Eight out of the nine IPOs floated on Tadawul in the first half of 2018 were REITs worth millions of dollars, it can be revealed
Source: New feed
Aecom appoints former Faithful+Gould exec as Middle East director
David Clifton will lead Aecom Middle East’s construction services business
Source: New feed
Dubai's VX wins Al Hamra Rove Manar Mall contract
Dubai-based design house VX has been named lead consultant on construction project for Rove Manar Mall in the UAE
Source: New feed
YoY profits up 97% at Dubai's Arabtec Holding in H1
The contracting giant reported a net profit of $30.7m for the first half of 2018, a near doubling compared to the same period in 2017
Source: New feed
Dubai contractors urge selectivity as margin values drop
Projects and clients must be picked with more judiciousness as developers seek greater investment returns, civil and MEP contractors have told Construction Week
Source: New feed
Aurora hands over Hyati Residence in Dubai's JVC
Located in Dubai’s Jumeirah Village Circle area, Aurora’s Hyati residence is made up of a total of 122 apartments and 20 townhouses
Source: New feed
Dubai Police issues fire safety warning after worker deaths
The warning reportedly follows the deaths of two construction workers in the first half of this year
Source: New feed
Oman's Mazoon awards $3m power contract to ONEIC
Oman National Engineering and Investment Company has picked up another contract to build electricity power lines
Source: New feed
Oman's Hoehler + alSalmy wins Muscat Uni design contract
The Omani architecture and engineering firm beat out numerous others for the consultancy services contract that was put out to tender by Muscat University
Source: New feed
Oman's Al Fajar Al Alamia to supply construction explosives in UAE
The company said it had signed a deal with Fujeirah Holdings to create a civil explosives company trading under the name of Geodynamics Mideast
Source: New feed