Gemini breaks ground on key facility in Abu Dhabi
Gemini Building Materials, a leading importer and trader of building materials in the UAE, has broken ground on its new manufacturing facility at Khalifa Industrial Zone in Abu Dhabi.
Mashreq invites bids for new HQ building
Mashreq, the third-biggest lender by assets in Dubai, UAE, has invited tenders for the construction of its new 151-metre head office in the Downtown Dubai area of the emirate, said a report.
Oman port inks deal for flour mill, logistics hub
Oman’s Sohar Port has entered into a land lease agreement with Sohar Flour Mills aiming to build a new flour mill with a milling capacity of 500 tonnes per day of different types of flour, a report said.
Mazaya names Majaal as FM for Bahrain project
Majaal, a leading developer and operator of industrial facilities for small to medium enterprises, has been appointed by Kuwait-based Mazaya Holding as the facilities and leasing manager for its upcoming project in Bahrain.
Dubai to face housing shortage ahead of Expo 2020
NEED FOR MORE LOW-END UNITS
Following a period of stabilisation, the Dubai housing market could experience a supply shortfall in 2020 as the World Expo, a six-month long mega event, approaches, said an expert.
St-Gobain's takeover bid for Sika faces new setback
Saint-Gobain, Europe's biggest supplier of building materials, said its attempt to take over Sika has been dealt a new blow after the Swiss chemicals firm's board sought to reduce the voting rights of the company's biggest shareholder.
Investcorp to acquire key Spanish company
CERAMIC TILES MANUFACTURER
Bahrain-based Investcorp is set to buy Fritta, a specialist producer of intermediates for the ceramic industry, from financial investor Nazca Private Equity.
Saudi Arabia to ride high on construction, property growth
Saudi Arabian General Investment Authority (Sagia) is working on a new plan that aims to transform the kingdom's construction and real estate sectors into high productivity economic engines.
Saudi Arabia gears up for mega construction show
The Big 5 Saudi will be showcasing innovative building and construction products of more than 500 exhibitors this year as the major industry event marks its fifth anniversary in Jeddah, Saudi Arabia, in March.
Lightex opens new showroom in Bahrain
Lightex Bahrain, a major provider of innovative and stylish lighting solutions for commercial and residential projects, said it has relocated to a new 500-sq m showroom in Amwaj Islands area of the kingdom.
Barwa inks Village expansion consultancy deal
Qatar-based Barwa Real Estate said it has signed up Arab Engineering Bureau to provide consultancy and design services for its Barwa Village expansion project.
Biolab to build polymerisation reactor in Saudi Arabia
Biolab Arabia (BLA), a Saudi chemical company based in Jubail Industrial City, is set to construct a 30-tonne polymerisation reactor and a new facility to house raw materials as part of its four-phase expansion plan.