News

Dubai Properties awards $55m contract for Bellevue Towers

Dubai Properties awards $55m contract for Bellevue Towers

11/05/17

Real-estate master developer Dubai Properties (DP) has announced that SEIDCO General Contractor is to work on the Bellevue Towers residential development. The contract is worth more than AED200 million ($55 million), according to a statement by the developer. SEIDCO has experience across a wide range of construction projects including high-rise residential buildings and housing complexes. […]

Nakheel releases tender for $182m RIU resort in Dubai

Nakheel releases tender for $182m RIU resort in Dubai

11/05/17

Nakheel, the Dubai-based real estate developer, has released a construction tender for an 800-room beachfront resort and water park at Deira Islands. Developed as a joint venture between Nakheel and the Spanish hospitality group RIU Hotels and Resorts, the project has an investment value of $182.4 million. The resort is also RIU’s first in the […]

Construction outlook improves in GCC, report says

Construction outlook improves in GCC, report says

04/05/17

The outlook for construction companies in the GCC will improve in 2017, according to the latest industry research report from MEED In Outlook for GCC Construction 2017, MEED reports that the region still offers significant opportunities for construction companies despite the slowdown in project spending. But the report warns that a fall in the volume […]

Plans unveiled for Sharjah’s tallest tower

Plans unveiled for Sharjah’s tallest tower

04/05/17

Jannah Al Khan Hotel & Spa will have 57 floors once it is completed. Developer Jannah Hotels & Resorts has announced plans for what will be Sharjah’s tallest tower upon its completion. The Jannah Al Khan Hotel & Spa mixed-use development will have 57 floors once completed, and be located at the Al Khan Lagoon, […]

Dubai’s Damac awards $11m contract for infra works

Dubai’s Damac awards $11m contract for infra works

04/05/17

Proscape to carry out roads and infrastructure works for Vardon Cluster within Akoya Oxygen. The Dubai developer Damac says it has awarded Proscape LLC a contract worth AED 40 million ($11m) for the roads and infrastructure works at Vardon cluster within Akoya Oxygen. Mohammed Tahaineh, Senior Vice President for Commercial at Damac Properties, said: “We […]

RTA approves $218m road project in Dubai

RTA approves $218m road project in Dubai

04/05/17

Works will link the Jumeirah district with Al Khail Road and the Parallel Roads. Dubai’s Roads and Transport Authority (RTA) has announced that work is set to start on a major roadworks project that will link the Jumeirah district with Al Khail Road and the Parallel Roads. The project will cost $218 million and it […]

Abu Dhabi’s Aldar ‘to issue tenders for four projects’

Abu Dhabi’s Aldar ‘to issue tenders for four projects’

04/05/17

Aldar Properties will issue main construction tenders for four of its projects and award them in the second half of this year, a top executive of the Abu Dhabi-based real estate developer has said. Talal Al Dhiyebi, Aldar’s chief development officer, told Reuters at the Cityscape Abu Dhabi conference last month that among the projects […]

Mideast construction industry on road to recovery – expert

Mideast construction industry on road to recovery – expert

27/04/17

David Clifton, regional development director at Faithful+Gould, says Dubai and Saudi Arabia are two standout markets with regards to growth potential in 2018 and 2019   The decline of the Middle East construction industry is finally at an end, and recovery is on the table according to an article written by David Clifton, regional development […]

Dubai to build giant park

Dubai to build giant park

27/04/17

Dubai Holding plans to develop the largest public park in the emirate over a sprawling 1.43 million sq m at Dubailand in partnership with the Dubai Municipality. The park will feature 30 km of pedestrian pathways, 20 km of  jogging track, 14-km cycle tracks and 7-km nature trails. It will also include 55 playgrounds for […]

Piling work at resort

Piling work at resort

27/04/17

NakheeL has floated tenders for the piling works at a Dh900-million ($245 million) hotels and resorts project being developed with Spanish hospitality group RIU at Deira Islands in Dubai. RIU Hotels & Resorts is an 800-room property being jointly developed by Nakheel at Deira Islands. The JV partners have already signed up international consultants Dar […]

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