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Alstom, Hyundai land big Baghdad metro project

Alstom, a global leader in rail transport and sustainable mobility, said a consortium led by the company, together with partner Hyundai Engineering & Construction, have signed a memorandum of intent with the Iraqi Ministry of Transport to define a framework to accelerate the implementation of the Baghdad Elevated Train (BET) project.  The BET ...

Arranging finance a ‘challenge for contractors’

The biggest challenge for companies in the Middle East projects industry since 2015 has ...

Work to kick off on Future Generation tower

Work will begin soon on Future Generation Reserve Tower in Bahrain, a key seafront office ...

Mena construction sector faces severe slump

The construction sector in Middle East and North Africa is experiencing a severe slump ...

Bobcat launches R-Series backhoes

Bobcat, a leading construction equipment manufacturer, last month launched the ...





Contract values down amid Covid crisis

The total value of awarded construction contracts across Saudi Arabia during the second quarter fell to SR11 billion ($2.9 billion) as the widespread negative effects of Covid-19 delayed projects across many sectors, according to the US Saudi Business Council (USSBC). The value of awarded contracts decreased after a strong showing in the previous quarter, ...

Spark wins top green building rating

King Salman Energy Park (Spark) in Al Khobar has become the first industrial city in the ...

484-unit community launched in Al Khobar

The Ministry of Housing has announced the launch of Park View, a residential community ...

Fund signs $43bn tourism projects finance deal

Saudi Arabia’s Tourism Development Fund has reached an agreement with local banks ...

Fakieh launches Al Nawras Island development

Saudi-based Fakieh Hospitality and Leisure Group has launched its premium Al Nawras Island ...





Besix, Jan De Nul win port expansion deal

Six Construct, a unit of global infrastructure major Besix, said its consortium with Belgian contractor Jan De Nul has been awarded the contract for the expansion of the Port of Fujairah, one of the world’s key oil storage centres and the second-largest ship-bunkering hub in the world. The Dibba Bulk Handling Terminal Project, which is valued at Dh371...

Dubai approves new building code, construction standards

Dubai Executive Council has approved the new ‘Dubai Building Code’ that ...

SZHP residential project 94pc complete

More than 94 per cent of the work has been completed on the 960-unit Bateen Al Samar ...

Maritime City Phase One infrastructure 70pc ready

DP World, the Dubai-based global provider of smart logistics solutions, has announced that ...

Al Semsam goes international

Dubai-based Al Semsam Building Materials said it has achieved yet another major milestone ...





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