UK-based Bovis Lend Lease, a leading project and construction management company, has opened its new regional office in the UAE. The company has hailed the rapid development strides undertaken in the Middle East, emphasising that the construction boom in the region was attracting international players to explore the rich opportunities available.

Jubail Energy Company (JEC) – a joint venture between National Power Company (NPC) of Saudi Arabia and US-based CMS Energy – has been awarded Project Finance magazine’s ‘Deal of the Year’ award in the Middle East’s Independent Power Producer (IPP) category for 2003.