Wednesday 26 February 2020

McDermott breaks ground on Saudi Aramco fabrication facility

McDermott, a leading provider of integrated EPCI (engineering, procurement, construction and installation) services for upstream field developments, said it has broken ground on Saudi Aramco's new fabrication facility coming up within the King Salman International Complex for Maritime Indus


Global construction, real estate deals hit $57bn in Q4

The total value of deals in the construction and real estate sector globally for the fourth quarter of 2019 hit $56.78 billion, up 29 per cent when compared to the last four-quarter average of $44.38 billion, according to GlobalData’s deals database. The value marked a decr


UTEC completes major survey subcontract for McDermott

UTEC, a leading independent offshore and onshore survey provider, said it has completed a major survey subcontract for McDermott International, a leading provider of integrated EPCI (engineering, procurement, construction and installation)services for upstream field developments.


Haji Hassan renews strategic Construction Expo partnership

Haji Hassan Group, a leading construction company in Bahrain, has renewed its strategic sponsorship for the Gulf Construction Expo, the largest showcase for the building and construction sector in the Northern Gulf being organised by Hilal Conferences and Exhibitions (HCE). The G


Oman's Muriya starts construction of new 5-star hotel

Muriya, Oman’s largest private integrated tourism developer, has commenced construction of a new 400-key branded five-star hotel in Hawana Salalah, its flagship destination in the Governorate of Dhofar. With the completion of this milestone and the first phase of the hotel


Dubai developer records big carbon emissions savings

Diamond Developers, a leading sustainable real estate developer in the UAE, has announced that its residential building (Green Diamond) in Arjaan area has saved 128 tonnes of carbon emissions from the use of clean energy alone. The company move comes in alignment with national vi


Nakheel's new IT business application gets top award

Master developer Nakheel said it has received an Excellence in GIS Implementation accolade at the 2020 EGI Awards for a new enterprise software application that simplifies the customer experience, enhances efficiency and helps the environment. The EGI (Excellence in GIS Implement


Bahrain opens 54 bids for eight tenders

Bahrain's Tender Board, the independent regulator of the kingdom's procurement activities, has  opened a total of 54 bids related to eight tenders for six purchasing authorities. Three tenders were opened for Bahrain Tourism & Exhibition Authority (BTEA).


Azizi completes 284-unit residential project in Dubai

Azizi Developments, a leading private developer in the UAE, said work has been completed on its 284-unit residential project Farishta, located within Al Furjan community in Dubai. Faristha, which comprises a mix of 137 studios, 124 one- and 15 two-bedroom apartments and eight spa


Bahrain starts distribution of Khalifa Town residential units

Bahrain's housing ministry has started the handover of residential units under the Al Nuaimat Neighbourhood (Riyadh Askar) project located at Khalifa Town in the Southern Governorate of the kingdom, said a report. The move follows the order of HRH Prince Salman bin Hamad Al K

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