Friday 22 May 2015

Firms sign building system testing lab accord in Bahrain

Bahrain-based United Enterprises Group and Facade Design and Services, in collaboration with Istishara Consultants, have signed an agreement to provide and operate Bahrain's first and only building system testing laboratory and on-site testing facility centre for building materials - UFDS.


Dilmunia island plot sold for $23.6m

Ithmaar Development Company announced today the sale of a strategic plot on the Dilmunia island in Bahrain to Kuwaiti developer and hospitality investor Kuwait Resort Company, an affiliate of Al Tijaria, the Commercial Real Estate Company. The deal has a sale value of BD8.84 mill


Egypt ‘needs cheaper land to tackle housing crunch’

Sodic, one of Egypt's largest listed real estate developers, says the state must find new ways to allocate land at lower prices if it wants the private sector to help meet the massive demand for housing. Government property schemes over the years have failed to alleviate pres


Tech Group wins $23m contracts for Ajman project

Tech Group, the largest construction group in Ajman, says it has secured contracts worth a total of Dh87 million ($23.7 million) to provide various construction solutions for the Ajman Corniche Residence (ACR), a mixed-use property development being built in the UAE emirate. The


Dubai Parks and Resorts ride works on track

More than 40 per cent of the ride engineering and manufacturing works have been completed and ride components are beginning to arrive at Dubai Parks and Resorts, which is set to be the region’s largest multi-themed leisure and entertainment destination. In addition, the ind


Massive Oman convention centre to open in 2016

Oman Convention & Exhibition Centre (OCEC), the sultanate’s landmark business events hub, has revealed its latest 3D structures and aerial drone images in the lead up to its opening in 2016. The images were revealed at a press conference held in Imex Frankfurt 2015, the


Adco signs $334 EPC deal for Mender oilfield

The Abu Dhabi Company for Onshore Petroleum Operations (Adco) has signed an engineering, procurement and construction (EPC) contract valued $334 million for the development of the Mender field with China Petroleum Engineering and Construction Corporation (CPECC). The contract cov


Four new solar power pilot projects planned in Oman

Oman’s Rural Areas Electricity Company (Raeco) is planning to set up four solar power projects as pilot ventures, according to a report. It is aimed at efficiently utilising renewable energy, which will reduce use of fossil fuel, the Times of Oman report said.


Qatar charity to build two centres for Syrian refugees

Qatar-based Sheikh Thani Bin Abdullah Foundation for Humanitarian Services (RAF) will launch an $11-million project to build two villages in northern Syria for displaced Syrians, a report said. Al Noor and Al Iman villages, built with make-shift shelters, will be ready by Ramadan


RP Group firm wins $620m contracts in UAE

Gulf Asia Contracting, part of the multi-billion dollar RP Group, has been awarded over Dh2.28 billion ($620.5 million) in civil and industrial construction contracts in the UAE. “Gulf Asia Contracting has already built several high-profile residential and commercial buildi

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