Building information modelling represents the future of the construction industry, according to a survey conducted by the Construction Intelligence Center (CIC)
Source: New feed
UAE's Al Jaber to raise $1.6bn from asset sale
Al Jaber will now need to get an additional $1.06bn (AED3.9bn) after already raising $353m (AED1.3bn) from previous sales
Source: New feed
Qatar 2022: Final arch placed at Khalifa Stadium
Khalifa International Stadium arch is now complete with last 22-m segment at a height of 120-m, with a 600 metric ton ?mega crane?
Source: New feed
Aconex signs software supply deal with ExxonMobil
ExxonMobil companies and affiliates will be able to use Aconex project-wide collaboration tools for engineering and construction projects
Source: New feed
Construction under way on $30m school in Ajman
The school, which is earmarked to be the largest in the emirate, will be built over an area spanning 500,000 ft2 with 200,000 ft2 of open space
Source: New feed
Farnek wins MEP deal for IMG Worlds of Adventure
The contract, which will start immediately, entails MEP maintenance of the full of IMG Worlds of Adventure
Source: New feed
Qatar's Barwa reports $151m net profit for Q2 2016
The Qatar-based developer reported a near-trebling net profit for the three months to June 30
Source: New feed
Balfour Beatty sells investment unit for $64.4m
Balfour Beatty, which operates in Middle East through Dutco Balfour Beatty, has sold its investment business to Wafra Investment Advisory Group
Source: New feed
Ruler of Dubai inaugurates Saruq Al Hadid museum
Vice President and Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum inaugurated the Saruq Al Hadid Museum in a historic building in the Shindagha Heritage District of Dubai
Source: New feed
Siemens appoints new CFO for Middle East region
Alia Al Rifai will take over from Stefan Halberstadt who will join the Power and Gas Division?s Energy Solutions business unit as CFO
Source: New feed