Sunday 19 May 2013
 
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GCC projects to hit $1.35 trillion by 2013-end

The GCC projects industry is expected to have another stellar year in 2013 as the value of contracts to be awarded is poised to reach $1.35 trillion by year-end, significantly higher than the $730 billion total last year, said an expert ahead of

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Marina Reef 0n track for 2013 completion

  Marina Reef, a gated community comprising three low-rise buildings of six storeys each with 165 freehold apartment units being developed by Ebrahim Abdulaal Group (EAG) in Bahrain, is on target fo

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Hilton in Saudi dual-property launch

  Hilton Worldwide has signed an agreement with Mawten Hospitality to introduce the company’s first dual-branded property to Riyadh, Saudi Arabia’s rapidly growing capital city.

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Emaar awards major Saudi project contract

Emaar Middle East, a subsidiary of global property developer Emaar Properties has awarded the construction contract for its newest project, the Abraj Al Hilal 2 residential complex in Jeddah Gate, to Azmeel Contracting & Construction Corpora

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Swiss-Belhotel signs flagship Bahrain property

Swiss-Belhotel International, one of Asia’s leading mid-scale hotel operators, said it has signed a management agreement with Miami Property Company to operate its flagship Bahrain property at the ongoing Arabian Travel Market (ATM) 2013 e

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Turkey firms win $29bn Istanbul airport bid

A consortium of Turkish construction firms made the winning 22 billion euro ($29 billion) bid yesterday to build and operate a third airport in Istanbul, which Turkey hopes will become one of the world's largest by passenger numbers.

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Turkey firms win $29bn Istanbul airport bid

A consortium of Turkish construction firms made the winning 22 billion euro ($29 billion) bid yesterday to build and operate a third airport in Istanbul, which Turkey hopes will become one of the world's largest by passenger numbers.

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Bahrain road revamp project on track

  The revamping of roads in Block 907, as part of an integrated maintenance project targeting East Riffa roads, is progressing well with 40 per cent work completed in the first phase, said a statement from The Bahrain Ministry of

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UAE to develop first satellite project

Emirates Institution for Advanced Science and Technology (EIAST) has announced the launch of its new strategic project DubaiSat-3, the first satellite to be developed in the UAE. A core team of 45 UAE experts and engineers will le

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Masdar opens new solar plant in Mauritania

Abu Dhabi-based green energy firm Masdar has announced the opening of a 15-megawatt solar power project in Mauritanian capital Nouakchott that aims to deliver about 10 per cent of the country's power capacity. Sheikh Zayed Sol

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