• Investcorp completes first EU real estate portfolio


    Bahrain-based Investcorp, a leading global provider and manager of alternative investment products, said it has completed its first European real estate portfolio following the acquisition of seven additional assets.

  • Kuwait's Sheikh Jaber causeway to open by 2018-end


    Kuwait said over 80 per cent of the work on its ambitious $3-billion Sheikh Jaber Al Ahmad Al Sabah Causeway (also known as The Al Sabbiya bridge) has been completed and the project will be ready by the end of 2018, said a report.

  • Schneider Electric showcases innovative solutions


    Schneider Electric, a major player in energy management and automation, is showcasing its comprehensive portfolio of hitech solutions - from IoT products to software suites and digital services - at the ongoing Wetex expo in Dubai, UAE.

  • Empower's district cooling capacity to hit 1.34m RT


    UAE-based Emirates Central Cooling Systems Corporation (Empower) said its district cooling capacity has been on the rise and is poised to hit 1.34 million RT (refrigeration tonnes) by the end of this year.

  • Metropolitan signs up for Bahrain property expo


    Metropolitan Holding, a leading player involved in property development and international real estate, has signed up as a signature sponsor for the upcoming Bahrain International Property Exhibition (Bipex 2017).

  • Emirates Insolaire to install coloured solar panels in Dubai


    Emirates Insolaire, a joint venture between Dubai Investments and SwissInso Holding, a leading European pioneer in solar technologies, is planing to install coloured solar panels on buildings across Dubai, UAE.

  • Dubai real estate trade value tops $55bn


    Dubai Land Department (DLD) has announced that the total value of real estate transactions for the first nine months surged to hit Dh204 billion ($55.5 billion). It was achieved through 52,170 transactions.

  • GE showcases 'Future of Power Generation’ at Dubai expo


    GE is showcasing the future of power generation with its industry-leading solutions including 9E Max gas turbine upgrades, ultra-supercritical steam technology and smart grid solutions at the ongoing Wetex expo in Dubai.

  • DP World, DCCE in deal to use crowdfunding for warehouses


    Dubai-based global marine terminal operator DP World and Dubai Carbon Centre of Excellence (DCCE) have signed an agreement to use crowdfunding, and innovative Fintech tools, to power the retrofitting of warehouses in Mina Rashid, Dubai.

  • Acwa Power to unveil mega projects at Wetex


    Acwa Power, a leading developer of power generation and water desalination plants, is showcasing its latest mega projects at the Water, Energy, Technology and Environment Exhibition (Wetex 2017), which opened today in Dubai.

  • UAE's DC Pro opens two new offices in Australia


    DC Pro Engineering, a leading UAE-based engineering consultancy firm, has expanded its operations in the Asia-Pacific region with the opening of two new offices in Australia at Perth and Melbourne.

  • Australian furniture maker Schiavello opens regional HQ


    Schiavello, one of Australia’s oldest manufacturers of high‑end furniture, has opened its new regional headquarters at Dubai Design District as part of its expansion strategy for the Middle East and North Africa (Mena) region.

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Construction News

Investcorp completes first EU real estate portfolio

Bahrain-based Investcorp, a leading global provider and manager of alternative investment products, said it has completed its first European real estate portfolio following the acquisition of seven additional assets....



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Gulf construction - September 2015


Kuwait’s government said it had awarded a contract to build a new terminal at the country’s international airport to the same consortium that had its earlier ...


Dubai-based real estate developer Omniyat has revealed plans to build a $273-million ...


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