Gulf Construction Online

$527m Bahrain Marina on track; achieves key safety milestone

Bahrain Marina Development Company has announced that steady progress is being made on its BD200 million ($527 million) premium project, Bahrain Marina, coming up in the capital Manama with nearly 18% of the construction work already completed.
Schneider Electric names Gulf VP for Buildings

Schneider Electric has appointed Yasser Ahmed as the VP (Buildings) for the Gulf Cluster. A veteran with over 15 years of experience, Ahmed will lead the group's transformation with building end-users in real estate, hospitality and smart communities.
UAE construction sector riding high on $590bn pipeline: JLL

Despite global challenges such as inflation and geopolitical tensions, the pipeline value of unawarded construction projects in Mena region is set to hit $3.9 trillion with UAE holding a 15% share worth $590 billion, according to industry expert JLL.
Luxe Developers launch most expensive residences in Ras Al Khaimah

UAE-based Luxe Developers has launched two ultra-luxury residences - The Celeste and The Stellar - within its Oceano development on Al Marjan Island. Valued at AED90 million ($24.4 million) each, these are the most expensive residences in Ras Al Khaimah.
Dewan sets new benchmark in architectural design for Amaala project

Dewan Architects + Engineers has set a new benchmark in architectural design and construction management for its key project - Amaala Yacht Club - in Saudi Arabia, through use of advanced BIM technology. The project is due for completion next year.
Alpago unveils signature 5-bedroom villa on Palm Jumeirah

Alpago Properties, a key developer renowned for crafting exclusive properties on the Billionaires Row of Palm Jumeirah, has announced the launch of its latest masterpiece - Kural Vista - a five-bedroom villa development with several premium amenities.
Korean builder GS E&C lands $1.7bn Oman desal plant contract

Korean builder GS Engineering & Construction has announced that one of its key units has secured a 2.4 trillion-won ($1.7 billion) contract from Oman government to build a desalination facility in the sultanate. The entire work will be completed by 2027.
Drake & Scull International eyes $789.4m capital hike

Dubai contractor Drake & Scull said it has closed the subscription for new capital, with proceeds exceeding AED450 million ($122 million). The company aims to raise AED2.9 billion ($789.4 million) new capital through distribution of 2.8 billion shares.
New Plan Capital Survey for Abu Dhabi’s future development

Abu Dhabi's Department of Municipalities and Transport (DMT) has announced the launch of the Plan Capital Survey as part of its commitment to creating one of the world's most liveable, competitive, and vibrant cities.
Acwa seals power purchase deal for largest wind farm in Central Asia

Saudi-based Acwa Power, a major utility developer, has signed a power purchase deal with the National Electric Grid of Uzbekistan for Aral 5GW Wind IPP located in the Karakalpakstan region. On completion, it will be the largest wind farm in Central Asia.
Liebherr launches Krank-powered e-equipment platform

Liebherr, a leading construction equipment manufacturer in the world, has launched its own hosted digital platform, the Used Equipment Marketplace, in collaboration with leading UK-based enterprise grade SaaS platform Krank technology.
Roshn in deal with Malahi to promote latest arcade experience

Roshn Group, a leading Saudi real estate developer powered by PIF, has signed an agreement with Malahi, a major player in the kingdom's entertainment sector, to further boost its venues as the destination of choice for entertainment seekers.