Myra eyes millennials with Dubai apartment project
UAE-based Myra Properties has launched its latest apartment project in Dubai, to target the growing community of young millennial expatriates who are increasingly relocating to the emirate for employment, said a report.
Bahrain road revamp work nearing completion
Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning said work was progressing well on a road revamp project in the Hidd area of the kingdom with 80 per cent of the job completed.
Oman's Asaas launches new construction unit
Muscat National Development and Investment Company (Asaas), a leading player in Oman, has launched its new construction management subsidiary ‘Kayan’.
Al Sharq's Dubai residential project on track
Saudi-based Al Sharq Investment said 93 per cent of the structural work has been completed at its Alef Residences, a luxury project coming up on a 46,840-sq-m area at Palm Jumeirah in Dubai, UAE.
Dow unveils key CSP solutions at Dubai solar expo
The Dow Chemical Company is showcasing its range of concentrated solar power (CSP) solutions at the ongoing Middle East & North Africa Solar Conference and Expo (Menasol) in Dubai, UAE.
Reem Mall picks Yardi for property management
Reem Mall, a leading shopping, leisure and entertainment destination in Abu Dhabi, UAE, has signed up Yardi to deploy the Voyager 7S solutions to help automate accounting and property management at its office.
Oman set for heritage village revamp
The Omani government is working on a key project to revamp the ancient village of Muttrah and develop it into a modern city along with traditional houses and heritage sites to attract tourists from across the world, said a report.
Qatar Rail completes 100km Doha metro tunnelling
UNDERGROUND STATIONS ON TRACK
Qatar Rail has achieved a major milestone by completing 100 km of tunnelling across Doha for its ambitious metro network and 41 per cent of the work related to the project.
Orascom Construction posts $23m Q1 profit
Orascom Construction posted a net profit of $23 million in the first quarter of 2016, up significantly from $5.8 million a year ago.
$2 trillion projects in pipeline in GCC
SAUDI ARABIA LEADS
The pipeline of projects planned in the Gulf Cooperation Council (GCC) states as of May 2016 amounts to $2 trillion, it was revealed at a summit of construction sector leaders in Dubai, UAE.
Technip wins Saudi Kayan contract
Technip was awarded a contract by Taiwan’s CTCI to provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace at the Saudi Kayan Petrochemical Complex in Jubail, Saudi Arabia.
EFS unveils integrated facilities management solutions
EFS Facilities Services, a regional leader in delivering integrated facilities management services, showcased its key products and solutions at the FM Expo 2016 in Dubai, UAE.