Red Sea Housing rolls out game-changer product
Saudi-based Red Sea Housing Services Company has launched its pre-fabricated range of products built using innovative modular construction techniques which are ideal for residential and hospitality projects.
First Group wins award for Dubai hotel property
First Group, a UAE-based hotel and property development company, has been awarded top honours at the Africa & Arabia Property Awards 2016-17 for its hospitality project - the 34-storey glass-clad Millennium Place JVT Dubai.
UDC wins top honours at Arabian Property Awards
Qatar-based United Development Company (UDC) has won two major awards - Best Commercial High-Rise Development and Highly Commended Mixed-Use Development - at the Arabian Property Awards 2016 held recently in Dubai.
UAE tower enters Guinness for record concrete pour
Geepas Tower, an upcoming development in the UAE, entered the Guinness World Records along with the project contractor Gulf Asia Contracting (GAC), for the largest continuous concrete pour (of 19,793 cu m for 42 hours) in the world.
Bahrain developer partners with ByrneLooby
Diyar Al Muharraq, one of the leading urban developers in Bahrain, has partnered with engineering firm ByrneLooby to implement new projects to enhance the marine environment.
Dubai Holding unveils Jumeirah Central masterplan
URBAN MIXED-USE CITY
Dubai Holding has unveiled the approved masterplan of Jumeirah Central, a game-changing district development on Dubai's Sheikh Zayed Road, designed by Californian architects 5+design.
Expo 2020 Dubai work in rapid progress
More than 4.7 million cu m of earth has been recycled and moved in preparation for the construction phase of Expo 2020 Dubai at the 4.38-sq-km development site in Dubai South, UAE, according to the latest operational update.
RAK Ceramics launches new global brand identity
UAE-based RAK Ceramics, one of the largest ceramics manufacturers in the world, has announced the launch of its new corporate brand identity which is designed to unify all of its global subsidiaries.
Saudi Aramco plans to spend $334bn in next 10 years
INFRASTRUCTURE KEY FOCUS
Saudi Aramco is forecast to spend about $334 billion on various sectors including materials and services such as infrastructure and projects to maintain oil capacity by 2025, an Aramco official said on Monday.
Siemens' 1,000th gas turbine arrives at Qatar power plant
Siemens recently celebrated the arrival of the company’s 1,000th gas turbine produced at its Berlin factory for the Umm Al Houl combined cycle power plant in Qatar.
Dubai's residential sale prices 'set for further decline'
TRANSITION TO MATURE MARKET
The average residential sale prices in Dubai, UAE, which registered a sharp drop in the first half, are likely to fall further in coming months, thus reflecting a transition to a more mature market, said a report.
Nearly quarter of PPP projects abandoned in Mena
LACK OF FEASIBILITY STUDIES
Nearly a quarter of the public private partnership (PPP) projects launched in the Middle East and North Africa (Mena) region are abandoned, owing to poorly structured deals and lack of detailed feasibility studies, said a report.