Construction Industry News

Nakheel to launch new 1,000 villa gated community in Dubai

Nakheel to launch new 1,000 villa gated community in Dubai

21st July 2014

Dubai master developer Nakheel announced on Saturday, the launching  of a new gated community of 1,000 villas - including 100 high-end, serviced residences managed by a world-renowned hotel operator. Located in Dubai's Nad Al Sheba district, the development will comprise a total of 900 three to five bedroom villas for lease and a separate resort-style complex of 100 high-end, serviced homes - all with private swimming pools, the developer said in a statement.[..]

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Abu Dhabi picked to host world's annual top sailing regatta for six years, receives tourism boost

Abu Dhabi picked to host world's annual top sailing regatta for six years, receives tourism boost

21st July 2014

The International Sailing Federation's (ISAF) World Cup Final - the world's pinnacle sailing regatta contested by the best Olympic-class competitors - is on its way to the UAE. The ISAF has agreed to stage the ISAF Sailing World Cup Final in the UAE capital for the next six years, starting this year, following an approach by Abu Dhabi Sailing & Yacht Club with the support of the UAE Sailing & Rowing Federation and Abu Dhabi Tourism & Culture Authority.[..]

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MEP contractor HLS wins three contracts totalling US$ 47 mn across Oman, UAE

MEP contractor HLS wins three contracts totalling US$ 47 mn across Oman, UAE

21st July 2014

MEP contractor Habtoor Leighton Specon (HLS) has announced its winning of three contracts worth a total of US$ 47 million (AED 174 million). HLSprojects

HLS has been appointed under a contract of US$ 26.7 million (OMR 10.3 million) by Leighton Middle East, the Habtoor Leighton Group’s (HLG) Omani arm, to execute the complete MEP project on a hotel at the Saraya Bandar Jissah complex near Muscat. The scope of works on the five-star, 206-room hotel includes fire fighting, extra low voltage and fuel handling systems.[..]

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Mace named Project Manager for Oman's OCC project

Mace named Project Manager for Oman's OCC project

20th July 2014

Mace has been appointed as the project and cost manager for the iconic Oman Cultural Complex (OCC) in Muscat. The OCC will host three major buildings of national interest, namely, the National Library with a capacity to host 5 million volumes; the National Archives which will act as a four-storey exhibition, public event area and a research and administration wing; and the National Theater which will be able to accommodate more than 1,000 people.[..]

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Saudi-Egypt Power Grid project faces delays in floating tenders

Saudi-Egypt Power Grid project faces delays in floating tenders

20th July 2014

Contractors planning to bid for a US$ 1.6 billion power project linking Saudi Arabia and Egypt’s electricity grids will have to wait until December following delays to the tendering process.The tender was originally scheduled for release at the beginning of the year but has suffered delays as further preliminary studies are carried out on the project.[..]

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Bahrain to build 179 housing units in Arad

Bahrain to build 179 housing units in Arad

20th July 2014

Bahrain Prime Minister Prince Khalifa bin Salman Al Khalifa has directed officials to start building 179 housing units in Arad,  according to news reports by the Gulf Daily News . The project is part of the second phase of a development in which 140 units have already been completed.

bahrain[..]

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Majid Al Futtaim to announce new mixed use project in Dubai in next 12 months

Majid Al Futtaim to announce new mixed use project in Dubai in next 12 months

20th July 2014

Dubai-based Majid Al Futtaim Properties (MAF Properties) is planning to launch a mixed-use development in Dubai, the company’s CEO George Kostas has said. “We are very confident in the Dubai market and we have been spending a lot of time thinking about what would be our first project here,” he told Gulf Business.We are hoping to announce the project in the next 12 months.”[..]

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Saudi Arabia approves 5700 new education projects worth US$ 14 bn

Saudi Arabia approves 5700 new education projects worth US$ 14 bn

19th July 2014

Saudi Arabia has approved 5,700 new educational development projects worth SR 54 billion (US$ 14.3 billion), according to news reports. The new projects were aimed at creating a qualitative improvement in the country's educational environment, Education Minister Prince Khaled Al-Faisal was quoted as saying in a news report.[..]

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