Drake & Scull International (DSI) has undertaken a capital restructuring exercise in order to take the business forward, focusing more on MEP projects rather than general contracting, its CEO said
Source: New feed
Abu Dhabi insulation material price rises 3% in May
The figure was announced as part of Statistics Centre Abu Dhabi’s monthly analysis of building material prices, which found YoY and MoM declines of 16 items in May
Source: New feed
Dubai officials mull power rating system for existing buildings
The Dubai Supreme Council of Energy has reviewed a power rating system that would assess the emirate?s existing buildings based on water and electricity consumption
Source: New feed
Omani contractor to build Muriya homes in 16 months
The contractor appointed to build the Golf Lake homes for Muriya, a JV between Orascom and Omran, has committed to completing the project by its Q4 2018 deadline
Source: New feed
Farnek continues cleaning accreditation with BICSc
The professional cleaning accreditation supports staff retention and improvement programmes, Farnek’s CEO said
Source: New feed
Line 6 construction site-works ongoing at Aluminium Bahrain
International aluminium smelter Aluminium Bahrain (Alba) has announced the start of its construction site-works on its landmark Line 6 expansion project
Source: New feed
Abu Dhabi's $184m airport interchange 68% complete
Musanada is working on the development, which will connect the new terminal of Abu Dhabi International Airport to the Abu Dhabi-Shahama (E10) highway
Source: New feed
Saudi Oger reportedly 'finished' amid cash crunch
A former employee is said to have revealed that the contractor’s "last day of existence" will be 30 June
Source: New feed
Binaa Dubai buys 90% stake in UAE-headquartered ALEC
Binaa Dubai has purchased a 90% stake in ALEC, according to the firm that acted as the sole financial advisor to the contractor during the transaction
Source: New feed
Bechtel appoints new country manager in Saudi Arabia
Engineering, procurement, and construction firm Bechtel today announced the appointment of Abdulrahman Al-Ghabban as country manager in Saudi Arabia
Source: New feed