NEW YORK June 24, 2016 At a seasonally adjusted annual rate of $636.7 billion, new construction starts in May increased 5% from April, according to Dodge Data & Analytics
Source: New feed
OSHAD launches annual Safety in Heat programme
The Safety in Heat programme was launched ahead of this year’s law prohibiting work in direct sunlight and under high temperatures in open places between 12:30pm and 3:00pm
Source: New feed
Terex units install gantry for Riyadh Metro bridge
BACS consortium enlisted two Terex AC 500-2 all-terrain cranes to facilitate the installation of a launching gantry for one of Riyadh Metro?s light-rail bridges
Source: New feed
Brexit to impact UK investments in UAE real estate
Despite the pound’s sharp decline following the UK’s exit, industry experts expect the impact to be short-lived and unlikely to affect prices
Source: New feed
Faisal Jassim to move production of air terminals
Flowtech Air Distribution will switch from Dubai Investment Park to Dubai Industrial City
Source: New feed
Ashghal notifies roadwork closure and diversion
The closure will be implemented to accommodate the construction of two bridges, along with other vehicle and cycle underpasses on Ashghal?s Al Wakrah Bypass project
Source: New feed
Louis Berger announces appointment of new chairman
Ernest Portfors has been a member of the project management firm’s board since 2008
Source: New feed
Tomini Group launches rental cooling solutions
The Tomini Group has launched Tomini Cooling to provide rental temperature control solutions for commercial operations
Source: New feed
Oman: PDO gets $4bn for new oil and gas facilities
Petroleum Development Oman (PDO) has received a $4bn loan to develop more oil and gas facilities in the country, and plans to invest another $20bn in the next five years
Source: New feed
Abu Dhabi Ports, Agthia sign 25-year lease deal
The contract between the two parties incorporates a 25-year agreement for a 85,700m2 plot of land
Source: New feed