• Saudi Arabia ranks second in road connectivity index

    30th GLOBALLY IN QUALITY INDEX
    Saudi Arabia, with a 68,000-km road network, has been ranked second on the Road Connectivity Index in the World Economic Forum's Global Competitiveness Report 2018. Also, the kingdom is positioned 30th worldwide on the Road Quality Index.

  • Dubai 'offers highest potential price growth on residential property'


    Competitive price of premium residential real estate in Dubai is underpinned by the huge potential for growth by the city - which means stronger appreciation and return on investment - as it continues to record sustained growth led by its firm economic fu

  • Dewa awards main water pipeline project


    Dubai Electricity and Water Authority (Dewa) has awarded a contract to supply, extend and commission 19.5 km of main water pipes linking different areas of the emirate such as Emirates Road, Al Maktoum International Airport and Jebel Ali.

  • Cortec wins key Dubai lab certification


    Cortec, a global leader in corrosion protection technology, has received certification from the Dubai Central Laboratory Department (DCLD) to manufacture and supply MCI admixtures known as migrating corrosion inhibitors for concrete.

  • Qatar UDC net profit down 13.7pc in Q3


    United Development Company (UDC), a leading property developer in Qatar, has registered a net profit of QR416 million ($113 million) for the first nine months, down 13.7 per cent compared to QR482 million ($131 million) last year.

  • FCC consortium wins extension to Riyadh Metro contract


    The Fast Consortium, led by Spanish builder FCC, said it has been tasked with building a 1.5-km-long extension and adding two more new stations to Line 4 of the Riyadh Metro Project.

  • Square Yards 'key player in UAE real estate market'


    Global real estate aggregator, Square Yards, said it has emerged as one of the largest proptech players in the UAE with its gross transactional value (GTV) crossing over the Dh2-billion ($544 million) mark in the emirates.

  • Edamah inks tenancy deal with top restaurant group FFI


    Edamah, the real estate arm of Bahrain government, has signed up global restaurant company Food Fund International (FFI) as a new tenant in its new BD7.6-million ($20.1 million) complex, The Terminal, in the Adliya area of the kingdom.

  • Havelock AHI wins fit-out deal for Hilton Garden Inn Kuwait


    Mabanee Company, a leading Kuwaiti developer and partner in innovative real estate projects, has appointed Havelock AHI for the interior fit-out of the Hilton Garden Inn.

  • DLD, TRA in deal to regulate real estate ads in Dubai


    The Dubai Land Department (DLD) said it has signed an agreement with the UAE's Telecommunications Regulatory Authority (TRA) to regulate real estate advertisements by setting an operational framework in the control departments.

  • Abu Dhabi begins work on two new school projects


    Abu Dhabi has started work on two school projects - Mohamed bin Zayed School in Abu Dhabi and the Jebel Hafeet School in Al Ain. On completion, these schools will together accommodate 4,040 male and female students in 147 classrooms.

  • Terex picks ASC as Genie distributor in Qatar


    Terex Corporation, a global manufacturer of lifting and material processing products, said it has appointed Arabian Supply Center (ASC) as the group's new distributor for Genie boom lifts, scissor lifts and telehandlers in Doha, Qatar.

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Construction News

Saudi Arabia ranks second in road connectivity index

Saudi Arabia, with a 68,000-km road network, has been ranked second on the Road Connectivity Index in the World Economic Forum's Global Competitiveness Report 2018. Also, the kingdom is positioned 30th worldwide on the Road Quality Index....



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