Monday 20 November 2017
 
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580 hotel projects under contract in Middle East

As many as 580 hotel projects with 166,774 rooms are under contract in the Middle East and 55,094 rooms in 299 projects are under contract in Africa, according to STR’s October 2017 Pipeline Report. Under contract data includes projects in the in-construction, final planning and

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Carillion JV wins $315m Oman hospital project

Carillion, a leading British facilities management and construction services company, said its joint venture firm in Oman has been awarded a £240-million ($315 million) contract to design and build the new Sultan Qaboos Hospital in Salalah. The contract, which has been awar

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Arabian Courtyard Hotel revamp work completed

Arabian Courtyard Hotel & Spa, one of the heritage recognised hotel brands located in the Bur Dubai area of the emirate, said it has completed the Dh5-million ($1.36 million) renovation project. The work covered the refurbishment of the 150 guestrooms with traditional interio

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Al Nooh wins Gulf Construction Expo award for third year

Bahrain-based Al Nooh Wood Design has won the Gulf Construction Expo Best Stand Award for the third consecutive year. The Northern Gulf’s showcase for the building and construction sector, Gulf Construction Expo (formerly gulfBid), will run from April 24 to 26 next year in

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$5.7bn Meydan community project on track for 2022 launch

Work is progressing at a steady pace on the Dh21-billion ($5.7 billion) Royal Pearls luxury project being developed by Oriental Pearls Real Estate Developers at Meydan community in Dubai, UAE. With nearly 10 per cent of Phase One already completed, the project is well on its way

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BP wins Bentley’s top honours for Oman gas project

BP Oman, joint venture between energy giant BP and Oman Oil Company Exploration and Production, has won the BIM Advancements in Asset Performance of Utilities and Industrial Facilities category in the Be Inspired Awards programme constituted by Bentley Systems, a global provider of software sol

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Renaissance sets up residential complex for workers

Renaissance Services, a leading international facilities management and service solutions company, has announced the opening of its new turnkey project - Renaissance Village Duqm - a 16,960-bed facility that will accommodate the workforces of contracting firms in the Duqm Special Economic Zone

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Sodic 9-month net profit up 98pc to $28m

Egypt-based Sodic (Sixth of October Development & Investment Company) has posted a net profit of EGP507 million ($28.7 million) up 98 per cent year-on-year (YoY) for the first nine months of the year. Net profit margin came in at 29 per cent compared to 22 per cent for the co

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IHG breaks ground on first sustainable hotel in UAE

InterContinental Hotels Group, one of the world’s leading hotel companies has joined hands with UAE-based Diamond Developers to break ground on the first sustainable hotel in the UAE - Hotel Indigo Dubai Sustainable City. Located in Dubai’s first sustainable integrate

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$32bn mega development projects under way in Bahrain

Large-scale development projects across a wide range of sectors valued at $32 billion are in the pipeline, reported the Gulf Daily News, our sister publication, citing a senior minister. These include construction of a second causeway comprising a new road and rail link

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