600,000 Saudis eligible for housing aid
More than 600,000 Saudi Arabian families have been found eligible for housing aid under a new scheme designed to ease a shortage of homes which has depressed living standards and is politically sensitive for the government.
Safety standards in built environment in focus
The safety standards and practices in the build environment will be the focus of a conference to be held in Kuwait next month.
$78m Saudi industrial cities contracts awarded
The Royal Commission for Jubail and Yanbu has awarded two contracts amounting to SR293 million ($78.11 million) related to key projects in the industrial cities of Ras Al-Khair and Jubail.
Qatar offers help to rebuild Gaza
Qatar has offered to help rebuild the war-ravaged Gaza Strip following the ceasefire agreement between Israel and Palestinians.
Two-day weekend proposal stays: Saudi ministry
The Saudi Labor Ministry has clarified that it has no plans to withdraw a proposal for 40-hour work week and two-day weekend system in the private sector, a report said.
Nakheel awards $20m Palm Jumeirah complex deal
Dubai developer Nakheel has awarded a Dh75 million ($20.3 million) contract to build a new residential complex with 130 apartments on Dubai’s Palm Jumeirah island.
Rashid Hospital’s trauma unit expansion by mid-2015
The expansion of the Trauma and Emergency Centre of Dubai’s Rashid Hospital will be completed by July 2015, said a top Dubai Health Authority (DHA) official.
Dubai Expo 2020 venue master planning on fast track
HOK-ARUP TEAM LEAD PROJECT
Master planning for the host venue for Dubai Expo 2020 at the Dubai Trade Centre - Jebel Ali, a 438-hectare site, is fast progressing and has entered the next stage in design, a report said.
Algeria eyes $262bn investment; boost for infrastructure
Algeria will launch a new five-year investment plan worth $262 billion to boost domestic production and move its economy away from reliance on oil and gas, the government said.
Arabtec ex-CEO eyes $1.3 per share
Hasan Ismaik, the former chief executive of Arabtec, said he was in talks on selling some of his stake to Abu Dhabi's Aabar Investments and wanted over Dh5 ($1.3) per share, about 4 per cent above the current market price.
Dubai Municipality backs smart city event: Tasweek
Tasweek Real Estate Development and Marketing, a provider of comprehensive real estate development solutions for the UAE and the broader Middle East, said Dubai Municipality has backed the ‘Smart Living City - Dubai 2014.’
CPC, Qalaa complete Sphinx Glass transaction
Saudi Arabia’s Construction Products Holding Company (CPC) and Qalaa Holdings marked today the completion of their EGP1.3billion ($180 million) transaction on leading Egyptian float glass manufacturer Sphinx Glass.