News

Musanada to hand over Al Hayer development in 2019

Musanada to hand over Al Hayer development in 2019

08/06/17

The Al Hayer residential project in Al Ain will be handed over early in 2019, according to a statement made by Abu Dhabi-based Musanada. The project is an integrated housing development, and has earned a 2-pearl rating by the Abu Dhabi Urban Planning Council (UPC). The project is said to be a part of Musanada’s […]

Emaar: $48m bridge in Dubai is 90% complete

Emaar: $48m bridge in Dubai is 90% complete

08/06/17

Emaar has announced that more than 90% of the work for the $48 million Al Khail and Financial Centre Bridge is complete, and that work is expected to be completed by the end of this year. Running from Al Khail Road to the Financial Centre Road, the project is being developed in conjunction with Dubai’s […]

118 road infrastructure projects underway in Oman

118 road infrastructure projects underway in Oman

08/06/17

77 interchanges and 41 bridges are under implementation in different governorates of Oman, the Omani Ministry of Transport and Communications has said. According to a report in the Oman Observer, the projects being implemented this year include 23 flyovers, 67 underpasses, 34 pedestrian bridges and more than 2,900 viaducts. The first phase and part of […]

26,000 buildings under construction in Dubai

26,000 buildings under construction in Dubai

08/06/17

There are more than 26,000 buildings under construction across Dubai, the buildings department of Dubai Municipality (DM) has said, indicating that construction activities in the city seem to have hit a new high. In a report by Gulf News, Dubai Municipality said that there are 16,870 developers’ villas, 1,238 multi-storied buildings, 770 general buildings, 737 […]

Sheikh Mohammed launches Dubai's new $1.7bn mega-project

Sheikh Mohammed launches Dubai’s new $1.7bn mega-project

18/05/17

Marsa Al Arab will include three new hotels, marine park, new Wild Wadi, Middle East’s first Cirque du Soleil theatre and a private resort, all to be built on two islands Dubai Ruler Sheikh Mohammed has announced the launch of Marsa Al Arab, Dubai Holding’s latest tourist destination development in the emirate. The $1.7 billion […]

Dubai secures $3bn loan for expansion of airports

Dubai secures $3bn loan for expansion of airports

18/05/17

Funding will be used to develop and expand both Dubai International Airport and Al Maktoum International Airport. Dubai’s government has said that it has secured $3 billion in long-term financing for the expansion of its airports, one of three multi-billion-dollar infrastructure projects that the emirate is planning to fund through debt, together with the building […]

Dubai Holding unveils $1.7bn Marsa Al Arab megaproject

Dubai Holding unveils $1.7bn Marsa Al Arab megaproject

18/05/17

Two-island project on either side of the Burj Al Arab hotel is set to break ground in June and complete by late 2020   Dubai Holding on Sunday unveiled Marsa Al Arab, a AED 6.3 billion ($1.7 billion) megaproject geared towards tourists that is set to be built on two islands on either side of […]

GCC building contracts to hit an all-time high of US$85.6bn

GCC building contracts to hit an all-time high of US$85.6bn

18/05/17

The Big 5 Heavy, Middle East’s largest event for the heavy construction industry, is expected to grab global contracts worth US$85.6bn in 2017, up seven per cent from US$79.5bn in 2016 for the regional construction market, states GCC Building Construction Market Report According to the report, the UAE tops the regional list of ranking, receiving […]

Top 10 GCC contract wins - April 2017

Top 10 GCC contract wins – April 2017

11/05/17

1. SNC-Lavalin wins FEED deal for Saudi Aramco plant Canadian contractor SNC-Lavalin has been awarded an engineering and project management contract by Saudi Aramco. The contract has been awarded as part of the Berri Increment Program. SNC-Lavalin‘s scope of work includes front-end engineering design (FEED) for a 250 MBCD [thousand barrels of oil per calendar […]

Contractors resubmit bids for Guggenheim Abu Dhabi

Contractors resubmit bids for Guggenheim Abu Dhabi

11/05/17

Construction companies have been asked to recommence their tender bid bonds for Guggenheim Abu Dhabi.  The news comes after Sufian Hasan Al Marzooqi, chief executive officer, Tourism Development and Investment Company (TDIC), confirmed in April that the museum was not on hold. “The commercial bid was submitted long time ago. It was verified and discussed, […]

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