• $76.5m Mohamed bin Zayed City roads project ready


    Abu Dhabi General Services Company (Musanada) has announced the completion of 'Z35 Roads and Infrastructure Project’ valued at Dh280.7 million ($76.5 million) at Mohamed bin Zayed City, a media report said.

  • RAK Properties signs $136m deal for villas project


    RAK Properties, one of the UAE’s leading property developers, has signed a construction, infrastructure and landscape work contract with Al Ali Construction & Development for its Dh500-million ($136 million) villas project.

  • World’s tallest Ferris wheel to be ready by Dubai Expo 2020

    VITAL SPOKE CABLES INSTALLED
    UAE developer Meraas has confirmed that its ambitious project, Ain Dubai, coming up in its Bluewaters island, will be completed in time for Expo 2020 Dubai gala. Standing at 250-m high, it is set to become the world's tallest observation wheel.

  • Eagle Hills Diyar unveils latest developments at Gulf Property Show


    Property developer Eagle Hills Diyar has returned to participate in the 2019 edition of Gulf Property Show, being held at the Bahrain Exhibition Centre from April 23-25, to showcase the different properties available within its Marassi Al Bahrain project.

  • Saudi's Qassim Cement Q1 profit hits $15m


    Saudi-based Qassim Cement has registered a net profit of SR56 million ($15 million) for the first quarter, mainly driven by higher-than-expected selling prices for the cement products.

  • Dar Al Arkan set to redeem $400m Islamic bond


    Saudi Arabia’s Dar Al Arkan Real Estate Development Company aims to redeem its $400-million sukuk (Islamic bond) by using internal cash reserves, the developer said in a statement.

  • Saudi group eyes Fannie Mae-style $1.1bn sukuk sale

    HOME LOAN PORTFOLIO BOOST
    Saudi Real Estate Refinance Company (SRC) is planning to issue long-term sukuk worth SR4 billion ($1.1 billion) being modelled on the lines of US mortgage finance firm Fannie Mae, said a report, citing its top official.

  • Dubai Investments releases 279 affordable homes


    Dubai Investments, a leading diversified investment company, has released 279 residential units within three buildings, in a mixture of studio, one and two-bed apartments at Al Multaqa Avenue, Mirdif Hills in Dubai.

  • Procurement Middle East opens in Bahrain


    Procurement Middle East 2019 conference and exhibition, with a focus this year on digitalisation, opened yesterday (April 23) in Bahrain featuring over 20 high-profile speakers.

  • Emaar launches sale of 4th phase of Expo Golf Villas


    Leading Dubai-based developer Emaar has launched the fourth phase of Expo Golf Villas, with a limited collection of residences, featuring a mix of three- and four-bedroom homes with views of parks and an 18-hole golf course.

  • Majid Al Futtaim opens $81m mall in Abu Dhabi


    Majid Al Futtaim, the leading shopping mall and leisure pioneer across the Middle East, Africa and Asia, has launched My City Centre Masdar, a Dh300-million ($81 million) community project in Abu Dhabi, marking its 25th mall in the region.

  • Utico to open office in Muscat


    Utico, a leading full service private utility and developer, will soon be opening an office in Muscat to pursue sustainable utilities development in Oman across sectors such as renewables and conventional as an offset for carbon footprint.

Building & Construction Window


Construction News

$76.5m Mohamed bin Zayed City roads project ready

Abu Dhabi General Services Company (Musanada) has announced the completion of 'Z35 Roads and Infrastructure Project’ valued at Dh280.7 million ($76.5 million) at Mohamed bin Zayed City, a media report said....



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