Saturday 28 March 2015

Saudi Rail signs $16bn deal to enhance operational capacity

Saudi Railways Organisations (SRO) has signed a deal for SR16.02 billion with a branch of China Railway Construction Corporation (CRCC) in Saudi Arabia to renew the second phase of a 91-km main freight route between Dammam and Riyadh, said a report. The 23-month contract is aimed


Cayan, Shuaa Capital to set up real estate development fund

Cayan Group, a Saudi Arabia-based property developer and real estate investment group, has signed a deal with investment firm Shuaa Capital to set up a real estate development fund, according to a report. The fund will be used for the construction of a Dh1 billion ($272.2 million


Nuberg wins $35m Jubail chemical plant deal

Indian group Nuberg Engineering has won a $35 million engineering, procurement and construction (EPC) contract by Addar Chemicals Company, a leading conglomerate in Saudi Arabia, for a chemical plant in Jubail, according to a report. The entire turnkey contract for Addar's Gr


Bahrain garden could be demolished for new public park

A Japanese garden that was built by a Bahrain resident more than 30 years ago could soon be demolished by authorities to make way for a new public park. Briton Steve Vlajic told the GDN he was being forced to remove more than 200 trees and plants in the 300sqm traditional garden


Dewa signs agreements for 200MW solar plant

Dubai Electricity and Water Authority (Dewa) has signed a power purchase agreement (PPA) and a shareholder agreement for the second phase of the Mohammed bin Rashid Al Maktoum Solar Park, said a report. The project, which boasts a 200MW capacity from photovoltaic solar power, is being


Construction biggest consumer of wood in GCC

The construction industry in the GCC region accounts for 70 per cent of wood consumption, while the rest is taken up by furniture factories and carpentries, said a report ahead of an industry event in Dubai, UAE. The Dubai WoodShow 2015, the premier timber trade fair in the regio


Louvre Abu Dhabi dome cladding on track

The work on the cladding of the Louvre Abu Dhabi dome is well under way, said Abu Dhabi's Tourism Development and Investment Company (TDIC), the master developer of Saadiyat’s Cultural District. Louvre Abu Dhabi, an innovative and ambitious project, is intended to be a place


Amer starts work on 440-room Jordan resort

Egyptian real estate company Amer Group said on Thursday it had begun the construction of a JD150 million ($211 million) resort on Jordan's Dead Sea coast, due to be completed within six months. The 440-room resort is part of the first phase of the $1-billion Porto Dead Sea p


SNC-Lavlin inks Qatar project contract

SNC-Lavalin, a global engineering specialist solutions provider, has signed up Saft, a manufacturer of high-tech industrial batteries, to supply its batteries for solar powered systems serving Qatar Petroleum’s Dukhan oilfield. The $10-million contract had been


Conject in Dubai hotel fit-out success

Conject, a key supplier of SaaS solutions for BIM and the whole life management of built assets said it has deployed conjectMI, a fully mobile inspections and defects solution for a refurbishment project at the Novotel Hotel, a part of the Dubai World Trade Centre complex in the UAE.

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