Sunday 13 July 2014
 
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Construction

RTA completes $109m internal road works

The Dubai Roads and Transport Authority (RTA) said it has completed the construction of internal roads stretching 193 km in nine residential communities built at a cost of Dh400 million ($109 million). The areas of work include Ha

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$46bn projects to boost UAE construction sector

The UAE construction sector’s pace is set to rapidly accelerate in 2014, with the government announcing development projects worth $46 billion and stepping up spending on social infrastructure development, said a report. The

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Qatar sees construction sector spearhead growth

Qatar's economic growth rebounded to 6.2 per cent on an annual basis in January-March after a slowdown in the final quarter of 2013 as a double-digit surge in construction activity helped offset a decline in hydrocarbons, data showed on Mond

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Qatar GDP growth rebounds to 6.2pc in Q1

Qatar's economic growth rebounded to 6.2 per cent on an annual basis in January-March after a slowdown in the final quarter of 2013 as a double-digit surge in construction activity helped offset a decline in hydrocarbons, data showed on Mond

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Dubai plunges on Arabtec, property-related shares

Dubai construction firm Arabtec tumbled its daily 10 per cent limit for a third session in a row on Tuesday, fuelling a broad and aggressive sell-off on the emirate's stock market. Dubai's benchmark plunged 6.2 per cent, h

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Experts discuss concrete industry issues in Beirut

Key issues affecting the concrete and construction industry were tackled at a leading conference hosted by Beirut last week.   The Future Concrete conference was organised by Advanced Construction and Technology

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Bids sought for 2nd phase of Bahrain town

Prequalification bids have been invited by Bahrain’s Ministry of Housing from contractors and design and supervision consultants for further work on the second phase development of the new Northern Town (Al Madina Al Shamaliya).

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Arabtec vows to protect shareholders

Major Dubai construction firm Arabtec on Thursday said its board had accepted the resignation of chief executive Hasan Ismaik and would protect the rights of all shareholders. The brief statement to the Dubai bourse did not commen

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Construction sector challenges in focus at Lebanon event

The latest developments and technological advancements in the construction industry are to be highlighted in a future concrete conference in Lebanon this week to address the challenges in the changing landscape of the industry. &n

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Abu Dhabi's Al Jaber Group signs debt restructuring

Abu Dhabi-based conglomerate Al Jaber Group has signed a debt restructuring deal with its bank creditors, the conglomerate said on Monday, addressing one of the UAE's last big debt hangovers from the global financial crisis. A

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