Monday 25 July 2016
 
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Construction

Drake & Scull inks Eni Iraq project contract

Drake & Scull International, a regional market leader in the general contracting and mechanical, electrical and plumbing (MEP) sector, said it has won a Dh226 million ($62 million) engineering, procurement and construction (EPC) contract fro

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Drake & Scull inks Eni Iraq project contract

Drake & Scull International, a regional market leader in the general contracting and mechanical, electrical and plumbing (MEP) sector, said it has won a Dh226 million ($62 million) engineering, procurement and construction (EPC) contract fro

More…

550 new hotels 'under contract' in Middle East

A total of 154,576 rooms in 550 hotels were registered under contract in the Middle East in June, a 23.5 per cent increase compared with the same period in 2015, said a report. According to the STR June 2016 Pipeline Report, the Middle

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550 new hotels 'under contract' in Middle East

A total of 154,576 rooms in 550 hotels were registered under contract in the Middle East in June, a 23.5 per cent increase compared with the same period in 2015, said a report. According to the STR June 2016 Pipeline Report, the Middle

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Emaar's Dubai Opera on track for August launch

Construction work on Dubai Opera, the city’s first purpose-built multi-format performing arts theatre, is set to be completed in August, developer Emaar properties said in a construction update. According to an update on its

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UAE group Al Jaber to raise $1.6bn from asset sale

Al Jaber Group, a family-owned business in Abu Dhabi, UAE, has almost doubled the amount of cash it intends to raise from asset sales including real estate and shares under a new debt repayment plan it offered to creditors, two people with knowl

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UAE group Al Jaber to raise $1.6bn from asset sale

Al Jaber Group, a family-owned business in Abu Dhabi, UAE, has almost doubled the amount of cash it intends to raise from asset sales including real estate and shares under a new debt repayment plan it offered to creditors, two people with knowl

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New judging panel for Taqdeer awards

Dubai's government has set up a judging committee for the inaugural Taqdeer Awards which, this year, will focus on the construction sector. Taqdeer, named after the Arabic word for ‘appreciation’, is the world&rsqu

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Mulk enters world's top 100 greatest brands' list

UAE-based Mulk Holdings, the brand holder of Alubond USA, the world’s largest producer of aluminium composite panels, said it has won the title of “The World’s Greatest Brands and Leaders 2015-16 IUA (India, UAE and Africa)&quo

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Qatar warns of delays in World Cup 2022 project works

A $200-billion infrastructure programme launched by Qatar as part of the World Cup 2022 preparations could see higher costs and delays because of the slump in oil prices, said a report. A study by the Ministry of Development Planning an

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