Construction Industry News

ACC wins Jeddah Emaar Square contract

ACC wins Jeddah Emaar Square contract

11th August 2014

According to a company press release, the UAE-based Arabian Construction Company (ACC)  won the construction contract for a major commercial project being developed by Emaar Middle East in Jeddah. The cost of the projects is estimated at SR 150 million (US$ 40 million). Work on Emaar Square is expected to commence soon and ACC will build three buildings as part of the project, scheduled to be delivered in 2016.[..]

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Eleven firms submit applications for Oman power projects

Eleven firms submit applications for Oman power projects

7th August 2014

As many as 11 international firms and consortia are considering bids to build two major power plants in Oman, according to first reports by ConstructionWeekOnline.com . Statements of Qualifications (SoQ) from all 11 applicants were submitted to Oman Power and Water Procurement Company (OPWP) by last Sunday’s (3 August) deadline for interested developers to furnish their credentials.[..]

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Dubai aims to bid to host the 2024 Olympic Games

Dubai aims to bid to host the 2024 Olympic Games

7th August 2014

Dubai's head of sports told Xinhua news agency that Dubai is aiming to bid to host the Olympics Games within the next eight years."Hosting the Olympics is a dream. We hope to submit such a bid within the next eight years, God willing," Ali Omar, the director of Dubai Sports Council (DSC), confirmed that submitting an application to host the world’s biggest sporting event was still on the cards.[..]

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Skai Holdings to build new US$ 326.9 mn Dubai hotel

Skai Holdings to build new US$ 326.9 mn Dubai hotel

7th August 2014

Property investment company, Skai Holdings, which is currently building the US$ 1 billion Palm Viceroy hotel in Dubai, has announced plans to build a US$ 326.9 million (AED 1.2 billion) four-star hotel in the city's Jumeirah Village Circle district, according to news reports in websites ConstructionWeekOnline and Gulf business.[..]

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