Thursday 23 May 2013
 
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Construction

Dar Al Arkan raises $450m from sukuk sale

Saudi Arabia's Dar Al Arkan Real Estate Development Company has announced the launch of a SR2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a twelve month period. The order book for the fi

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Dar Al Arkan raises $450m from sukuk sale

Saudi Arabia's Dar Al Arkan Real Estate Development Company has announced the launch of a SR2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a twelve month period. The order book for the fi

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Strike won't affect projects says Arabtec

  Arabtec, Dubai's largest construction firm, said on Tuesday the delivery of projects was unaffected by what it called a partial labour stoppage, adding it was working with authorities in the UAE to resolve the issue.

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Alessa unveils Qatar expansion plans

Alessa Industries Group, a leading integrated industrial conglomerate in Saudi Arabia, has announced plans to enter the Qatari market to leverage the huge potential offered by diverse sectors of the economy. The group has already

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Arabtec workers stage rare strike

  Thousands of workers employed by Dubai's largest construction firm, Arabtec, stayed away from work on Sunday to back wage demands, a rare labour protest in the emirate, where trade unions are

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DWC to build new agent warehouses

Dubai World Central (DWC), the world’s first purpose-built aerotropolis, has announced new developments at its Logistics District, including the start of construction on the fourth complex of agent warehouses. Covering a tot

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Challenges of delivering mega projects

With 2013 forecasted to be a year of optimism and opportunity for construction in the Middle East, all eyes are back on governments in the region and how they propose to manage their spending, according to a report. In a region where th

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Deals bonanza for gulfBID exhibitors

The exhibitors at ongoing gulfBID expo saw business booming on the first day of the event with more deals being finalised yesterday. Sanitary ware specialist Suha Galleria, taking part in the show for the second time, had complete

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Big 3 trade shows open in Bahrain today

Three of the top industry-shaping expos - gulfBID, gulfInteriors and the first-ever Gulf Property Show - being organised by Hilal Conferences & Exhibitions, opened today (May 7) at Bahrain International Exhibit

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GulfInteriors a boutique showcase

GulfInteriors, the annual exhibition for interiors, design and furniture, will open its doors today at the Bahrain International Exhibition and Convention Centre for what promises to be yet another boutique showcase for both trade visitors and m

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