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Ventures Onsite Construction News Update In the news this week Abu Dhabi to invest in Industrial Strategy In UAE, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office launched the Abu Dhabi Industrial Strategy identifying the Abu Dhabi Government will invest AED10… Continue reading Construction contract for Costa Brava Damac Lagoons
Ventures Onsite Construction News Update In the news this week Arada awarded a US$20 Mn contract to RAQ Contracting The UAE developer Arada has awarded a US$20 Mn contract to build Sharjah’s largest fitness center at its Aljada master development to RAQ Contracting. Construction of the 65,000-square-foot fitness center at the Madar family entertainment district… Continue reading TeamLab Phenomena revealed ‘Home for Infinite Curiosity’ in Saadiyat
Ventures Onsite Construction News Update In the news this week Ministry of Health in KSA awards a US$29.7 million contract Saudi Arabia’s Alfanar Construction was awarded a US$29.7 million contract by the Ministry of Health, Saudi Arabia, to replace and develop the infrastructure for Ohud General Hospital in Madinah. The 24-month project aims to revamp… Continue reading AL Fanar General Contracting Wins Project
Ventures Onsite Construction News Update In the news this week Zayed City Schools PPP Project The Abu Dhabi Investment Office in collaboration with the Abu Dhabi Department of Education and Knowledge has awarded the contract for the Zayed City Schools public-private partnership project to a consortium led by BESIX and Australia’s Plenary Group, and subsequently… Continue reading Egypt’s National Authority for Tunnels to build a high-speed rail system
Ventures Onsite Construction News Update In the news this week SEWA commenced tender process for Water Plant in Sharjah Sharjah Electricity and Water Authority (SEWA) has announced the commencement of the competitive tender process to select a developer or developer consortium for the development, financing, engineering, procurement, construction and operation of the 90MIGD Hamriyah Independent… Continue reading ADNOC appointed McDermott intl to build a liquefied natural gas plant
Ventures Onsite Construction News Update Economic growth outlook for the UAE The International Monetary Fund HAS revised upward the economic growth outlook for the UAE in 2022 to 4.2% from 2.3% growth in 2021. The previous forecast for 2022 was 3.5%. In 2023, the UAE is projected to grow 3.8%. Dubai South UAE signs… Continue reading International Monetary Fund projects UAE Economic Growth
Ventures Onsite Construction News Update In the news this week Partnership signed between Maysan Properties and Khimji Ramdas In Oman, Maysan Properties signed an agreement with Khimji Ramdas for the first phase of construction of the Maysan Square project within the Special Economic Zone of Duqm. The project will include 20 buildings constructed across five… Continue reading ADNOC has awarded a four-year engineering services contract to SNC-Lavalin
Ventures Onsite Construction News Update Latest master development by Wasl Properties announced Dubai-based Wasl Properties announced the launch of its latest master development ‘Wasl Village’ in Al Qusais, Dubai. The project will comprise of 62 buildings having 6,200 housing units, a community centre, a 1,700m-jogging track, a mosque and a host of amenities and play areas.… Continue reading Dubai-based Wasl Properties announced the launch of its latest master development ‘Wasl Village’
A New Beginning | From Expo 2020 to District 2020 With the curtains drawn down for the world’s greatest show, the Expo 2020 last week, the emirate of Dubai is putting its attention to creating District 2020, a smart city and full-scale innovation hub that will take shape in and around the Expo venue. Repurposing… Continue reading Expo 2020 ends and District 2020 begins| Damac Properties Award to Shapoorji
Ventures Onsite Construction News Update HAIF Trading & Construction Company wins contract National Grain Company awarded a contract to HAIF Trading & Construction Company for the construction of a grain terminal in Yanbu Commercial Port with a storage capacity of 156,000 tons in the first phase, consisting of 12 silos with a total capacity of 96,000 tons and a flat… Continue reading Kuwait and Saudi Arabia develop plan joint Dorra offshore gas field
