Construction Industry News

KSA launches US$ 55 mn housing project in Madinah

KSA launches US$ 55 mn housing project in Madinah

24th July 2014

As per reports in the Arab news, a Saudi daily, Madinah Gov. Prince Faisal bin Salman launched a massive real estate project here Tuesday, which is estimated to cost SR 55 billion.The project, comprising 100 residential towers with four-star to five-star hotels, will accommodate more than 120,000 people. The state-owned Public Investment Fund is financing the project.[..]

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Construction begins on East Hidd project

Construction begins on East Hidd project

24th July 2014

According to a report in the Gulf Daily News, a Bahrain daily, the Ministry of Housing, Bahrain has started work on the East Hidd housing project with a multi-million agreement  signed to construct the first phase of the project, which includes 483 units.[..]

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Qatar's Sidra hospital project facing repeated delays , main contractors sacked

Qatar's Sidra hospital project facing repeated delays , main contractors sacked

23rd July 2014

According to reports in Doha News, Qatar's national daily and a statement released by Qatar Foundation, the organization that funds the Sidra hospital project, On 22 July 2014, Qatar Foundation for Education, Science and Community Development terminated the contract for design and construction of the Sidra Facilities in Doha, Qatar, which was awarded in 2008 to the OHL Internacional / Contrack (Cyprus) Ltd. Joint Venture.[..]

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Dubai's US$1.1 bn Al Ithiad bridge replacing Floating bridge on Creek to be ready by 2018

Dubai's US$1.1 bn Al Ithiad bridge replacing Floating bridge on Creek to be ready by 2018

23rd July 2014

Al Ittihad Bridge will replace the Floating Bridge, built on Dubai Creek, by early 2018, according to Roads and Transport Authority (RTA). In an expression of interest and pre-qualification invitation, published in a local newspaper, RTA said the tender for the new bridge will be issued in October 2014 with the construction period extending over three years. The opening is expected by early 2018.[..]

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Qatar 2022 probe report decision postponed to September : FIFA

Qatar 2022 probe report decision postponed to September : FIFA

22nd July 2014

The much awaited report on an investigation into the decision to award the 2022 World Cup to Qatar, initially scheduled for completion this month, is only likely to be finished in September, according to a FIFA statement. "We expect to deliver our report to the adjudicatory chamber by the first week of September," said a statement issued by FIFA on behalf of its ethics committee on Monday, as per news from Reuters.[..]

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