News tagged "Buildings"

Aldar  properties unveils plans for new projects over next few months

Aldar properties unveils plans for new projects over next few months

24th October 2014

AldaraAldar Properties will launch new projects in the next three to four months. Aldar, Abu Dhabi's largest property company and majority-owned by the Emirate's government, was rescued by a US$ 10 billion state bailout in 2010 following a market crash, but is now resurgent following a merger with rival Sorouh Real Estate and a dramatic recovery in most segments of the United Arab Emirates' property sector.[..]

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Major Ongoing Construction Projects in Riyadh

Major Ongoing Construction Projects in Riyadh

8th October 2014

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With over US$1.2 trillion worth of projects planned or under various stages of construction, the Kingdom of Saudi Arabia still remains at the top spot of the GCC construction projects market. Some of the major ongoing projects in the capital city, Riyadh include the following:[..]

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Qatar announces that construction of first World Cup stadium to begin in 2015

Qatar announces that construction of first World Cup stadium to begin in 2015

7th October 2014

The organizers of the Qatar FIFA World Cup 2022  has announced that the contract for the construction of the first of its tournament stadium will be awarded in 2015.  In a statement released by the Supreme Committee for Delivery & Legacy (SC), it was stated that construction of the 40,000-seater Al Wakrah Stadium is "moving at a significant pace", with enabling works currently being conducted and completion slated in 2018.[..]

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Omniyat Drake & Scull to launch new residential project in Palm Jumeirah

Omniyat Drake & Scull to launch new residential project in Palm Jumeirah

1st September 2014

According to ConstructionWeekOnline, developer Omniyat and Drake & Scull have created a partnership to launch a new residential project at the entrance to Dubai's Palm Jumeirah. The firms said the project, known as One at Palm, will be jointly developed by both firms but managed by Omniyat. It will receive its official launch at the Cityscape Global 2014 in Dubai next month and enabling work is due to begin by the end of October.[..]

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Deyaar launches new mixed use tower in Dubai

Deyaar launches new mixed use tower in Dubai

1st September 2014

Dubai-based Deyaar Development has launched a new project called Montrose, which features a hotel apartment tower and two residential towers, according to a statement by the developer. Residential units at Montrose, which is located in DuBiotech, a life sciences cluster under TECOM Investments in Dubai, will go on sale on September 6, Deyaar said the statement.[..]

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Al Khodari wins new US$ 38.4 mn Taif building contract from Saudi ministry

Al Khodari wins new US$ 38.4 mn Taif building contract from Saudi ministry

28th August 2014

According to news reports in ConstructionWeekOnline.com, Saudi Arabian contractor Abdullah AM Al Khodari & Sons has announced that it has won a contract with the Ministry of Municipal Rural Affairs worth US$ 38.4 million (SR 144 million). The contract is for the construction of a new building for the Municipality in the city of Taif, close to the holy city of Makkah. It will be built in 605 days.[..]

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