UAE-based Azizi Developments has announced that it has awarded a structural steel construction contract worth AED1.1 billion ($299 million) to the globally-renowned Eversendai Corporation Berhad based in Malaysia for its mixed-use skyscraper Burj Azizi project.
UAE developer Mered has announced that deep foundation works was currently under way at its waterfront residential tower - Riviera Residences - in Al Reem Island, Abu Dhabi. With work in full swing, the premium project, featuring over 400 apartments and 11 exclusive villas, is on track for timely completion.
UAE-based Azizi Developments has announced that 98% work has been completed on its prime residential project - Azizi Central - located within the Al Furjan community in Dubai. Set for handover soon, the project features a mix of one- to three-bedroom apartments along with premium amenities.
VITO Energy Engineering and Construction Co has recently commenced the execution of a multi-disciplinary construction scope within the North Field expansion project in Qatar.
Saudi Arabia's AI-powered predictive maintenance for construction equipment market, which is valued at $1.2 billion, is expected grow substantially, driven by ongoing technological advancements and increasing infrastructure investments, says a report.
Khansaheb Civil Engineering, a leading regional construction and engineering powerhouse based in UAE, has announced that it has achieved a major construction milestone by clocking 1 million manhours without a Lost Time Injury at the Dubai Harbour Residences project.
ALEC Holdings, a leading diversified engineering and construction group, mobilised its 1,400+ personnel along with its subcontractors for a major donation drive. The company also distributed 28,500 hygiene care packages to construction workers across its UAE project sites.
UAE-based Alta Real Estate Development has announced that construction activity continues across its portfolio despite the challenging situation in the region, thus reflecting the strength, resilience and long-term vision underpinning Dubai’s continued growth.
The ongoing conflict in the Gulf and severe disruption to shipping through the Strait of Hormuz are beginning to weigh heavily on the region’s construction sector, with contractors facing mounting cost pressures, delivery delays and heightened financial risk.
The ongoing conflict in the Gulf and severe disruption to shipping through the Strait of Hormuz are beginning to weigh heavily on the region’s construction sector, with contractors facing mounting cost pressures, delivery delays and heightened financial risk.