Abu Dhabi starts work on $178m motorway project
Abu Dhabi General Services Company (Musanada) said it has started work on the Dh653-million ($178 million) Madinat Zayed-Al Marfa motorway project. The 50-km-long road is likely to be completed by the first quarter of 2019.
Al Shirawi Interiors celebrates UAE nursery award win
UAE-based Al Shirawi Interiors said one of its key projects, Ladybird Early Learning Centre based in Dubai, has won top honours at the Commercial Interior Design Awards 2016.
UAE group Arkan approves 49pc foreign ownership
UAE-based Arkan Building Materials Company said it has won approval from the board of directors for opening up of 49 per cent shareholding to foreign ownership.
Probe ordered into Qatar stadium site death
The organising committee of the 2022 World Cup in Qatar has launched an inquiry into the death of a worker at the under-construction Al Wakrah stadium, said a report.
Thyssenkrupp wins big Turkish airport PBB order
Thyssenkrupp, one of the world's leading elevator companies, said it has clinched a multimillion-dollar contract from Turkish builder IGA Havalimani for supply of 143 passenger boarding bridges (PBBs) to the Istanbul New Airport.
Bahrain bank Ibdar buys $78m US prime property
Bahrain-based wholesale Islamic investment bank, Ibdar Bank, said it has acquired a $78 million multi-family housing property at Montgomery county in Maryland, US.
UAE developer launches $44m villa project in Bosnia
UAE-based Green Valley International Real Estate has announced the launch of Salam City, a mixed-use project featuring 300 luxury villas and a four-star hotel with other key amenities, on a 134,000-sq-m-area at Sarajevo in Bosnia.
Gulf Property Show set to create new records
Gulf Property Show, the region's boutique showcase for real estate and property developments which kicks off in Bahrain next year, is set to be a record show with already 75 per cent of the exhibition spaces sold, said the event organisers.
Dewa scoops nine awards at Ideas America
Dubai Electricity and Water Authority (Dewa) said it has won nine awards at the Ideas America international competition held recently in Georgia, US, for its outstanding, creative and innovative ideas.
Bahrain’s EDB backs top property show
Bahrain’ s Economic Development Board (EDB) has announced its Diamond sponsorship of Bahrain International Property Exhibition (Bipex) 2016, taking place from November 3 to 5.
Work set to start on Sebacic plant in Duqm
Work is expected to start on the RO24-million ($62.37 million) Sebacic Oman Factory at the Special Economic Zone of Duqm (SEZD) this week.
Masdar inks deal for giant solar plant in Jordan
Top UAE renewable energy company Masdar said it has signed a key agreement with the Jordanian government to set up the country's largest solar power plant, a 200-megawatt (MW) project, near the capital Amman.