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Luxe picks Chinese contractor for $408m RAK residential projectThe Luxe Developers, a UAE-based real estate development firm, has appointed China State Construction Engineering Corporation as the main contractor for the company’s AED1.5 billion ($408 million) Oceano development located on Al Marjan More… |
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Drake & Scull International eyes $789.4m capital hikeDrake & Scull International (DSI) has announced the closing of the subscription for new capital, with proceeds exceeding AED450 million ($122 million) through distribution of 2.8 billion shares. The c More… |
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Arabian Drilling posts solid Q1 results; revenue up 24pcArabian Drilling, one of the largest national onshore and offshore drilling contractors in Saudi Arabia, has delivered a strong operational performance in Q1 recording a 24% jump in its revenue which soared to SAR967 million ($258 million) mai More… |
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Arabian Drilling posts solid Q1 results; revenue up 24pcArabian Drilling, one of the largest national onshore and offshore drilling contractors in Saudi Arabia, has delivered a strong operational performance in Q1 recording a 24% jump in its revenue which soared to SAR967 million ($258 million) mai More… |
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Innovo named main contractor for Aldar’s ‘Saadiyat Lagoons’ Package 3Innovo Group, a leader in urban development and innovation across the built environment, has announced that its key subsidiary, Innovo Build, has been selected as the main contractor for the third package of ‘Saadiyat Lagoons’ proj More… |
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Italian contractor Saipem lands $550m offshore drilling dealsSaipem, a leading company in the engineering, drilling, and construction of major projects in the energy and infrastructure sectors, has secured two offshore drilling contracts worth nearly $550 million. Of the More… |
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Italian contractor Saipem lands $550m offshore drilling dealsSaipem, a leading company in the engineering, drilling, and construction of major projects in the energy and infrastructure sectors, has secured two offshore drilling contracts worth nearly $550 million. Of the More… |
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Design-build contractor Amana opens new factory in Saudi ArabiaLeading regional design-build contractor Amana has announced that its key unit, DuBox, has opened a new factory at Rabigh, Saudi Arabia. Spread over a 70,000-sq-m area, it will design, manufacture and assemble safer, greener and smarter buildi More… |
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Bloom names main contractor for key phase of $2.5bn Abu Dhabi projectBloom Holding, one of the UAE’s leading real estate development companies, has appointed Emirates Link Maltauro as the main contractor to carry out the construction works for Cordoba, Phase One of its fully integrated and all-inclusive r More… |
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Al Bawani starts work on Lucid’s hitech plant in Saudi ArabiaLucid Group, a US-based electric vehicle company, has signed up Al Bawani, a leading general contracting firm, for the construction of its first international production plant in Saudi Arabia. The new facility More… |
