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Gulf Construction Online

  • RAK Properties launches final phase of Quattro Del Mar


    RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has announced the release of the final phase of Quattro Del Mar, its iconic waterfront development in Mina Al Arab.

  • RTA completes major road network upgrade work in Dubai


    Dubai’s Roads and Transport Authority (RTA) has completed a series of traffic enhancements in Oud Metha as part of its infrastruture upgrade plan. These include enhancements to entry, exit points on Umm Hurair Street with the addition of 317m deceleration

  • Engie, Jinko, EDF in race for 1.5GW Abu Dhabi solar PV project


    Consortiums of French group EDF Renewables and Korea Western Power as well as that of Jinko Power and Jera are in the race for development of a 1,500MW solar facility at Khazna in Abu Dhabi. French utility major Engie too is in the race for the project.

  • Dubai's Canal Front anticipates 40pc surge in property values


    Driven Properties has forecast a significant surge in property values in Dubai’s Canal Front district within the next 12 months, anticipating prices to escalate by over 40%.

  • Tecom 9M net rises 23pc to $257m driven by record revenues


    Tecom Group, the creator of specialised business districts and vibrant communities, reported a record nine-month (9M) result, with a 10% rise in revenue to AED1.7 billion and a 23% increase in net profit to AED943 million ($257 million).

  • Schneider Electric JV launches new energy solutions venture


    Schneider Electric, a leader in the digital transformation of energy management, automation, has announced the official launch of its new venture in Abu Dhabi - Taqana Energy Solutions - set up in partnership with Arab Development Establishment (ADE).

  • GFH, GWC in deal to develop key Saudi logistics infrastructure

    200,000 sqm GRADE A FACILITIES
    GFH Financial Group (GFH), a leading financial institution with a strong focus on logistics sector, has reached an agreement with Gulf Warehousing Company (GWC) for development of 200,000 sq m area of Grade ‘A’ logistics facilities across Saudi Arabia.

  • EDF-Masdar consortium seals $1.5bn Red Sea Global deal

    AMAALA UTILITY INFRASTRUCTURE
    Red Sea Global (RSG) has closed a $1.5 billion deal with a consortium led by French utility major EDF and Masdar, along with Korea East-West Power and Suez for development of multi-utility infrastructure within its Amaala wellness destination.

  • Pantheon Development acquires prime land from Marjan


    Marjan, a master developer, through its subsidiary RAK Central, has signed an agreement with Pantheon Development, to acquire and develop a major project at their progressive mixed-use destination in the northern emirate.

  • Sweid & Sweid sets up $75m industrial project in Atlanta


    Dubai-based Sweid & Sweid has successfully completed RP10 - its inaugural class-A industrial real estate project in US - for AED275 million ($75 million). Located in Atlanta on a 825,000 sq ft area, the bulk industrial development was completed on time.

  • Rikaz launches Zaya with Investments totalling $160m


    Saudi real estate firm Rikaz has announced the launch of Zaya, its affiliate company specialising in developing residential and commercial projects, with investments amounting to SR600 million ($160 million).

  • Ginco to build 484 Expo City villas


    Master real estate developer Expo City Dubai has appointed Ginco General Contracting as the main contractor for the construction of 484 villas in its gated community Expo Valley, marking a major milestone in the Expo 2020 legacy city’s development plans.

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RAK Properties launches final phase of Quattro Del Mar

RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has announced the release of the final phase of Quattro Del Mar, its iconic waterfront development in Mina Al Arab. ...


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Around the World







Gulf construction - September 2015


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