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Qatar announces massive bridges projectQatar announced one of the county's largest infrastructure projects on Monday, comprising three bridges interconnected by subsea tunnels, to be completed before the soccer World Cup finals in 2022. The Sharq crossing project will include three bridges spanning between 600 met More… |
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$49m home loans approved in BahrainBahrain's government has allocated BD19 million ($49.3 million) in housing loans to citizens on the waiting list. The package, which marks National day and His Majesty’s 14th Accession Day, will benefit 628 eligible applicants, Housing Minister Bassem Al Hamer said in a More… |
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BlomInvest sees Makkah project on trackBlomInvest Saudi Arabia said construction work at its “Manazel Makkah Real Estate Fund” project was in full swing and the finishing works would be completed in October next year. 'Manazel Makkah' project, located in Bat-haa Quraish neighborhood of Makka More… |
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Dubai show to unveil top Indian projectsMajor projects from India and diverse offering from the country’s finest developers will be featured at a major exhibition in Dubai beginning from December 19. The three-day Indian Property Show, in its 13th edition, will be held at the Dubai World Trade Centre, said the or More… |
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Imdaad renews FM contract with sports complexImdaad, a leading provider of facilities management solutions, has announced the renewal of its FM services contract with the Hamdan Bin Mohammed Bin Rashid Sports Complex, the largest aquatic sports centre in the world. Under the terms of renewed two-year maintenance contract, I More… |
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Hyundai Heavy wins $1.4bn Kuwait contractHyundai Heavy Industries Company said on Sunday it had won a $1.4 billion contract to build the first phase of the Az-Zour North Independent Water and Power Project (IWPP) in Kuwait from GDF Suez (GSZ.PA) -led consortium. The South Korean shipbuilder and builder, as part of EPC c More… |
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Qatar awards major petchem complex contractQatar Petroleum and Qatar Petrochemical Company (Qapco) have jointly awarded a front-end engineering and design (FEED) contract to Tecnimont, a leading engineering and construction company, for its upcoming Al Sejeel Petrochemical Complex. Qatar Petroleum owns a 80 per cent stake More… |
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Dubai real estate ‘top benefactor of Expo 2020’Dubai’s successful bid to host the Expo 2020 will lead to exponential growth across a wide array of business sectors, with the UAE real estate sector being the major benefactor, said an industry expert. The Expo bid win would accelerate development of iconic projects and le More… |
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Damac plans serviced apartments at DWCDamac Properties, one of the Middle East’s largest real estate developers, is introducing the first luxury serviced hotel apartments in Dubai World Central (DWC) to be completed in advance of Dubai hosting the Expo 2020 exhibition. Launched for sales today (December 15) wit More… |
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Emaar bondholders seek equity conversionHolders of Dubai-based developer Emaar Properties' convertible bonds have asked the company to convert them into shares, Emaar said in a bourse statement on Sunday. Emaar said its board would discuss the matter at a meeting on December 17. The Dubai developer h More… |
