Wednesday 23 July 2014

Al-Futtaim unit wins Fewa HVAC maintenance deal

Al-Futtaim Engineering’s Facilities Management division has won a multi-million dirham contract from the Federal Electricity and Water Authority (Fewa) for annual maintenance of its HVAC units. The two-year contract will see the Al-Futtaim company maintain Fewa's AC uni


Plans to buy land for Manama's Old Suq development

Preparations are in full swing to buy 13 plots of land for the Bahrain government to carry out development projects in Manama’s Old Suq, including car parks, shelters and toilets.    Works Minister Essam Khalaf, C


Bahrain plans $1.7m waterfront park in Tubli

Plans are underway to build a waterfront park and two walkways in Bahrain under a BD650,000 ($1.7 million) scheme.   The scheme has been given the green light by Municipalities and Urban Planning Affairs Minister Dr Juma Al


Saudi 'foils $106bn corrupt land deals'

Saudi Arabia's Ministry of Justice has nullified corrupt land dealings worth a massive SR400 billion ($106.6 billion), a report quoting a judge and Shoura Council member said. The Arab News report said Issa Al-Ghaith revealeded the information on his Twitter account.


Systra wins Jeddah Metro design deal

French company Systra has won a consultancy contract from Saudi Arabia to provide preliminary engineering designs for the Jeddah Metro project, a report said. The contract is valued at SR276 million ($73.59 million), the Arab News report said. The agreement was sig


Nakheel plans new 1,000-villa gated community

Nakheel is bringing a new, gated master planned community of 1,000 villas – including 100 high-end, serviced residences managed by a world-renowned hotel operator – to Dubai, as part of its leasing, hospitality and retail business expansion strategy. Located in Dubai&


Rent-to-own scheme 'could benefit Dubai'

Dubai’s property market could benefit further if rent-to-own schemes are reintroduced by developers, said International property agency Chesterton. A typical rent-to-own real estate agreement is structured like an option contract. It allows the tenant to purchase the proper


Saudi to build $14bn education projects

Saudi Arabia has approved 5,700 new educational development projects worth SR54 billion ($14.3 billion), said a report.   The new projects were aimed at creating a qualitative improvement in the country's educational environment, Education Minister Prince Kh


Foster Wheeler-led JV wins Libya FEED deal

Global Engineering and Construction Group, a subsidiary of leading engineering conglomerate Foster Wheeler, in a joint venture with Taknia Libya Engineering Company, has won a front-end engineering design (FEED) contract from Nafusah Oil Operations, Libyan branch for an onshore oilfield devel


World Cup success for Sabic’s Lexan sheet

Thousands of fans at the Fifa World Cup 2014 matches enjoyed a wonderful new experience – courtesy of Sabic’s high-performance Lexan sheet and systems. These lightweight, high-impact and UV-resistant polycarbonate materials were chosen to create roofing and façades f

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