Sunday 30 April 2017

Petrofac wins new $70m EPC contracts in Iraq

Petrofac has secured a series of contract awards worth more than $70 million for engineering, operations and maintenance services in Iraq. Petrofac’s Engineering and Production Services’ (EPS) East business secured the awards during the first quarter of 2017 with two


UAE developer launches Bahwan Tower for sale

UAE-based developer Utmost Properties - a part of the Suhail Bahwan Group - has launched for sale its first freehold residential project, Bahwan Tower in Dubai. Cluttons has been appointed as exclusive sales agent for the project which is due to be completed by year-end.  


GCC construction outlook bright despite spending cuts

The outlook for construction companies in the GCC is poised to improve in 2017, as the region still offers significant opportunities for construction companies, said a report. The region’s strongest markets over the past 12 months were Dubai, Kuwait and Bahrain, which saw i


Saudi developers going virtual to woo investors

Real estate developers in Saudi Arabia have begun to employ virtual reality (VR) technology as an innovative way to marketing their projects before the potential buyers, said industry experts. The VR technology comes handy as it enables customers and interested people, whether te


Airolink wins $760m construction contracts in Q1

Airolink, a leading UAE-based design-and-build construction conglomerate, said it has won new project contracts worth Dh2.8 billion ($760 million) across the region during the first quarter. With this, the total value of the company's current order book has risen to Dh4.4 bil


Al Shirawi FM wins Dubai Esco accreditation

Al Shirawi FM, a leading single-source provider of integrated facilities management in the UAE for mixed-use, commercial, residential, hospitality, industrial, education and retail projects, has been accredited by the Dubai government’s Regulatory and Supervisory Bureau (RSB) for Electric


Dewa switches to smart power plants system

Dubai Electricity and Water Authority (Dewa) has transformed all its independently-operating power stations into a network of smart-grid-enabled power plants, said a report. The project involves the development of information systems at each station to transmit joint performance


Dubai to start work on $218m road project

Dubai's Roads and Transport Authority (RTA) is set to start work on a major project linking Jumeirah district with Al Khail Road and the Parallel Roads at a cost of Dh800 million ($218 million). It is due to be completed in the first quarter of 2019. The RTA move comes follow


UAE management consultants body names chairman

The  board of the UAE Association for Management Consultants and Trainers (AMCT) has elected Dr Ali Sebaa Al Marri, the executive president of Mohammed Bin Rashid School of Government (MBRSG), as its new chairman.   Licensed by the Ministry of Community Dev


Bahrain Disability Complex work in full swing

Work is progressing at a steady pace on the Comprehensive Disability Complex, a BD7.41-million ($19.5 million) project coming up in A’Ali area of Bahrain, with 65 per cent project already completed. It is one of the biggest and most specialised complexes for the disabled in

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