• Besix wins DMCC Uptown Dubai super tall tower deal

    DMCC, the world’s premium free zone and the master developer of Jumeirah Lakes Towers (JLT), said it has awarded a key contract to Belhasa Six Construct, for the construction of the first super tall tower at its Uptown Dubai district.

  • Bahrain receives bids for 100MW solar power plant

    Bahrain has received bids for a 100MW solar power plant to be set up in the country and Abu Dhabi-based Masdar has emerged as one of the bidders, said the kingdom's utility minister on the sidelines of Abu Dhabi Sustainability Week.

  • Emaar launches premium golf villas near Expo 2020 site

    Emaar has launched the Phase Two of its Expo Golf Villas project with a limited collection of three and four-bedroom premium villa units, set only 10 minutes from Expo 2020 Dubai site and seven minutes from Al Maktoum International Airport.

  • VOT the new buzzword in Dubai property market

    Vacant on Transfer (VOT) is the new buzzword in Dubai property market. The term, used for a unit that is available immediately upon handover, began to be used more widely in 2018 due to plunging rates in the secondary market, said an expert.

  • Equitativa, HK group to set up new Belt & Road REIT

    Equitativa, the largest real estate investment trust manager in GCC, has inked a deal with Hong Kong-based Affluent Partners to launch a new REIT that will invest in property assets along the Eurasia trade corridor of China Belt & Road Initiative.

  • KG Group buys major stake in Dubai real estate group

    KG Group, a leading manufacturer and distributor of products for the automotive, logistics and cement and mining industries, has acquired a major stake in Virtue Properties, a Dubai-based boutique real estate development company.

  • UAE launches key initiatives to boost real estate demand

    With the UAE’s real estate sector softening in 2018, the government launched several initiatives to boost demand. However, the market performance will depend on how quickly these investments and regulations have an impact, said an industry expert.

  • Abu Dhabi pumps $2.2bn into renewable energy sector

    The total investments by Abu Dhabi government in the renewable energy sector has surged to Dh8 billion ($2.17 billion), thus reflecting positively on the sustainability of the industry for future generations, said a senior government official.

  • Nurol deploys Raimondi luffing jib cranes at UAE project site

    Raimondi Cranes, a leading Italian-based group, said UAE-based Nurol Construction Company has deployed two of its luffing jib crane models at work on the Corniche Tower jobsite in the capital, Abu Dhabi.

  • ISG appoints new business development director

    Construction services company ISG has appointed David Cronin as its new business development director. Cronin, who was the group's commercial manager from 2008 to 2012, rejoins the group bringing with him over 20 years of industry experience.

  • Esma developing air conditioning standards for GCC

    The Emirates Authority for Standardisation and Metrology (ESMA), has announced that the emirates is currently developing a regional regulation for air conditioning systems for energy consumption in the GCC countries.

  • Muharraq Grand Garden Phase I set for February completion

    Bahrain authorities said work on the Phase One of Muharraq Grand Garden development is likely to be completed by the end of next month. The contract for the next phase worth BD3.18 million ($8.38 million) has already been awarded, said a report.

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Construction News

Besix wins DMCC Uptown Dubai super tall tower deal

DMCC, the world’s premium free zone and the master developer of Jumeirah Lakes Towers (JLT), said it has awarded a key contract to Belhasa Six Construct, for the construction of the first super tall tower at its Uptown Dubai district....

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