Thursday 22 February 2018
 
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UK construction group Carillion collapses as key talks fail

The construction firm Carillion, which has key operations in the Middle East region, has gone into compulsory liquidation, putting tens of thousands of jobs at risk, said a report. A British company, Carillion is involved in a host of m

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BAM named main contractor for Yas Bay Arena project

UAE-based Miral, which oversees the development of Yas Island in Abu Dhabi, has appointed BAM International, one of Europe's largest contracting firms, to build an arena, plaza and the nearby retail and F&B (food and beverage) outlets pl

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Itinera Ghantoot seals $1.2bn Reem Mall contract

The Reem Mall consortium has signed up Itinera Ghantoot as lead contractor for its $1.2-billion shopping, leisure and entertainment project coming up in capital Abu Dhabi. Itinera Ghantoot is a joint venture between top Italian co

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Itinera Ghantoot seals $1.2bn Reem Mall contract

The Reem Mall consortium has signed up Itinera Ghantoot as lead contractor for its $1.2-billion shopping, leisure and entertainment project coming up in capital Abu Dhabi. Itinera Ghantoot is a joint venture between top Italian co

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Top contractor Arabtec swings to Q3 net profit

Arabtec Holding, a leading UAE-based contractor for social and economic infrastructure, has registered a net profit of Dh18 million ($4.9 million) for the third quarter compared to a net loss of Dh226 million ($61.5 million) for the same period

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Drake & Scull to elect new board

Drake & Scull International, a regional market leader in engineering and related services, has announced that it will elect a new set of board of directors during its general assembly scheduled later this year.  

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Arabtec reports turnaround with $15.5m profit

Dubai-based Arabtec Holding, a leading construction contractor, reported a major turnaround announcing a net profit attributable to owners of Dh57 million ($15.52 million) in the first half of this year, compared to a net loss of Dh233 million

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Al Shafar General Contracting names first CIO

In recognition of the increasingly important role of technology in developing smarter and more integrated building projects, UAE-based Al Shafar General Contracting (ASGC) has appointed its first chief information officer (CIO), Herbert Fuchs, t

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Drake and Scull set to sign three new projects

Dubai-based building contractor Drake & Scull International is close to signing three new projects including a wastewater treatment plant, said a Reuters report citing the company's chief executive.  

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RFC deploys Chicago Pneumatic tools in Qatar projects

Rock Fall Contracting (RFC), a major civil engineering and earthmoving specialist contractor based in Doha, Qatar, has boosted its fleet of Chicago Pneumatic rig-mounted hydraulic breakers with the addition of new RX8 and RX54 units.

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