Tag: CONTRACT

Construction & Real Estate

Majid Al Futtaim awards main contract for Distrikt Ghaf Woods

Majid Al Futtaim, a leading mall developer and leisure pioneer in the region, has awarded the main construction contract worth over AED700 million ($191 million) for its prime residential community in Dubai - Distrikt Ghaf Woods - to Al Sahel Contracting, a part of the Al Nabooda Group. ...

Construction & Real Estate

GCC projects market hit by Iran war, contracts down 9.7pc

The GCC projects market experienced a slowdown in the first quarter due to the Middle East conflict with the total value of contracts plunging 9.7% to $61.2 billion, according to a report. This contraction was driven largely by a substantial downturn in contract awards within Saudi Arabia and UAE. ...

Construction & Real Estate

Durar Group awards main contract for Missoni-branded homes in RAK

UAE-based Durar Group has appointed Ali & Sons as the main contractor for its flagship branded residential development - Moonstone Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah. A premium development, it features 226 sea-facing residences along with key amenities. ...

Construction & Real Estate

Rua Al Madinah awards $2bn contract for superblock five project

Rua Al Madinah, a leading Saudi developer and PIF unit, has awarded a SAR8 billion ($2.1 billion) contract for the construction of superblock five within the holy city’s mega tourism and cultural development, featuring 10 branded hotels including JW Marriott, Le Meridien, Sheraton, Fairmont and Hyatt. ...

Construction & Real Estate

Riyadh Cables lands Saudi power project supply contract

Riyadh Cables Group has announced that it has secured a SAR450 million ($120 million) contract from Saudi-based Mohammed Al Ojaimi Contracting Establishment for supply of cable products for some of its key power generation and transmission projects. ...

Construction & Real Estate

Arada awards contract for K-12 school at mega Sharjah project

UAE developer Arada has awarded the main construction contract for a K-12 school at Masaar, its AED9.5 billion ($2.6 billion) forested megaproject in Sharjah. Developed in partnership with Bright Capital Investment, the new Reigate Grammar School is the first branch campus of a UK school in the emirate. ...

Construction & Real Estate

Egis secures key contract for Kuwait's Mubarak Al Kabeer Port

Egis, a leading construction engineering and mobility service company, has announced that it has secured the contract to provide project management and construction supervision services for Phase 1 of the Mubarak Al Kabeer Port, one of Kuwait’s most strategically important infrastructure projects. ...

Construction & Real Estate

Kuwait awards $3.3bn construction contract for key sewage plant

Kuwait has awarded a major contract worth KD999.8 million ($3.3 billion) to China State Construction Engineering Corp for the construction of North Kabd sewage plant. The scope of work includes design and build as well as operation and maintenance services for over a 10-year period. ...

Construction & Real Estate

Webuild-led consortium wins Riyadh Metro network extension contract

Webuild, a global leader in the design and construction sector, has announced that its consortium - comprising Indian construction conglomerate L&T, Saudi Arabia's Nesma and French rail transport giant Alstom - has secured the contract for the extension of Riyadh Metro’s Red Line network. ...

Construction & Real Estate

Kuwait awards $119m South Sabah Al Ahmad City contract

Kuwait has awarded two contracts worth KD36.5 million ($119 million) for the supply, installation and maintenance of underground 400-kV cables to feed four main substations in South Sabah Al-Ahmad City. The entire work will be completed within 26 months. ...

Construction & Real Estate

AlBawani named main contractor for Hexagon data centre facility

AlBawani, a diversified Saudi industrial conglomerate, has been appointed as the main contractor for the Hexagon Data Center, which is set to become the largest government data centre in the world. Spanning more than 30 million sq ft, the key facility boasts a massive 480MW capacity. ...

Construction & Real Estate

Heisco lands Kuwait power plant maintenance contract

Heavy Engineering Industries & Shipbuilding Company (Heisco) has announced that it has secured a major contract from Kuwait's Ministry of Electricity & Water & Renewable Energy for supply, commissioning and maintenance services related to the construction of lines feeding Al Khairan Power Plant. ...

Construction & Real Estate

Asas Makeen signs up Tashyeed Hayat for key Riyadh projects

Saudi-based Asas Makeen Real Estate Development and Investment Company has announced that it has signed up Tashyeed Hayat Contracting Company for carrying out construction work on several of its prime projects across capital Riyadh. ...

Construction & Real Estate

Kuwait awards $253m infrastructure contract for key water complex

Kuwait has awarded an infrastructure contract worth KD77.7 million ($253 million) to Khalid Ali Al Kharafi & Brothers for its Shuwaikh Water Distribution Complex. The scope of work includes the construction, maintenance, and development of the existing facility. ...

Construction & Real Estate

Saipem snaps up $3.1bn offshore EPCI contract in Qatar

Saipem, a global leader in the engineering and construction of key energy projects, has announced that it has secured an EPCI contract worth $3.1 billion from QatarEnergy LNG for the Comp5 package of its North Field NFPS Offshore Compression Complexes project. ...

Construction & Real Estate

NSCC International lands Riviera Residences project works contract

Leading developer Mered has appointed NSCC International as the enabling works contractor for Riviera Residences, its landmark waterfront development on Al Reem Island in Abu Dhabi featuring more than 400 apartments, 12 exclusive villas and a penthouse. ...

Construction & Real Estate

Dar Global awards main contract for $531m Trump Tower Jeddah

Dar Global, the London-listed luxury real estate developer, has officially awarded the main works contract for SAR2 billion ($531 million) Trump Tower Jeddah to Arabian Construction Company, following the completion of the enabling and foundation works. ...

Construction & Real Estate

Empire awards contract for Dubai Science Park residential complex

UAE-based Empire Developments has signed up Sinyar Al Khaleej Contracting for its mid-rise residential complex, Empire Livings, in Dubai Science Park. Set for handover in Q2 2027, the project will deliver 202 residences as well as modern retail spaces. ...

Construction & Real Estate

Meraas awards contract for Dubai City Walk Northline project

Meraas, a member of Dubai Holding Real Estate, has awarded a AED440 million ($120 million) contract for the development of the City Walk Northline project. The scope of work includes the construction of three premium residential buildings, which is set for completion in Q3 2027. ...