Wednesday 7 October 2015

German group launches GCC construction safety drive

Peri, a leading German manufacturer of formwork and scaffolding, held a construction safety drive in the UAE and Oman aimed at improving operations and ensuring high safety standards at work sites. Through its Zero Damage presentation centred on safety on site, the company highli


Coral Al Madina Hotel on track for 2016 launch

Coral Al Madina Hotel, one of the several properties scheduled to open next year under the Hospitality Management Holdings (HMH) banner in Saudi Arabia, has entered its advanced stages of construction, said a senior official. Founded in 2003 in Dubai, the HMH is a fully-integrate


Qatar's mega shopping mall to cost $1.48bn

Mall of Qatar, the country's largest leisure, entertainment and shopping complex, will cost QR5.4 billion ($1.48 billion) and will open by Q3 of 2016, said the project's manager/operator. Poised to become one of the largest shopping destinations in the world, Mall of


Hill named project manager for Doha resort

Hill International, a global leader in managing construction risk, said it has secured a contract to provide project management consultancy services for an upcoming resort in Doha, Qatar. The two-and-a-half-year pact worth $2.3 million has been awarded by Contraco.


EIIB-Rasmala expands real estate investment business

European Islamic Investment Bank (EIIB-Rasmala), the London-listed asset management and financing group, has announced the expansion of its real estate business. The expansion comes following the launch of a series of new and innovative funds offerings during 2014, including the


RTA awards Dubai internal roads contract

Dubai's Roads and Transport Authority (RTA) has awarded contracts worth Dh60 million ($16.3 million) for building internal roads at Oud Al Mateena 2 as part of its plan to improve infrastructure in residential neighbourhoods. Announcing the deal, Mattar Al Tayer, the director


Eight firms prequalified for Salalah ammonia project

A total of eight prominent international engineering firms have been prequalified by Salalah Methanol Company (SMC) to bid for a contract to build a major ammonia plant near its facilities in Salalah Free Zone in Oman, a report said. The state-run petrochemical company, jointly o


Dubai apartment prices down 11pc, to drop further

The apartment prices in Dubai, UAE, have fallen 11 per cent in the past one year and will decline further because of tighter regulations, rising inflation and a strong UAE currency, said a report. Inflows of cash from troubled areas of the Middle East helped Dubai's property sector


Oman to float tender to develop water desalination plants

Oman Power and Water Procurement Company (OPWP) is set to float a prequalification tender to build several new water desalination plants across the sultanate, according to a report.   It will include one each in Salalah and Sharqiyah regions, said the Times


Nakheel unveils key projects at German expo

Leading regional developer Nakheel is showcasing its major projects and meeting potential new investors at the 2015 Expo Real, a global trade fair for property and investment, being held in Munich, Germany. The expo, which opened at the New Munich Trade Fair Centre on Monday, con

 1 2 3 4 5 >  Last ›

calendarCalendar of Events