Wednesday 20 August 2014

Arab Contractors in $180m Algerian industrial zone deal

The Arab Contractors, a leading construction firm in Egypt, is implementing three major industrial zones worth $180 million in Algeria, said a report. The cost includes utilities alongside other infrastructure works for the three projects, Ashraf Rateb,  head of the African


64pc UAE firms to hire junior executives

More than 64 per cent of companies in the UAE will look to hire up to 10 employees in the coming three months, mostly for junior executive positions, according to a recent survey.’s Middle East and North Africa Job Index Survey and a research and consulting organis


Construction under way for Busiateen centre

The foundation for the main building of Busaiteen Social Centre has been completed, Ministry of Works Assistant Undersecretary for Construction and Maintenance Projects Mona Al Motawa has revealed. Work is currently under way to construct the ground floor and the electricity sub-statio


Construction projects worth $212bn under way in UAE

The volume of announced and planned projects in the UAE in 2014 is expected to be worth $315 billion, and as of May 2014, $212 billion worth of construction projects were under construction, a new report said. The UAE’s construction market is expected to return to near full


KMC appoints new Bahrain operations director

Kuwait-based property developer KMC has appointed Hasan Adel Abu Hassan as new operations director for Bahrain. Abu Hassan will be responsible for the execution and delivery of existing and upcoming projects and will be focusing on the ongoing growth and expansion of KMC, sad a r


Al Tijaria Real Estate sets up firm in Bahrain

Kuwait-based Al Tijaria Real Estate Company has established a new real estate development company in Bahrain, said its chairman and managing director. Al Tijaria Real Estate Development Company in Bahrain is 100 per cent owned by “Al Tijaria” the Commercial Real Estat


Bahrain approves $1.6bn infrastructure projects

Bahrain has approved 674 new infrastructure projects this year, worth BD640 million ($1.6 billion), it was revealed. The projects are part of plans for major urban development with improved sustainable infrastructure, said a report in the Gulf Daily News (GDN), our sister publica


Archiprix opens nominations for architect awards

Archiprix International, a biennial competition for the best graduation projects in architecture, urban design and landscape, has opened award nominations to honour young architectural talent in Mena. Dutch manufacturer Hunter Douglas has extended its partnership for the awards.


IKEA annnounces plans for first store in Bahrain

IKEA Saudi Arabia, a leading home furnishings company, has announced plans to open its first store in Bahrain in a premium destination mall in the kingdom's capital Manama. The 30,000 sq m store will be part of the expansion plan by IKEA Saudi Arabia, a member of the Ghassan Ahmed


DIP posts 10.5pc rise in warehousing leases in H1

Dubai Investments Park [DIP], the largest self-contained mixed-use in the Middle East, leased over 950,000 sq ft of warehousing facilities in the first six months of 2014, marking a 10.5 per cent increase over the first half of last year. This corresponds to 10.5 per cent increas

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