• Emaar Properties' H1 revenue surges 46pc to $3.12bn

    MALLS, LEISURE UNITS GROWTH
    Leading property developer Emaar has registered a revenue of Dh11.47 billion ($3.12 billion) for the first half, up 46 per cent over Dh7.86 billion ($2.14 billion) last year led by strong construction progress and growth in its malls business.

  • UAE launches next stage of Al Badiya Bridge project


    The UAE government has launched the next stage of Al Badiya Bridge project, which involves the construction of slip roads at the Al Badiya intersection for those coming from Dubai and heading to the East Coast, said a report.

  • Dewa commissions 2MWp solar carport project


    The Dubai Electricity and Water Authority (Dewa) said it has commissioned a 2MWp solar carport project, at its headquarters and at the Ministry of Climate Change and Environment (MOCCAE) building.

  • Petrofac wins major Iraq EPC contract


    Petrofac, a leading provider of oilfield services, has secured a $370-million engineering, procurement and construction (EPC) contract from Basra Oil Company for expansion of its central processing facility in the giant Majnoon Field in Iraq.

  • Majan unveils key phase of Oman mixed-use project


    Oman-based Majan Development Company has started work on Phase Three of its mixed-use project, Al Muzn, comprising a 127-unit high-rise apartment complex and 13 commercial showrooms, in the Mawaleh area of the sultanate.

  • Bahrain's Cityview construction completed


    Bahrain-based Cityview Real Estate Development Company has completed its 88-unit residential tower in the Seef District of the kingdom. The project, which had been put on hold in 2011, was completed with the help of a key shareholder Ithmaar Bank.

  • Nakheel posts $683m net profit in H1


    Nakheel, a leading global developer, said it has registered a net profit of Dh2.51 billion ($683 million) for the first six months of the year compared to Dh2.61 billion ($710 million) for the same period in 2017.

  • KNCC launches rebranded Cinescape


    Kuwait National Cinema Company (KNCC), the country's leading entertainment company, is rolling out a rebranded Cinescape across all its locations. Coinciding with the rebrand roll, the Kuwaiti firm is set to open a new multiplex at Al Kout Mall.

  • Gulf Hotels Group unveils first UAE property


    Gulf Hotels Group (GHG), Bahrain’s leading home-grown hospitality provider, has announced the soft opening of its first UAE property - The Gulf Court Hotel Business Bay. This comes as part of the first phase of GHG’s regional expansion plan.

  • Agility receives 26 new Merc-Benz Actros trucks


    Al Haddad Motors, the sole authorised general distributor of Mercedes-Benz in Bahrain, said it has officially handed over 26 new Mercedes-Benz Actros trucks to Agility, a leading global logistics provider in the region.

  • Arabtec unit wins $42m Dubai sewerage contract


    Arabtec, a leading construction company in the region, said one of its subsidiaries has secured a Dh155-million ($42 million) contract from Dubai Municipality to build sewerage and drainage infrastructure in Al Khawaneej area of the emirate.

  • Shaker cuts inventory by 20pc to $159m in Q2


    Shaker Group, a leader in the air-conditioners market in Saudi Arabia, said its inventory dropped to SR598 million ($159 million) in the second quarter (Q2) of the year, a 19.6 per cent year-on-year drop due to its efficiency programme.

Building & Construction Window


Construction News

Emaar Properties' H1 revenue surges 46pc to $3.12bn

Leading property developer Emaar has registered a revenue of Dh11.47 billion ($3.12 billion) for the first half, up 46 per cent over Dh7.86 billion ($2.14 billion) last year led by strong construction progress and growth in its malls business....



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