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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.

  • 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 metric 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.

  • Gulf Land Property to set upcale residential community in Dubai


    Gulf Land Property Developers has partnered with luxury lifestyle brand Tonino Lamborghini to develop an upscale residential community in Dubai. The community, spanning a 750,000 sq ft GFA, features two buildings with 6 floors and two with 12 floors.

  • RMJM completes work on Masdar City innovation hub


    Leading architectural network RMJM has announced the completion of work on the Innovation Hub located within Abu Dhabi's Masdar City. The building, which offers 4,000 sq m office space across three floors, has LEED Gold as well as 3 Pearl Design ratings.

  • 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.

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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 - July 2021


Majid Al Futtaim, a leading shopping mall and leisure pioneer in the region, said it has signed a 6.2 megawatt-peak solar power purchase agreement (PPA) with Yellow Door ...


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