Thursday 23 March 2017

China firm, Al Mobty to build 1.5m 3D printed homes in Saudi Arabia

Leading Chinese 3D printed housing company WinSun said it has reached an agreement with Saudi construction company Al Mobty Contracting Company to lease 100 3D printers and set up a joint venture firm in a deal worth 10 billion yuan ($1.5 billion). The announcement for the Saudi


Bee’ah signs waste collection contract with FedEx UAE

Bee’ah, a Sharjah-based integrated environment and waste management company, has signed a contract with FedEx UAE for three of its facilities, to provide sustainable solutions and waste management strategies. Bee’ah has collected several tonnes of waste and recyclable


Jabal Omar to sell key Makkah real estate assets for $1.6bn

Jabal Omar Development, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has reached an agreement with Alinma Investment Company for the sale of its key assets in Makkah including three major hotels and a shopping mall for SR6 billion ($1.59 billion).


Parsons lands Sharjah airport expansion project

Parsons, a leading engineering services firm, said it has won a contract to provide construction and project management services for the Sharjah International Airport expansion project in the UAE. The scope of work includes oversight of the planning, design, construction, and com


Manateq offers industrial plots in Mesaieed zone

Qatar's state-run Economic Zones Company (Manateq) is inviting applications from potential investors looking to benefit from opportunities in its Mesaieed Industrial Zone, a leading hub for businesses which is located 40 km south of Doha, said a report. The industrial zone pr


Six in race for Oman water desalination project

Six leading consortiums have prequalified to submit bids for an independent water project (IWP) in Oman, with a desalination capacity of 16,000 cu m per day, said a report. These include the Acwa Emirates-Sogex Oman consortium, Utico, the Seven Seas-Aqua Venture Holdings consorti


Sloanes to hand over Jeddah twin towers by year-end

Sloanes Real Estate Brokers, a subsidiary of the Sabban Group of Companies, said its residential twin-towers project, Bayat Plaza, in Jeddah, Saudi Arabia, is now 90 per cent complete and on schedule for handover to investors by December.     Located off the intersection


SirajPower wins RSA Logistics rooftop solar deal

RSA Logistics, a leading provider of third-party logistics in Dubai, UAE, has signed up SirajPower to deliver a solar rooftop solution for its facility in Dubai South. A Dubai-based joint venture, SirajPower is a key provider of comprehensive turnkey net metering solutions on sol


Shapoorji Pallonji names GCC regional head

Leading Indian engineering and construction group Shapoorji Pallonji has appointed Cyrus Engineer as the new managing director for the Gulf region. In his new role at Shapoorji Pallonji International Property Developers (SPIPD), Engineer will lead the company’s overall real


Moroccan developers Vecteur LV, Petra set for merger

Leading Moroccan real estate developers Vecteur LV (VLV) and Petra said they have won approval from the shareholders for their merger, thus leading to the creation of a new commercial real estate platform. As a result of the merger, the combined portfolio now includes 27 assets a

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