New feed
Emaar unveils new residences near Dubai Opera
The 52- and 46-storey towers, located near Dubai Opera in Downtown Dubai, will be launched for sale in London on 10 August and Dubai on 11 August
Source: New feed
Dubai Industrial Park opens 70 warehouses to lease
Ranging in size from 464 to 929 sqm, the warehouses are designed for cold, chemical and general storage, as well as for light industrial use
Source: New feed
IMAX Private Theatre launches in the Middle East
IMAX unveils in-home theatre systems in Middle East, with its regional office established in Dubai
Source: New feed
TDIC Mamsha Al Saadiyat construction work on track
The project was awarded in April 2016 to a joint venture between San Jose Contracting and Pivot Engineering & General Contracting
Source: New feed
US tech giant Emerson to sell $4bn business unit
Investment firm Platinum Equity and a group of co-investors will purchase Emerson’s Network Power business unit, a company statement confirmed
Source: New feed
EFS secures $54m worth of deals so far in 2016
UAE-based EFS said that as a result of these contract wins, it now has a record-high order book backlog of $871m
Source: New feed