Sunday 24 July 2016
 
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contracts

Modon signs over 6,000 deals worth $160bn

The Saudi Industrial Property Authority (Modon) has signed more than 6,000 industrial, logistic and services contracts for investments worth more than SR600 billion ($160 billion), said a report. The deals are expected to provide

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Kuwait set to award $27bn contracts this year

Kuwait’s projects market continued to expand in the second quarter of this year in spite of the low oil prices and the state is expected to award another KD8.4 billion ($27 billion) worth of contracts before year-end, a report says.

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Dubai South awards $272m residential project contracts

Dubai South (the rebranded Dubai World Central) has awarded contracts worth Dh1 billion ($272 million) for a number of project developments in the city’s Residential District, adjoining the Expo 2020 Dubai site. The infrastr

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Mubadala company wins $1bn Airbus contracts

Strata Manufacturing, a unit of Abu Dhabi investment firm Mubadala, said it has won two contracts with European planemaker Airbus with a combined value of over $1 billion to manufacture additional composite components and complete major assembli

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Mubadala company wins $1bn Airbus contracts

Strata Manufacturing, a unit of Abu Dhabi investment firm Mubadala, said it has won two contracts with European planemaker Airbus with a combined value of over $1 billion to manufacture additional composite components and complete major assembli

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Damac awards $817m contracts in H1

Damac Properties, a leading luxury real estate developer in the UAE, said it had awarded 25 construction and consultancy contracts worth Dh3 billion ($817 million) in the first half of 2016. The contract awarded include the main p

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Abu Dhabi to award Guggenheim Museum contracts

The Abu Dhabi government is set to award contracts for the construction of the UAE branch of the iconic Guggenheim Museum by the year-end or early 2017, said a senior official. The Guggenheim will be located in the emirate’s

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$45bn contracts awarded in GCC from Jan to April

Over $45 billion worth of contracts were awarded to contractors during the January - April 2016 period in the GCC, according to construction projects tracking service Ventures Onsite. “This is a 27 per cent decrease from the $62 b

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Saudi construction contract value plunges 51pc in Q1

The total value of construction contracts awarded in Saudi Arabia hit SR27.9 billion ($7.4 billion) during the first quarter, down 51 per cent over SR57.3 billion ($15.2 billion) for the same period last year, said a report by the country's

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Orascom wins $308m Cairo metro line contracts

Egypt's Orascom Construction has won two contracts worth €270 million ($307.75 million) for work on the third phase of Cairo's third metro rail line, it said on Monday. Orascom will complete the civil package in a con

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