South Africa to construct US$ 26 mn campus in Mitchell’s Plain
16th April 2019
According to *Constructionreviewonline news report, South Africa is set to construct US $26m campus in Mitchell’s Plain, Cape Town. Minister of Higher Education and Training, Naledi Pandor announced the reports.[..]
Shumookh Investment and Services signs agreement with Sadeen Group to implement development projects
16th April 2019
According to *Times of Oman news report, Shumookh Investment and Services, the investment arm of the Public Establishment for Industrial Estates (Madayn), signed an agreement with Sadeen Group to implement a number of development projects in the industrial cities of Madayn with an estimated value touching US$120 million.[..]
Speculative building not appropriate practice for developers in the UAE
16th April 2019
According to *Constructionweekonline news report, speculative building is not an appropriate practice at present for developers in the UAE, with demand creation being more necessary for commercial success, a real estate expert from Cavendish Maxwell told Construction Week.[..]
SNC-Lavalin appoints Craig Muir as new president for resources
16th April 2019
According to *Tradearabia news report, SNC-Lavalin, a global fully integrated professional services and project management company, has appointed Craig Muir as the new president for resources. [..]
Saudi Arabia's WEC says 71 developer consortiums express interest in IWP in Yanbu
15th April 2019
According to *Tradearabia news report, Saudi Arabia's Water & Electricity Company (WEC) said a total of 71 developer consortiums have expressed interest in the independent water project (IWP) being set up in the kingdom's Yanbu province using reverse osmosis (RO) seawater desalination technology.[..]
Arabtec Holding reports profits rising 108% to US$ 69.7 mn
15th April 2019
According to *Constructionweekonline news report, UAE construction giant Arabtec Holding has reported its second successive year of growth, with 2018 profits rising 108% to $69.7m (AED256m) after the company continued to cut debt and boost cash flow.[..]
Saudi Arabia’s Expo 2020 Dubai pavilion to be second in size
15th April 2019
According to *Arabian Business news report, Saudi Arabia’s Expo 2020 Dubai pavilion will be second in size only to that of the UAE, it was announced on Sunday.[..]
South African to refurbish wastewater treatment plants in Vaal River
15th April 2019
According to *Constructionreviewonline news report, the South African government has set aside US $24m for refurbishment works on all wastewater treatment plants in Vaal River in Mpumalanga province.[..]
Saudi Arabia’s US$ 500 bn Neom gigaproject to commence construction work
15th April 2019
According to *Constructionweekonline news report, the project team for Saudi Arabia’s $500bn (SAR1.9tn) Neom gigaproject will start moving on-site in the "coming [...] months” to commence construction work, the development’s chief executive officer, Nadhmi Al-Nasr, confirmed.[..]