Dewa invites proposals for 200 MW solar plant
Dubai Electricity and Water Authority (Dewa) has issued a request for proposals (RFPs) to qualified bidders for its 200 MW concentrated solar power plant being developed in the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Egyptian developer to hand over 16 residential buildings
Egypt-based leading Contracting Company Al-Abd aims to deliver 16 residential buildings at a total cost of E£200 million ($10.6 million) in Al Asmarat City, Mokattam, by the end of June this year, said a report.
NPCC wins Aramco contract for 17 jackets
Saudi Aramco has awarded the National Petroleum Construction Company (NPCC) two new contracts for 17 jackets in Berri and Marjan oilfields.
Dubai Properties delivers over 3,000 housing units in 2016
Dubai Properties (DP), a leading UAE-based real estate master developer, concluded 2016 with a successful handover of more than 3,000 residential units, supporting one of the city’s leading handover tallies since 2012.
Salini completes Riyadh metro excavation work
Salini Impregilo, an Italian specialist in the construction and civil engineering business, said it has completed the tunnel excavation work along Line 3 of $23-billion Riyadh Metro project.
No short-term recovery for Dubai residential property
Dubai's residential property market is still at risk from rising debt costs, strong dollar and a sluggish regional economic growth and a short-term recovery is highly unlikely in the region's economic hub, said a report.
Finnish group to build Dubai's first water homes
FLOATING RESTAURANTS, MARINAS
Finnish-owned Admares has been awarded Phase One of Marasi Business Bay, a new waterfront destination featuring the UAE's first purpose-built yachting destination with floating restaurants and leisure and entertainment facilities.
Oman eases rules to set up contracting firms
Oman's Ministry of Commerce and Industry has issued new regulations which make it simple for businesses to start companies and establishments in the contracting sector across the sultanate, said a report.
Al Salam inks escrow deal for Bahrain freehold property
Al Salam Bank-Bahrain said it has signed an escrow account agreement with leading construction materials company Al Ma’awdah Group to officially launch sales of homes at Residence Sharq, its freehold development in the kingdom.
SKM testing lab gets ISO certification
SKM Air Conditioning, a leading manufacturer of heating, ventilation and air-conditioning (HVAC) equipment in the region, said it has received a key ISO certification from Dubai Accreditation Centre for its hitech testing lab.
Bahrain works ministry buoyed by response in Q4
Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning has received a total of 774 requests and complaints during the fourth quarter of 2016, said a senior official.
CGP to award contracts for Egypt mixed-use project
Egyptian developer Capital Group Properties (CGP) is set to award tenders for the development of the first phase of its integrated mixed-use project Borooj, which will boast 28,000 residential units on Suez-Ismailia road, said a report.