Thursday 24 April 2014
 
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Construction

Drake and Scull wins $40m Algeria contract

Dubai construction firm Drake and Scull International has won a 147 million UAE dirham ($40 million) project to build a mixed-use development in the capital of Algeria, the company said on Wednesday. Drake and Scull will undertake

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Khodari Q1 operating profit falls on labour costs

Major Saudi Arabian construction firm Abdullah A M Al-Khodari Sons said on Sunday that its net profit for the first quarter of this year jumped 78 percent on the back of earnings from an auction of plant and machinery. Net profit

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Riyadh metro project work kicks off

Saudi Arabia has begun construction work on its long awaited first metro rail system in Riyadh. The multi-billion project will involve six rail lines extending 176 km and carrying electric, driverless trains, in what Saudi officia

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Oman extends ban on expat workers

Oman has extended a ban on employing expatriate construction workers and housekeeping staff in the sultanate's private sector by another six months, a report said. The six-month ban was due to expire on May 1, the Times of Oma

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Oman extends ban on expat workers

Oman has extended a ban on employing expatriate construction workers and housekeeping staff in the sultanate's private sector by another six months, a report said. The six-month ban was due to expire on May 1, the Times of Oma

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Saudi labour reform impact to start fading in H2: Al-Khodari

Major Saudi Arabian construction firm Abdullah A M Al-Khodari Sons expects labour reforms to keep weighing on its bottom line for a few more years, but the situation will start improving in the second half of 2014, its chief executive said.

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Saudi labour reform impact to start fading in H2: Al-Khodari

Major Saudi Arabian construction firm Abdullah A M Al-Khodari Sons expects labour reforms to keep weighing on its bottom line for a few more years, but the situation will start improving in the second half of 2014, its chief executive said.

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Arabtec names construction unit chief

Arabtec Holding, a leading engineering and constructions group, has appointed Dr Nabil Ailabouni as the chief executive officer of Arabtec construction. Dr Ailabouni will be responsible for the global operations of Arabtec constru

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UAE market upbeat as $23bn projects to be awarded

The UAE is set to award $23 billion worth of construction projects in 2014, of which more than $5 billion contracts will be given in the first quarter alone, said a report. Meanwhile, work began at stalled real estate projects wor

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Nakheel awards Dubai project contract

Dubai developer Nakheel has awarded a contract worth Dh700 million ($191 million) to Ginco General Contracting for construction of its Warsan Village Community, said a report. The contract covers the construction of 936 townhouses

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