• Kooheji Contractors wins BFH mixed-use project deal


    FEB Aqar, a unit of First Energy Bank, has signed up Kooheji Contractors for the construction of its mixed-use project at Bahrain Financial Harbour. The 27-storey tower boasts office, residential and retail spaces besides high-end building facilities.

  • Miral inks Abu Dhabi Yas Bay residential plot sales deal

    TWO MAJOR HOUSING PROJECTS
    Abu Dhabi-based Miral has signed land sales agreement with Siadah International Real Estate Development for the development of two residential buildings at the vibrant new waterfront community within Yas Island.

  • Salini wins $594m Turkey high-speed rail project contract

    153km OF ORIENT EXPRESS
    Italian construction major Salini Impregilo has won a contract worth €530 million ($594 million) to build a major section of the Orient Express high-speed railway in Turkey between capital Istanbul and the border with neighbouring Bulgaria.

  • Tebyan sells 70pc of Dubai luxury twin tower project


    UAE-based developer Tebyan has sold over 70 per cent of the luxury apartments - including studios, one-, two- and three-bedroom units - at its 373-unit Sparkle Towers in Dubai Marina, as it prepares for handover.

  • Aldar's Q1 revenue up 20pc, strong sales reported


    UAE-based Aldar Properties has reported a 20 per cent growth in its revenue for the first quarter, which soared to Dh1.76 billion ($479 million) from Dh1.47 billion ($400 million) last year amid strong development activity across all projects.

  • Galfar secures $222m Oman road dualisation project


    Oman-based Galfar Engineering & Contracting Company said it has been awarded a major contract worth RO86 million ($222 million) for the addition of two lanes as part of the dualisation of Rusail–Nizwa road project in the sultanate.

  • UAE to launch tenders for 250-unit residential project


    UAE-based Sheikh Zayed Housing Programme has given approval for the launch of engineering consultancy tenders for the construction of a 250-unit residential neighbourhood at Khor Fakkan in Sharjah’s Eastern Region.

  • Nakheel to build cycle track at Dubai villa community


    Leading UAE master developer Nakheel has awarded a Dh8.6-million ($2.34 million) contract for the development of a 5-km-long cycling track, besides a jogging route and outdoor gyms, within its 1,500-unit Nad Al Sheba villa community in Dubai.

  • Wasl's Dubai twin-tower project 50pc sold out


    Dubai-based wasl properties said it has received an overwhelming response from local investors for its twin-tower residential development ‘The Nook’ with nearly half of the units being bought by young Emiratis and small Arab families.

  • Dubai developers offering 'clever incentives' to woo buyers


    Dubai developers are pulling out all stops to win over buyers for their newly launched projects with some even playing the role of banks to stimulate demand for both off-plan and ready properties with ingenious payment plans, said a report.

  • Shurooq names new CEO for Sharjah Sustainable City


    Sharjah Investment and Development Authority (Shurooq) has appointed Yousef Al Mutawa as the new chief executive of the Sharjah Sustainable City, a Dh2-billion ($544 million) mixed-use project featuring 1,120 villas in the northern emirate.

  • Dubai to build two new residential communities


    Dubai ruler has approved land for two new residential communities for Emirati citizens in Nad Al Sheba and Wadi Al Amardi areas of the emirate, thus bringing the total numbers of plots earmarked for housing to 12,000.

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Construction News

Kooheji Contractors wins BFH mixed-use project deal

FEB Aqar, a unit of First Energy Bank, has signed up Kooheji Contractors for the construction of its mixed-use project at Bahrain Financial Harbour. The 27-storey tower boasts office, residential and retail spaces besides high-end building facilities....



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