Wednesday 29 June 2016
 
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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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KAEC awards key infrastructure contracts

Saudi-based Rezaik Abdallah Al Gedrawi Company has been awarded infrastructure contracts worth SR315 million ($84 million) for two major residential projects coming up at the King Abdullah Economic City (KAEC). Located on the west

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Thai group awards UAE hotel project contracts

Thailand-based Minor Hotel Group (MHG) has awarded contracts for the development of two new hotel projects - Anantara Jebel Dhanna and Avani Jebel Dhanna - in Abu Dhabi, UAE. Aecom, a global provider of professional technical and

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Marsol International wins two contracts in Oman

UAE-based Marsol International, a global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has won two contracts in Oman. The first contract involves a Single Point Mooring (SPM) cha

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UAE signs contracts worth $106.4m at ISNR 2016

UAE’s Ministry of Interior (MoI) and the Abu Dhabi Police General Headquarters have signed Dh391.1 million ($106.4 million) worth of contracts during the ongoing International Conference for Security and National Resilience (ISNR) Abu Dhab

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RTA awards $166m Dubai road contract

Dubai's Road and Transport Authority (RTA) has awarded a Dh611 million ($166 million) contract for the development of the Sheikh Rashid Road - Sheikh Khalifa bin Zayed Road Interchange Project in the emirate. The interchange,

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