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GCC active projects hit $2.4tn

The total value of 21,893 active construction projects in the Gulf Cooperation Council (GCC) reached $2.4 trillion at the beginning of September 2017, according to a report. Of these, the total value of urban construction projects reached $1.18 trillion, said the BNC Construction Intelligence report. This reflects the buoyancy of the project market and the...

Brazilians eye $32bn Gulf bonanza

More business opportunities in the GCC have opened up for Brazilian investors with $32 ...

KAIE flying high with success

Kanoo Automotive and Industrial Equipment (KAIE), which has grown to become one of the ...

KNPC to spend $11.6bn in five years

Kuwait National Petroleum Company’s (KNPC) expenditure over the next five years is ...

Case names EMEA VP

Case Construction Equipment has appointed Jose Cuadrado (right) as the new vice-president ...





$2.6bn raiLway set to mark milestone

Saudi Arabia will launch its longest passenger train service in December, marking the completion of the 2,750-km North-South Railway, built at a cost of $2.6 billion. The Riyadh-Majmaah-Al Qassim passenger train – launched as a five-days-a-week service in February this year and made a daily service in April – will be extended north to Hail, Al ...

Vendors eyed for two nuclear plants

Saudi Arabia is likely to begin the process to find a vendor to build the country’s ...

25 firms qualify for wind plant bids

Saudi Arabia’s Renewable Energy Project Development Office (Repdo) has qualified 25 ...

In brief

Millennium takes over hotels Millennium Hotels and Resorts, Middle East and Africa has ...

Haulotte rises to refinery tasks

Haulotte’s innovative articulated and telescopic big booms have been put to good use ...





Waterfront homes snapped up

Aldar sold out the first phase of its Dh2.4-billion ($653.2 million) waterfront development, Water’s Edge, on Abu Dhabi’s Yas Island, at last month’s Cityscape Global in Dubai. A 2,255-home masterplanned project, Water’s Edge offers a complete outdoor lifestyle, with pedestrian access to all amenities including a waterfront promenade...

Acwa consortium wins $3.8bn solar project

Dubai Electricity and Water Authority (Dewa) has awarded a contract to Saudi ...

Peri gives form to Bee’ah HQ

Following its success in helping shape the unique Sheikh Zayed Desert Learning Centre in ...

New tower takes the shape of ‘U’

Dubai-based RKM Durar Properties, a joint venture between RKM Real Estate and Durar Al ...

$816m Sharjah community on way

The Alef Group is set to develop a new pedestrian-friendly residential community called Al ...





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