Construction Industry News

Abu Dhabi's Ferrari World announces expansion plans

27th June 2014

Ferrari World has announced plans to open seven more rides over the next three years, which they say will increase the capacity of the theme park by 40%. With Yas Mall due to open around the time of the Etihad Airways Abu Dhabi Grand Prix this year, visitor numbers at the venue are expected to rise, according to Jesse Vargas, speaking at a media briefing this week. Vargas, who took over as the theme park’s general manager in February, said construction of the new rides will start by the end of the year. There are also plans to extend three of its existing 20 rides and to increase the number of restaurants.[..]

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Tonino Lamborghini Plans GCC Hotel and Retail Expansion

27th June 2014

Luxury Italian brand , founded by the son of former automobile Automobili Lamorghini's owner, Ferruccio Lamborgini, has revealed its plans to begin flagship stores and more than one regional hotel in the GCC. GCC expansion are plannedfor both its hotel and retail divisions according to a Gulf news exclusive.[..]

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Drydocks World to provide solutions to The Heart of Europe hospitality development

26th June 2014

Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas and energy sectors, announced that it will sign an Agreement with Kleindienst Group to provide a complete range of offshore marine and operational management solutions for their The Heart of Europe. The project comprises of a cluster of six islands owned by the Group on The World project in Dubai offering an unrivaled resort and leisure experience.[..]

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Alstom to supply the first turnkey tramway system in Qatar

26th June 2014

Alstom announced that it is part of a consortium, that has been awarded a contract by Qatar Railways Company (QRAIL) to supply a turnkey tramway system for a 4-line tram network in Lusail, Qatar. The contract was signed in Paris, France in the presence of the Emir Sheikh Tamim Bin Hamad Al Thani, French President, François Hollande and Patrick Kron, Alstom Chairman & CEO. Alstom’s share of the contract is around €750 million including options for 32 additional tramways. The consortium is composed of Alstom and QDVC, a Qatari shareholding company in charge of civil works (51 % Qatari Diar & 49% VINCI Construction Grands Projets)[..]

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Aristocrat, PAL & Pacific Ventures for large scale Real Estate Venture in Dubai

Aristocrat, PAL & Pacific Ventures for large scale Real Estate Venture in Dubai

25th June 2014

Zemanta Related Posts ThumbnailAristocrat Star Real Estate Development signed a joint venture agreement with PAL Developments and Pacific Ventures for the development of a mixed-use master planned project in Dubai. To be launched in September 2014, the beautifully landscaped community grounds will feature 2,000 units in all, comprising apartments, villas, boutique retail spaces, an office complex and a luxury hotel.[..]

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OPWP issues RFQ for development of new IPPs in Oman

OPWP issues RFQ for development of new IPPs in Oman

25th June 2014

secThe Oman Power and Water Procurement Company (OPWP) has issued a request for qualification (RFQ) to interested developers for the development of new IPPs in the Main Interconnected System (MIS) of Oman. OPWP is planning the addition of new capacity of approximately of 2600MW to the MIS of Oman which is most likely to be located across two sites. The IPPs are to be developed as private sector projects by appropriately qualified developers.[..]

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