Saturday 20 September 2014
 
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Construction

Bahrain awards $19.5m construction tenders

Bahrain awarded nine contracts worth a total of BD7.42 million ($19.5 million) for roads, sanitary and construction work in August, besides inviting bids for seven more tenders worth an estimated BD4.09 million ($10.8 million). Th

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Al Futtaim, Al Hail Orix to provide equipment finance

In a major boost to the UAE construction sector, two Dubai-based financial institutes -- Al Hail Orix and Al Futtaim Finance -- have joined hands to provide equipment finance solutions.   Al Hail Orix Finance is a joint ventur

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Al Futtaim, Al Hail Orix to provide equipment finance

In a major boost to the UAE construction sector, two Dubai-based financial institutes -- Al Hail Orix and Al Futtaim Finance -- have joined hands to provide equipment finance solutions.   Al Hail Orix Finance is a joint ventur

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New construction head for Taylor Wessing

International law firm Taylor Wessing has appointed Nick Carnell as head of construction at its Dubai office. Carnell's appointment brings the total number of partners in the Dubai office to seven and follows the recent appoin

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New construction head for Taylor Wessing

International law firm Taylor Wessing has appointed Nick Carnell as head of construction at its Dubai office. Carnell's appointment brings the total number of partners in the Dubai office to seven and follows the recent appoin

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600,000 Saudis eligible for housing aid

More than 600,000 Saudi Arabian families have been found eligible for housing aid under a new scheme designed to ease a shortage of homes which has depressed living standards and is politically sensitive for the government. Out of

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600,000 Saudis eligible for housing aid

More than 600,000 Saudi Arabian families have been found eligible for housing aid under a new scheme designed to ease a shortage of homes which has depressed living standards and is politically sensitive for the government. Out of

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Nakheel awards $20m Palm Jumeirah complex deal

Dubai developer Nakheel has awarded a Dh75 million ($20.3 million) contract to build a new residential complex with 130 apartments on Dubai’s Palm Jumeirah island.   The developer has awarded the deal to the UAE-based Tr

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Arabtec ex-CEO eyes $1.3 per share

Hasan Ismaik, the former chief executive of major Dubai construction firm Arabtec, said he was in talks on selling some of his stake to Abu Dhabi's Aabar Investments and wanted over Dh5 ($1.3) per share,  about 4 per cent above the curr

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Dubai construction material prices steady

The prices of individual construction materials in Dubai, UAE, remained more or less steady during the second quarter of 2014 compared to the same period last year, said a report. In the cement category, the prices of ordinary Por

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