Construction Industry News

Dubai launches project to build World's biggest mall

Dubai launches project to build World's biggest mall

7th July 2014

Dubai Holding the construction conglomerate that includes the Jumeirah group,  is launching a project to build an entertainment and hotel district that will include the world's largest shopping mall, the emirate's ruler, Sheikh Mohammed bin Rashid al-Maktoum, revealed to Reuters on Saturday.  The eight million square ft "Mall of the World", for which plans had been revealed 18 months ago,  will be connected to a theme park, theatres, medical tourism facilities and 100 hotels and serviced apartments.[..]

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Construction of Mall of Qatar to complete by Q4 2015

Construction of Mall of Qatar to complete by Q4 2015

5th July 2014

Construction of the Mall of Qatar is running as per schedule and is expected to open in the last quarter of 2015 in the Al Rayyan district of Qatar according to its developer. Mall of Qatar will offer more than 400 shops, three major anchors, a luxury five-star hotel, a unique family entertainment centre, a world-class daily live entertainment concept and an array of 81 international restaurants, cafes and specialty food shops. Urbacon Trading and Contracting is the main contractor on the project.[..]

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Emaar launches Office development in Jeddah

Emaar launches Office development in Jeddah

5th July 2014

Emaar Middle East has unveiled its flagship Emaar Square, a dedicated commercial precinct in Jeddah Gate in Jeddah, Saudi Arabia, which is designed to introduce a brand-new office experience blending luxurious lifestyle amenities with an ultra-modern business environment.[..]

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Festival City, Saudi's largest mall to be constructed at a cost of US$ 1.6 bn

Festival City, Saudi's largest mall to be constructed at a cost of US$ 1.6 bn

5th July 2014

Following the signing of a memorandum of understanding (MoU) by Dubai-based Al Futtaim group, a leading diversified conglomerate, with Riyadh-based Kayannat Real Estate Company to build the SR 6 billion (US$ 1.6 billion)  construction is likely to be begin on what is touted to be Saudi Arabia's biggest shopping mall-Al Diriyah Festival City.[..]

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Qatar Rail signs up Consortium to build Tram system in Lusail

Qatar Rail signs up Consortium to build Tram system in Lusail

5th July 2014

A consortium including French industrial groups Vinci and Alstom has signed a €2-billion (US$2.72 billion) contract with Qatar Railways Company to build a tram system for the city of Lusail. The contract won by Alstom and QDVC, which is 51 per cent owned by Qatari Diar and 49 per cent by Vinci’s major projects unit, was signed last month (June) at Paris’s Elysee Palace during an official visit by Qatari Emir Sheikh Tamim bin Hamad Al Thani. According to Vinci, the contract includes the construction of 25 stations and the electric infrastructure surrounding the four-line network.[..]

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