Sunday 29 March 2015
 
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Arabtec to start work on Egypt housing project

UAE-based builder Arabtec will start signing up Egyptian companies for its ambitious residential project that will see the development of one million housing units across the country, said a report. The work on the first phase of

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BASF unveils Master Builders Solutions in Kuwait

BASF, a leading supplier of construction chemicals in the GCC, has unveiled its Master Builders Solutions in Kuwait. It also presented its tiling and screeds solutions, along with other technologies such as admixture and construct

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New delays hit $7bn Aramco refinery project

A contract disagreement between Saudi Aramco and South Korea's SK Engineering & Construction is delaying construction of a 400,000-barrel-per-day oil refinery in Jizan in southwest Saudi Arabia, industry sources said. Desp

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Row with Korean builder hits refinery project

A contract disagreement between Saudi Aramco and South Korea's SK Engineering & Construction (SK E&C) is delaying construction of a 400,000-barrel-per-day (bpd) oil refinery in Jizan in southwest Saudi Arabia, industry sources said.

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Saudi builder Al Khodari proposes $133m capital hike

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons has proposed raising its capital by SR500 million ($133 million) through a rights issue and will use the money to expand its business, the builder said on Tuesday. The c

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Saudi builder Al Khodari proposes $133m capital hike

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons has proposed raising its capital by SR500 million ($133 million) through a rights issue and will use the money to expand its business, the builder said on Tuesday. The c

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Saudi builder wins $184m university contracts

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons Company said it has won three contracts from the Ministry of Higher Education worth a total SR689 million ($184 million). Al Khodari will build facilities

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Saudi builder wins $184m university contracts

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons Company said it has won three contracts from the Ministry of Higher Education worth a total SR689 million ($184 million). Al Khodari will build facilities

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Builder's shaky foundations dent UAE's credibility

The shaky foundations of the most prominent builder in the UAE have dented the country's credibility. Shares in Dubai-based Arabtec, which helped erect the world's tallest tower in the emirate, have more than halved since May 15, wiping

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Al Marakeb posts 45pc sales rise

Sharjah-based boat builder Al Marakeb has posted a 45 per cent increase in sales last year against its figures in 2012. The company, which specialises in manufacturing ocean-going vessels, has also reported a 71 per cent increase

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