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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.

  • Kuwait International Airport Terminal 2 work nearing completion


    Leading Turkish group Limak has announced that work is nearing completion on the new Kuwait International Airport Terminal 2 which boasts several innovative systems as well as key amenities. Once operational, it will be able to handle 25 million passenger

  • Yanbu, Madinah utility projects achieve major safety milestones


    Saudi Water Partnership Company (SWPC) has announced that two of its big utility projects - Yanbu 4 IWP and Madinah 3 ISTP - have achieved major safety milestones by clocking 24 million and 3 million safe hours without injuries respectively.

  • GS Inima consortium inks Oman desalination plant deal


    Spanish utility major GS Inima has signed an agreement with Oman's Nama Power for the development of Phase Three of Ghubrah, the largest desalination plant in the sultanate with 300,000 cu m capacity. Commercial operations are set to begin in Q1 2027.

  • Dubai plans 200 projects under 'Quality of Life' strategy

    WELL-BEING OF ALL GOAL
    Dubai has launched its “Quality of Life Strategy 2033”, a visionary plan comprising 200 projects and initiatives dedicated to ensuring the comprehensive well-being of all segments of the community including nationals, residents and visitors.

  • Tecom Group to invest $460m in strategic projects


    The Board of Directors at Tecom Group has approved a AED1.7 billion ($460 million) Strategic Acquisition and Development Plan as part of its clearly defined roadmap to achieve sustainable growth and deliver strong results.

  • SEVEN, Qiddiya merge to set up Saudi lifestyle, leisure giant

    $13bn PROJECTS UNDER WAY
    Saudi Entertainment Ventures (SEVEN), a subsidiary of the country's sovereign wealth fund PIF, has announced its merger with Qiddiya Investment Company (QIC) in a move that will see the establishment of a lifestyle and entertainment giant in the kingdom.

  • UAE’s residential market sees strong performance in Q1


    The UAE’s residential market has started the year on a relatively strong note with high levels of activity and absorption, that will continue to support price growth in both Abu Dhabi and Dubai over the remainder of the year, said a property expert.

  • Shapoorji Pallonji wins 429-unit Riyadh residential project contract


    Shapoorji Pallonji, a major Indian construction conglomerate, has secured a design-and-build contract from top Saudi real estate developer Roshn for a 429-unit residential community coming up within Phase Two of its flagship Sedra development in Riyadh.

  • Taqa Q1 revenues hit $3.73bn; net profit at $571m


    Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa, reported a robust financial performance during Q1 2024, bolstered by contributions from SWS Holding.

  • Tadweer to build Abu Dhabi's first greenfield material recovery facility


    Tadweer Group, a leader in sustainable waste management practices, has announced the closed bidding for the planned development of Abu Dhabi’s first greenfield material recovery facility with an expected capacity of 1.3 million tonnes per year.

  • Emaar's Q1 net profit up 16pc; revenue soars to $1.8bn


    Dubai master-developer Emaar Properties has recorded solid results for the first quarter with revenues of AED6.7 billion ($1.8 billion) and net profit before tax of AED4.3 billion ($1.2 billion), which grew by 16% compared to the same period last year.

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Construction News

$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....


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Gulf construction - February 2020


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