The construction sector in the Middle East and North Africa (Mena) region will face a downturn in 2020 over soaring Covid-19 cases in the region and slump in oil prices, according to leading data and analytics company GlobalData. The construction output growth forecast has been revised to -0.8 per cent, down from the previous projection of 1.4 per ...
Acwa reaches deal for Oman solar project
Saudi-based Acwa Power said its consortium with Gulf Investment Corporation (GIC) and ...
Reynaers adapts to the new normal
As the world faces an unprecedented crisis, companies across the globe are taking measures ...
Hill International, a global leader in managing construction risk, said it has secured a ...
Work on expo centre to begin
Work will start this month on the new exhibition and convention centre, being built at an ...
State oil giant Saudi Aramco accounts for 20 per cent of the over $50 billion announced cuts in capital expenditure by oil and gas companies globally as they grapple with the coronavirus (Covid-19) pandemic and oil price war, according to a report. As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by ...
Egypt-Saudi power line project bidding put off
The Egyptian Electricity Transmission Company (EETC) is set to further delay receiving ...
Project delays may hit Saudi cement demand
Saudi Arabia’s cement sector has not witnessed any impact from the coronavirus ...
Saudi-based Advanced Petrochemical Company (APC) said it has signed an agreement with ...
New residential projects to offer 8,083 homes
Saudi Arabia’s Ministry of Housing has announced the launch of two new residential ...
Abu Dhabi Power Corporation (ADPower) said it has signed an agreement with Tadweer for the development of two waste-to-energy (WtE) plants with a total capacity of 1.5 million tonnes per year. ADPower will be implementing the project in partnership with its subsidiary Emirates Water and Electricity Company (Ewec). The WtE plants, which will come up in Abu ...
Malaysia’s Serba Dinamik wins $1.8bn deal
Malaysian group Serba Dinamik Holdings has secured an engineering, procurement and ...
Al Mamsha Phase One to be ready by year-end
Sharjah-based developer Alef Group has announced that 68 per cent of the construction work ...
Tabreed buys stake in Emaar cooling unit
UAE-based National Central Cooling Company (Tabreed) said it has reached an agreement with ...
Etihad Rail awards contract for O&M facility
Etihad Rail, the developer and operator of the UAE’s integrated railway network, has ...
The Executive Committee of the Bureau International des Expositions (BIE) has unanimously agreed to propose the postponement of Expo 2020 Dubai to be held from October 1 next year to March 31, 2022. Since changing the dates of an Expo requires the support of a two-thirds majority of member states of the BIE (Article 28 of the Paris Convention of 1928), the ...
Haji Hassan signs up for Gulf Construction Expo
Haji Hassan Group, a pioneer in the construction sector in Bahrain, has signed up as a ...
