Construction Industry News

L&T wins US$ 94 mn Duqm airport contract in Oman

L&T wins US$ 94 mn Duqm airport contract in Oman

2nd July 2014

Larsen & Toubro (Oman) is reported to have procured a contract to build a new passenger terminal at Duqm Airport in Oman, according to Oman Observer. The deal representing package three is said to be valued at US$ 94 million or RO 36.27 million.[..]

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US to build US$ 1.7 bn Kuwait military hospital

US to build US$ 1.7 bn Kuwait military hospital

2nd July 2014

The US government has announced it will build a US$1.7 billion military hospital in Kuwait. The US Army Corps of Engineers would oversee the construction and provide project management, engineering, planning, design, acquisition, contract administration, construction management and other technical services for construction of facilities and infrastructure for the Kuwait Armed Forces Hospital, the Defense Security Cooperation Agency (DSCA), the arm of the Pentagon that manages foreign military sales, said in a statement on Monday.[..]

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Turkish Retailer Kiler Plans Big Retail Entry into Qatar

Turkish Retailer Kiler Plans Big Retail Entry into Qatar

2nd July 2014

Turkey's Kiler Holding has signed a MoU with Qatar-based Al Rayyan to open and operate Kiler supermarkets in Doha, the Turkish company's finance chief revealed in an interview to Reuters. Under the agreement, Kiler and al Rayhan - which has tourism and trade interests - will open and operate Kiler stores in the Qatari capital, and introduce Turkish products to the market.[..]

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Dubai Properties begins handover of mixed use project at Bay Square

Dubai Properties begins handover of mixed use project at Bay Square

1st July 2014

BusinessBay

Dubai Properties (DP), the development company of Dubai Properties Group (DPG), has started the handover process at its popular mixed use Bay Square development in Business Bay. Bay Square recorded a sell-out response when it was launched for sale last year which prompted huge demand for other similar projects in Business Bay.[..]

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Cayan Towers wins CTBUH award for World's best tall building for MENA category

Cayan Towers wins CTBUH award for World's best tall building for MENA category

1st July 2014

Cayan Tower in Dubai has won the Middle East and Africa category of the Council on Tall Buildings and Urban Habitat’s (CTBUH) best tall buildings in the world competition for 2014. Winning buildings were selected from the USA, Australia, the Netherlands and the UAE. One of the four will be named overall winner for the ‘Best Tall Building Worldwide’ accolade in November.[..]

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