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Sabic unveils green plastics for constructionSaudi Basic Industries Corporation (Sabic) recently unveiled friendly plastic construction materials that are aesthetically pleasing yet practical at a leading plastics and rubber industries exhibition in China. Titled Archi-Light Concept House, the themed exhibition was unveiled More… |
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Arabtec appoints new chief risk officerArabtec Holding, a leading construction company in Mena, has appointed David Doyle as chief risk officer. Doyle will lead a function focused on risk management and control to support the company’s performance and reputation, it added. He will also be responsible for leading More… |
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1,800 contracting workers in Bahrain end strikeAn estimated 1,800 workers who went on strike at Bahrain contracting firm G P Zachariades (GPZ) five days ago, claiming they hadn't been paid for the past two months, returned to work yesterday (May 22). Labour Ministry officials attended a meeting between them and the compan More… |
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200 Arabtec workers to be repatriatedAbout 200 Arabtec workers, who took part in a four-day strike by foreign workers seeking higher pay, will be repatriated to their home countries, Dubai's police chief has said. Thousands of workers stay More… |
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Abyaar announces Dubai project deliveryDubai-based Abyaar Real Estate Development Company has announced the delivery of the phases I and II of its prestigious Acacia Villas project located at Acacia Avenues, the first freehold development in Dubai’s prime Jumeirah district. Abyaar is one of th More… |
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Dar Al Arkan raises $450m from sukuk saleSaudi Arabia's Dar Al Arkan Real Estate Development Company has announced the launch of a SR2.8 billion ($750 million) International Islamic Sukuk Programme, in multiple tranches over a twelve month period. The order book for the first tranche was opened on May 20 and closed the ne More… |
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Arabtec workers end strike; dispute 'resolved'Dubai contractor Arabtec said on Wednesday that it had amicably resolved a labour dispute that resulted in a four-day work stoppage without clarifying whether the workers' demand for higher wages were met. More… |
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Bahrain launches project for 4,500 homesThe foundation stone for a 270-hectare project featuring up to 4,500 housing units, one of the key strategic development schemes in Bahrain, was laid yesterday (May 21), a report said. His Majesty King Hamad deputised HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Sup More… |
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Qatari group unveils $823m giant mall projectQatar-based UrbaCon Trading and Contracting (UCC) is developing a mammoth mall project, the Mall of Qatar, in Doha at a cost of over QR3 billion ($823.2 million) which will feature more than 400 stores, fine dining and world class entertainment. Unveiling the project plans, the d More… |
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Tecom announces new operational structureTecom Investments, a wholly-owned subsidiary of Dubai Holding, today announced a new operational structure, which will allow the company to focus on its core business of developing and operating business parks. Under the new structure, Tecom Investments real estate business will More… |
