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Daewoo E&C seals $200m Emirates NBD funding dealDaewoo Engineering & Construction Company (Daewoo E&C), one of Korea’s leading construction companies with a growing presence in Middle East and Africa, said it has successfully completed a $200-million dual tranche (conventional and Islamic) syndicated term facility. More… |
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Linesight collaborates on new five-star resort in DubaiLeading international construction consultancy Linesight recently celebrated the opening of Marriott's W Dubai – The Palm, for which it provided a range of consultancy services. Linesight - which came on board at the concept stage of the hospitality project in 2012 &nda More… |
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Kuwait's mega tennis complex on track for 2019 openingGlobal architecture group CallisonRTKL said steady progress was being made on the 263,430-sq-m Sheikh Jaber Al Abdullah Al Jaber Al Sabah International Tennis Complex, which is expected to elevate Kuwait to be among the Middle East’s preferred destinations for the international profession More… |
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L&T Hydrocarbon Engineering wins major Algeria contractIndian multinational L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has won a mega order from Sonatrach-Algeria. The engineering, procurement, construction and commissioning (EPCC) contract is to set up three ce More… |
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Investcorp acquires multifamily US properties for $330mBahrain-based Investcorp, a leading global provider and manager of alternative investment products, has announced that its US-based real estate investment team had acquired eight new multifamily properties across the country for a total purchase price of $330 million. The p More… |
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Imkan to turn Abu Dhabi park into an open-air green spaceUAE-based property developer Imkan said it has joined hands with Abu Dhabi Municipality to transform the formerly walled Khalidiya Ladies park into an open-air, accessible, multi-dimensional green space. Construction at the park, with an area of 46,000 sq m is well under way with More… |
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Bin Faqeeh signs up for Gulf Property Show 2019Bin Faqeeh Real Estate, a leading private investment company based in Bahrain, has signed up as a strategic partner for the upcoming Gulf Property Show 2019, the dedicated boutique showcase for real estate development in the Northern Gulf. Gulf Property Show 2019, the Northern Gulf&rsq More… |
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Emaar unveils key phase of Dubai Expo 2020 villasLeading UAE developer Emaar has announced the launch of the Phase Three of Expo Golf Villas, a limited collection of three and four-bedroom premium villas located right next to an 18-hole championship golf course near Expo 2020 site in Dubai. The Emaar move comes following the se More… |
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Majid Al Futtaim set to to launch AI-powered platformMajid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced that the AI-powered Omega platform will be rolled out in the region for the first time in English and Arabic through Majid Al Futtaim’s Carrefour and V More… |
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Etihad Rail invites bids for design-and-build servicesEtihad Rail, the developer the developer and operator of the UAE's integrated railway network, has invited prequalification bids from leading contractors to provide design-and-build services for freight facilities across its entire network. Upon completion, the rail network, More… |
