Kingdom Holding Company, the investment company chaired by Saudi Prince Alwaleed, has awarded a piling contract worth SR153 million ($40.7 million) for its mammoth Jeddah project to leading construction group Saudi Bauer.
Work on the Louvre Abu Dhabi on Saadiyat Island is moving on a fast track with the museum project now entering the piling works phase.
The piling contract was awarded through a competitive tendering process to German construction company B
Major piling contractors in Saudi Arabia will discuss some of their more innovative works at the Piling & Deep Foundations Saudi Arabia summit in November.
The summit, a part of IQPC's Piling & Deep Foundations series of even
Damac Properties has awarded the piling contract for its Burjside Boulevard development in the Burj Dubai district to Stromek Emirates Foundations, a subsidiary of M’Sharie (the private equity arm of Dubai Investments).
One of the leading
Sweet Homes, a leading UAE-based developer and total solutions provider to the real estate sector, has announced the start of the preliminary phase of its construction of Dh1.7 billion ($463 million) Rainbow Towers project in Emirates City.
Piling work on the first three towers of the City of Arabia project in Dubailand has started. Bauer Spezialtiefbau is the contractor for this development phase.
The project is being developed by Ilyas and Mustafa Galadari Group, one of the
United Arab Emirates-based Arkan Building Materials Co said it would invest in a Dh100 million ($27.23 million) piling venture with Kyung In Co of South Korea.
Arkan will invest 65 percent of the company's capital and Kyung the rest, Arkan
Stromek Emirates Foundation has been awarded a contract for a residential and commercial tower being built by Dubai International Real Estate.
Stromek, in collaboration with main contractor Al-Habbai Contracting Co, has been commissioned