• Gulf Dredging and General Contracting wins Kuwait tender

    KEY UTILITY WORKS
    Heavy Engineering Industries and Shipbuilding (HEISCO) said one of its subsidiaries, Gulf Dredging and General Contracting Company, has been awarded a tender worth KD5.7 million ($18.67 million) by Kuwait’s Electricity and Water Ministry.

  • Dubai RTA completes 65pc of work on key intersection


    Sixty-five per cent of construction works of Al Qudra-Lehbab Roads Intersection Project has been completed, said Mattar Al Tayer, director-general and chairman of Dubai’s Roads and Transport Authority (RTA).

  • Dewa awards $391m contract for power station at Hatta

    PROJECT TO LAST 80 YEARS
    Dubai Electricity and Water Authority (Dewa) has awarded the Strabag Dubai, Strabag AG, Andritz Hydro and Ozkar consortium the construction contract for the Dh1.437 billion ($391 million) pumped-storage hydroelectric power station at Hatta.

  • Dewa releases 6th annual sustainability report


    Dubai Electricity and Water Authority (Dewa) has issued its 6th annual Sustainability Report, summarising the utility firm's efforts to promote social and economic sustainability as well as provide a sustainable model for energy and water.

  • Turkish group Oyak inks deal to acquire British Steel

    HANDOVER LIKELY BY 2019-END
    Turkish military pension fund Oyak said one of its units, Ataer Holding, has signed an exclusivity agreement to buy British Steel, a company which went into compulsory liquidation in May. The handover is likely to take place by the year end.

  • Arabtec Q2 net profit falls 47pc


    Arabtec, a leading contruction group in the UAE, reported a net profit of Dh26.06 million ($7.24 million) for the second quarter of this year, a 47.26 per cent decline compared to Dh49.41 million in the same period last year.

  • IBC to acquire $5bn worth holiday homes in Dubai

    FIRM EYES 10,000 PROPERTIES
    UAE-based IBC Group has announced plans to acquire 10,000 premier properties in Dubai, to furnish and manage as holiday homes.

  • Souk Okaz revamped for better tourist experience


    The infrastructure of Souk Okaz, part of the annual Taif Season currently under way in Saudi Arabia, has been restructured to enhance the visitor experience and create a correlation between the elements and components of the market to boost tourism.

  • Dewa to highlight best solutions in clean energy at key events


    Dubai Electricity and Water Authority (Dewa) will be organising the 21st Water, Energy, Technology, and Environment Exhibition (Wetex) this October, highlighting the latest solutions and innovative technologies in renewable and clean energy.

  • Hormann announces new speed rolling shutter


    Hormann, a leader in construction supplies industry, has launched an all new experience DD S6 rolling shutter whose robust design is characterised by fast door opening for doors up to 7,500 mm width and 8,500 mm height.

  • FM Expo to focus on rapid changes in sector


    FM Expo will return to Dubai next month with an updated product offering, innovative showcase features, and free-to-attend education sessions.

  • NREC posts $21.7m H1 net profit


    Kuwait-based National Real Estate Company (NREC), which is presently developing properties valued at over $2 billion in the Middle East and North Africa region, has reported a net profit of KD6.6 million ($21.69 million) for the first half of 2019.

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Construction News

Gulf Dredging and General Contracting wins Kuwait tender

Heavy Engineering Industries and Shipbuilding (HEISCO) said one of its subsidiaries, Gulf Dredging and General Contracting Company, has been awarded a tender worth KD5.7 million ($18.67 million) by Kuwait’s Electricity and Water Ministry. ...



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