Archive for February, 2017

Musanada floats tender for 250 Abu Dhabi villas

Musanada floats tender for 250 Abu Dhabi villas

23/02/17

Closing date for tender is March 5, 2017   Abu Dhabi General Services (Musanada), a government-owned company, has floated a tender for the construction of 250 villas in the Al Samha area of Abu Dhabi. According to a statement on its website, the closing date for the tender is March 5, 2017. The villas are […]

Saudi Arabia hires Bechtel to run infrastructure projects office

Saudi Arabia hires Bechtel to run infrastructure projects office

23/02/17

Saudi Arabia has appointed US-based Bechtel Corp, one of the world’s largest industrial contractors, to run a new oversight office tasked with reducing inefficiencies and trimming costs on state infrastructure projects. Bechtel will help the Saudi government set up and run its new National Project Management Organization (NPMO), known in Arabic as Mashroat, it said […]

Nakheel receives Dh4.2b low bid for Deira Mall

Nakheel receives Dh4.2b low bid for Deira Mall

23/02/17

Three bids received for retail hub to be built in Deira Islands Dubai: Nakheel said on Monday it received three construction bids for Deira Mall, the retail, dining and entertainment hub planned for its Deira Islands project. The lowest of the bids submitted before Monday’s deadline was Dh4.2 billion, the developer said. Deira Mall is […]

Riyadh Metro to be operational by 2019

Riyadh Metro to be operational by 2019

23/02/17

The Riyadh metro project is on schedule to be fully-operational by 2019, officials from the High Commission for the Development of Arriyadh announced at a press conference on Thursday. At a cost of $23bn, the metro is one of the world’s largest urban transport projects and is set to handle 3 million commuters to relieve […]

Qatari-Turkish JV wins deal to build 2022 World Cup stadium

Qatari-Turkish JV wins deal to build 2022 World Cup stadium

23/02/17

40,000-seater Al Thumama Stadium is scheduled for completion in 2020; will host matches up to quarter-finals The organisers of the 2022 FIFA World Cup in Qatar has awarded the main construction contract for the seventh stadium hosting tournament matches. The Supreme Committee for Delivery & Legacy (SC) said the 40,000-seater Al Thumama Stadium will be […]

Balfour Beatty to exit Mideast joint ventures

Balfour Beatty to exit Mideast joint ventures

23/02/17

UK contractor agrees $13.7m cash deal to sell entire share in Dutco Balfour Beatty and BK Gulf   Balfour Beatty, the international infrastructure group, has announced plans to exit two Middle East joint ventures. It says it has reached a cash agreement with its joint-venture partner to sell the group’s entire share of Dutco Balfour […]

Abu Dhabi’s Mamsha Al Saadiyat works ‘22% complete’

Abu Dhabi’s Mamsha Al Saadiyat works ‘22% complete’

16/02/17

Mixed-use development has completed construction of basement and podium, work on upper levels has begun, TDIC says   Abu Dhabi Tourism Development and Investment Company (TDIC) has said it has achieved a significant milestone at its beachfront Mamsha Al Saadiyat project, which has achieved 22% completion of development works. The mixed-use development is located at […]

Saudi Arabia approves two airport locations

Saudi Arabia approves two airport locations

16/02/17

Domestic air hubs to be built in northern and southeastern clusters of Riyadh region   Saudi Arabia has given the green light to the location for two domestic airports set to be built in the Riyadh region, according to media in the kingdom. Riyadh Gov. Prince Faisal bin Bandar has endorsed recommendations regarding the locations […]

Dubai’s Nakheel starts work on $230m Ibn Battuta projects

Dubai’s Nakheel starts work on $230m Ibn Battuta projects

16/02/17

Plans include residential tower, retail expansion, cinema and car park complex at landmark mall   Developer Nakheel says it has started work on projects worth AED850 million ($231m) at its Ibn Battuta Mall complex in Dubai. The works include a new 55-storey residential tower, a 16-screen cinema complex, multi-storey car park and retail expansion, Nakheel […]

Qatar: 90% of World Cup 2022 projects awarded

Qatar: 90% of World Cup 2022 projects awarded

16/02/17

Prime Minister says works expected be executed on schedule   About 90% of FIFA World Cup 2022 projects, across all sectors, have been awarded and are expected to be executed on time, the Prime Minister and Interior Minister of Qatar has said. According to a report in The Peninsula, a Qatari newspaper, Sheikh Abdullah bin […]

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