Articles
Plans for new bridge to replace Dubai’s Shindagha tunnel move forward
The 12-lane expressway will be the main carrier of traffic between Bur Dubai and Deira.
Bahrain seeks consultants for light rail project
Deputy minister for land and transport also calls for GCC-wide procurement strategy to prevent duplication and cost inflation.
Value of Saudi Arabia construction awards up by 45 per cent in second quarter
Between April and June, the value of deals awarded was 82.8 billion Saudi riyals, up from 57.3bn riyals in the first quarter.
Kuwait’s long-delayed $7 billion metro system back on track
Plans for Kuwait’s metro were first announced in 2006 and the initial feasibility study was handed to the government in 2008. However, it has since suffered long delays.
Contractors resubmit bids for Stage Two of Etihad Rail
Stage Two of the Etihad Rail project covers the link from the Saudi Arabian border to the existing line between Ruwais and Tarif, and then moves through Abu Dhabi before terminating at the Jebel Ali Free Zone in Dubai.
Dubai’s Cryo to open 40 US outlets at LA Fitness sites
The company, which set up its first cryotherapy treatment centre at Jumeirah Emirates Towers two years ago, only operates from three other company-owned locations.
Dubai to introduce new public-private partnership law next month
PPPs will allow the emirate to tap private sector funding for key projects such as the expansion of Al Maktoum International Airport.
Dubai-based Cryo’s freezing treatments create a business with hot prospects
Benny Parihar's attempt to create the world's first 'professionalised' cryotherapy brand has led to a series of spin-off ventures and exciting opportunities in franchising.
Expo 2020 to spur boom in UAE hotels refurbishment, contractors say
Emaar Properties is understood to be working on refurbishments of three of its Downtown Dubai properties, including The Address and The Palace.
One in five of Middle East’s super-rich lives in the UAE
The study said that only 3 per cent of the UAE’s super-wealthy made their fortune through oil and gas, 8 per cent fully inherited theirs, and 35 per cent partly inherited their wealth and then grew it.
Dubai Holding’s main trading arm posts 24% rise in first-half net profit
Holding company predicts that full-year net profit will reach at least Dh5.5 billion - at least 17.5 per cent higher than it achieved in 2014.
Mubadala and General Electric agree to sell joint venture to US private equity firm
Abu Dhabi-based Mubadala GE Capital (MGEC) has said that it has signed a deal to sell 'substantially all of the assets' of the company and its subsidiary firms to a unit of Apollo Global Management
Qatar awards sewerage tunnel contracts worth €550m to Bouygues-led consortium
French contractor is also building the $3bn Qatar Petroleum district containing nine office towers and a hotel.
Oman on track for record year with construction contract awards
Value of projects already awarded currently at US$11 billion, according to Meed Projects.
