Construction Industry News

ABB Turbocharging and ASRY sign major cooperative service agreement

28th April 2014

ABB Turbocharging, a global leader in the manufacture and maintenance of turbochargers for two- and four-stroke engines, will now have a dedicated Service Point in the Arab Shipbuilding and Repair Yard Company (ASRY) in Bahrain. ASRY is the leading ship and rig repair yard in the Arabian Gulf.[..]

Read more

Viceroy to operate two more hotels in Dubai

28th April 2014

Arabtec Holding has selected Viceroy Hotel Group to operate two properties it is currently developing in Dubai. The hotels which are scheduled to open in late 2016 and 2017 respectively will be located on Sheikh Zayed Road and in Dubai Business Bay. The new properties will join the previously announced Viceroy Dubai PalmJumeirah, which is set to open in late 2016 on the trunk of the Palm Jumeirah.[..]

Read more

Leighton Middle East awarded US$32 Million Oman Aluminium Rolling Company contract

27th April 2014

Habtoor Leighton Group (HLG), operating as Leighton Middle East, was awarded a contract by Oman Aluminium Rolling Company (OARC) valued at $32 Million for the engineering, procurement and construction (EPC) of a new coil coating plant. The plant is part of OARC’s new rolling facilities that began commercial operations in 2014, which is set to hit full 160,000-ton production capacity by 2019.[..]

Read more

KAEC awards US$11.6 Million contract for Juman Park

27th April 2014

King Abdullah Economic City (KAEC) has awarded New Job Contractors Establishment a contract worth US$11.6 (SR 43.5) Million for the development and landscaping of Juman Park and construction of the adjacent canal promenade at Bay La Sun one of the city’s prestigious districts.[..]

Read more

L&T Construction bags US$740 Million order from Qatar Railways

27th April 2014

India's Larsen and Toubro (L&T) Construction has won a US $740 Million order from Qatar Railways Company for the design and construction of the Gold Line of the Doha Metro project. L&T's joint venture partners on the contract are Aktor- Greece, Yapi Merkezi Insaat- Turkey, STFA Group- Turkey and Al Jaber Engineering- Qatar. The total value of order for the joint venture which is led by Aktor is $3.3 billion.[..]

Read more

Kuwait's Gulf Cable plans copper factory project in Jordan

24th April 2014

Mr. Bader Nasser Al-Kharafi, Chairman of the Board of Gulf Cable and Electrical Industries Co. said the company is always considering expansion opportunities, and gets involved in feasible ones. He said the company is currently considering involvement in a copper factory project in Jordan. Mr. Kharafi, who was speaking after the company’s general assembly, also said the company is committed to paying its debts, and at the same time it is going through an expansion even if there is a need to borrow, affirming that the company has a clean sheet and does not face any hurdles.[..]

Read more

Kentz awarded five-year contract by Fluor for Kuwait Oil Company

24th April 2014

Kentz Corporation, the holding company of the Kentz engineering and construction group, announced the award of the major five-year cost reimbursable contract by Fluor Corporation in Kuwait. Under the terms of the contract, Kentz will supply multi-discipline technical and supervisory personnel on a reimbursable basis to meet Fluor's supplementary manpower requirements on a Fluor contract for Kuwait Oil Company.[..]

Read more

Drake and Scull Wins US$40 Million contract in Algeria

23rd April 2014

Dubai's Drake and Scull International said in a statement that it has won a Dhs147 million($40 million) project to build a mixed-use development in the capital of Algeria. The company will undertake the civil construction portion of the project in Algiers, covering a total built-up area of about 66,500 square metres, it said.[..]

Read more

First 931 932 933 934 935 936 937 Last