Sunday 25 January 2015

Johnson Controls to supply chillers to Kuwait varsity

US-based Johnson Controls, a global multi-industrial company, will supply 36 energy efficient York centrifugal chillers for Kuwait University’s Shadadiyah Campus. The six-million-sq-m campus is designed to be one of the most energy efficient campuses in the world, home to 4


Kuwait company wins Iraq airport project

Kuwait-based Al-Nasriyah Company has signed an agreement with Iraqi National Investment Commission (NIC) for the development of a new cargo airport in Diwaniya governorate of Iraq at a cost of $1.35 billion, said a report. The new airport, which will be spread over an area of 17,


Dubai Investments Park spends $1bn on infrastructure

Dubai Investments Park (DIP), the largest integrated commercial, industrial and residential community in the Middle East and wholly-owned by Dubai Investments (DI), has spent over Dh4 billion ($1.008 billion) in the last 17 years aimed at building and elevating its infrastructure to world-class


Taylor Wessing backs Oqyana real estate project

International Law firm Taylor Wessing has announced its support for a major private floating island villas project that will come up on ‘The World Islands’ development in Dubai, UAE. The exclusive villas project is being developed by Kuwait-based Oqyana Real Estate an


SSH wins global ranking for 5th consecutive year

SSH, a leading infrastructure, building design and project management firm in the Middle East, said it has made it to the 'Top 100 Architecture Companies' list for the fifth year in a row. Ranked by World Architecture 100, SSH was recognised as #3 amongst the top ten arch


Drake & Scull wins $49m residential tower contract

 Dubai-based contractor Drake and Scull International (DSI) said one of its subsidiaries has been awarded a Dh180 million ($49 million) engineering contract for a 38-storeyed residential tower, located at Jumeirah Village South in Dubai, UAE. The Reef Residence project is being de


ADGM signs 50-year lease for HQ with Mubadala

Abu Dhabi Global Market (ADGM), the international financial centre in the UAE capital, has signed a 50-year lease with Mubadala Development, towards making the building at Al Maryah Island ADGM’s headquarters. The property, owned by Mubadala subsidiary AlSowah Square Proper


Qatar Red Crescent builds hospital in Gaza

Qatar Red Crescent (QRC) has built a $12 million special surgical facility at Gaza Al Shifaa Medical Complex, a report said. The building, which is expected to be fully ready by the year-end, is being furnished and equipped with a budget of $18 million, added The Peninsula


Oman's new tram plan to boost property prices

Oman government’s announcement to investigate the possible introduction of a tram service across Muscat is the first sign of a long-awaited public transportation infrastructure plan, with the city’s real estate landscape directly expected to benefit in the long term, said a report.


Arabtec unit wins $152m contracts in Abu Dhabi

Dubai's Arabtec Holding has won two contracts in Abu Dhabi worth Dh560 million ($152.5 million) combined through its Target Engineering unit, the builder said on Sunday. Abu Dhabi National Oil Company (Adnoc) has awarded a Dh345 million contract to expand a housing complex in

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