Construction Industry News

Arabtec, CCC & Drake & Scull Construction Consortium awards Drake & Scull Engineering AED 259 Million projects for Saraya Aqaba Resort in Jordan

2nd June 2014

Drake & Scull International PJSC (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Engineering, Rail, Oil and Gas, Water and Wastewater Treatment, announced that its subsidiary Drake & Scull Engineering (DSE), has recently won two major contracts for the Saraya Aqaba Resort, a mixed-used, themed development around a man-made lagoon in Aqaba, Jordan for a combined value of AED 259 Million.[..]

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Al Futtaim Group signs deal to build US$1.6 Billion Festival City in Saudi Arabia

2nd June 2014

Dubai-based Al Futtaim Group signed a memorandum of understanding (MoU) with Riyadh’s Kayannat Real Estate to build Al Diriyah Festival City- the largest shopping mall in Saudi Arabia. The shopping mall will have 250,000 square metres of gross leasable area (GLA) and will be located at the Al Diriyah district in Riyadh near King Saud University and King Abdullah Financial district, the group said in a statement.[..]

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Top Building Contractor Awards in the GCC in Q1, 2014

Top Building Contractor Awards in the GCC in Q1, 2014

29th May 2014

GCC-countriesThe contractors witnessed brisk activity in the first quarter of 2014 with building sector alone contributing a rise of over 25% in contractor awards in the GCC Countries as compared to same period in 2013. The top projects in which contractors were appointed in the months of January, February and March 2014 are listed in the table below. Arabtec, Construction and Reconstruction Engineering Co. (CRC), Syed Hamid Behbehani & Sons, Al Hani Construction & Trading rank in the top in terms of value of contracts awarded.[..]

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Drake & Scull International wins AED 110 million MEP contract for Plaza View Development in Abu Dhabi

29th May 2014

Drake & Scull International (DSI) PJSC, a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Engineering (MEP), Rail, Oil and Gas and Water and Waste-water treatment, has announced that it has been awarded the MEP contract worth AED 110 million for Plaza View, a mixed-use development in Abu Dhabi, UAE. The building comprises five levels of basement, ground and mezzanine floors, and 20 storeys for residential and commercial activities. The contract was awarded by Al Fara'a General Contracting (AFGCO), who is the main contractor for the project.[..]

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Meraas to develop Bvlgari Hotel in Dubai

Meraas to develop Bvlgari Hotel in Dubai

28th May 2014

bulgari_hotelDubai's Meraas Holding signed an agreement with Bvlgari Hotels and Resorts to bring the luxury hospitality brand to Dubai. The Bvlgari Hotel, to be located in Dubai's Jumeirah Bay Island, will comprise 100 rooms and suites in the main hotel buildings, as well as 20 hotel villas. The hotel has been designed by Italian architectural firm Antonio Citterio Patricia Viel and Partners.[..]

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Nakheel awards Dhs.1.2 Billion mall contract to UNEC and Actco

28th May 2014

Nakheel announced yesterday that it awarded of a contract of over Dhs.1.2 billion to United Engineering Construction and Actco General Contracting Company for the construction of Nakheel Mall – a 418,000 square metre retail hub to be built in the heart of Palm Jumeirah, Dubai. Construction is expected to commence soon. The mall is expected to be completed in 2016.[..]

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Ajman to build new airport and two ports: Crown Prince

27th May 2014

In an exclusive interview with arabic newspaper ‘Al Khaleej,’ Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman, said the emirate is allocating 40 per cent of its 2014 budget to increase work on new development, economic and social projects, that aim to boost tourism in the emirate.[..]

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