• Dewa completes third of 162-km water project


    Dubai Electricity and Water Authority (Dewa) has completed 109 km of the 162 km, Dh210 million ($57 million) project to supply, extend and commission water distribution networks.

  • $55bn healthcare projects coming up in Mena

    37 MEGA HOSPITALS UNDER WAY
    Healthcare projects worth $55.2 billion are currently in the pipeline in the Middle East and North Africa (Mena) region, according to latest industry estimates.

  • GCC project awards to stay steady at $117bn this year

    H2 SET TO PERFORM BETTER
    The total value of contract awards in the GCC projects market this year is expected to stay steady at $117 billion compared to last year, a report said.

  • Al Forsan starts leasing out villas in Abu Dhabi


    Al Forsan Real Estate, the property arm of Al Forsan Holding, has announced that its leasing out its Type 1 and Type 2 Villas for Dh245,000 ($66,690) and Dh265,000 respectively in Abu Dhabi, UAE.

  • Saipem wins $850 million new Kuwait refinery deal

    PIPELINE CONTRACT
    Italy-based Saipem, a leading oil and gas industry contractor, has won a new contract worth $850 million for the engineering, procurement, construction and commissioning of the feed pipelines of a new refinery in Kuwait.

  • Gemini offers customised payment plan for Splendor


    Gemini Property Developers, a boutique real estate developer, and SPF Reality, a leading real estate brokerage, today announced an industry-first customised payment plan for residential units in Splendor at MBR City in Dubai.

  • Sodic H1 revenue jumps 88pc to $66m


    Egypt-based Sodic, a leading real estate development company, has posted a revenue of EGP1.17 billion ($65.9 million) for the first half of the year, reflecting a year-on-year (y-o-y) increase of 88 per cent.

  • Duqm Refinery inks PMC contract with Amec Foster

    FIRM TO MONITOR EPC PHASE
    Oman’s Duqm Refinery has officially signed the agreement to appoint Amec Foster Wheeler (AFW) engineering consultancy as the project management contractor (PMC) for the refinery’s engineering, procurement and construction (EPC) phase.

  • InterCon signs two new hotels in Dubai Business Bay


    InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced the signing of two new properties in Dubai: Crowne Plaza Dubai Business Bay and InterContinental Residence Suites Dubai Business Bay.

  • Kuwait university city work to complete in 2019


    Construction work on the Sabah Al Salem University City in Al Shadadiyya, Kuwait, is on track for completion in 2019, a report said.

  • Expansion planned for Dubai's Latifa Hospital


    Latifa Hospital for Women and Children in Dubai, UAE, will start work on expansion of its facilities by the last quarter of this year, said a top health official.

  • Oman studies $2bn investment in aquaculture ventures


    Oman’s Ministry of Agriculture and Fisheries is considering several proposals for developing aquaculture ventures in the sultanate, which would entail investments reaching in excess of $2 billion, said a report.

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Construction News

Dewa completes third of 162-km water project

Dubai Electricity and Water Authority (Dewa) has completed 109 km of the 162 km, Dh210 million ($57 million) project to supply, extend and commission water distribution networks....



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