• Nakheel posts $803m H1 profit

    1,177 UNITS HANDED OVER
    Dubai-based Nakheel, one of the world’s leading developers, posted a net profit of Dh2.95 billion ($803 million) for the the first six months of 2016, representing a four per cent increase on the figures for the same period in 2015.

  • UAE's property loans improve despite price slide: IMF

    NON-PERFORMING LOANS DOWN
    The quality of real estate loans in the UAE has continued to improve despite sliding home prices, the IMF said, in a sign that the UAE is coping better with a real estate downturn than it did in the last slump seven years ago.

  • Major foreign firms bid for Saudi clean fuels project


    Foreign engineering companies have bid to build Saudi Aramco's clean fuels project at the state oil giant's Ras Tanura refinery, industry sources told Reuters.

  • Construction sector to boost Mideast FM market


    The Middle East facility management (FM) market will be fuelled by construction activities and the strong presence of multi-national firms in the next five years, a report said.

  • Libya fund appoints PwC as strategic advisor


    The Libyan Local Investment & Development Fund’s (LLIDF) has appointed professional services firm PwC as its advisor to support feasibility studies for three strategic projects.

  • Riyadh, Jeddah real estate slowdown continues

    VISION 2030 MAY BOOST SECTOR
    The real estate markets in the Saudi cities of Riyadh and Jeddah continue to maintain an overall slowdown in performance, according to a JLL report.

  • dorma+kaba wins Jordan cancer centre contract


    dorma+kaba, a major player in access solutions, has won a contract for The King Hussein Cancer Center (KHCC) expansion in Jordan.

  • Turner & Townsend Mideast revenue up 24pc


    The global professional services consultancy Turner & Townsend has increased its Middle East turnover by a quarter, and its profits by nearly a third, in the year ended April 30, 2016.

  • SNC-Lavalin wins Oryx GTL Qatar contract

    FIVE-YEAR DEAL
    SNC-Lavalin has been awarded an engineering consultancy and support services contract by Oryx GTL, a joint venture between Qatar Petroleum and Sasol of South Africa, for its gas-to-liquids complex at Ras Laffan Industrial City in Qatar.

  • Global firms in race to manage Saudi projects


    Several international companies have submitted bids for a consultancy contract to manage Saudi Arabia’s National Project Management Office, part of an effort to keep state spending under control, a report said.

  • Residential rents decline in Dubai, Abu Dhabi


    Residential rents in Dubai and Abu Dhabi moved downwards during the first half of this year, compared to the same period last year, according to a report.

  • Siemens ships locally produced gas turbines to Saudi plant


    Technology major Siemens has delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan, Saudi Arabia.

Building & Construction Window


Construction News

Nakheel posts $803m H1 profit

Dubai-based Nakheel, one of the world’s leading developers, posted a net profit of Dh2.95 billion ($803 million) for the the first six months of 2016, representing a four per cent increase on the figures for the same period in 2015....



Digital Edition



EnglishArabic






Tenders

Gulf Construction brings you the latest tenders available in the Gulf region and beyond.



Project Focus

Project Owner: Mumtalakat Holding Company Project Type: Infrastructure I Hotel Project/Feasibility Start Date: Q3-2015 Estimated Completion: Q1-2018 Estimated Value ...






Gulf construction - July 2016


In a bid to meet the growing global demand for piping systems for high-purity applications, Agru, an Austrian manufacturer of premium plastic products, has opened its ...


Tourism Development & Investment Company (TDIC) has achieved a major milestone in ...


Leading US engineering company Bechtel has signed a five-year contract extension with the Royal Commission for Jubail and...





Inspired by Oman’s fort architecture, the Anantara Al Jabal Al Akhdar has overcome many challenges to become the region’s highest five-star resort Perched up ...


Surging passenger numbers is fuelling demand for the expansion of the region’s aviation ...


The benefits of Kone’s panoramic elevators are many – unobstructed views for visitors that increase the likelihood of spontaneous shopping, a clean look and ...








With the latest additions, Greenheck has expanded its choice of products that offer customers ...


Realising its great potential, Kirby Building Systems has its eyes set on new markets in ...


MAJED AL KHALIS, control systems engineer at Saudi Aramco’s Abqaiq plants facility, ...





Byrne Equipment Rental’s expanded portfolio aims to make it a one-stop shop for ...


If you have to combine a car for your family and your work site, the all-new Navara is just ...


Gulf Construction, launched over 35 years ago, is an authoritative and respected journal that ...








Gulf Construction updates you with the latest calendar of events from the Middle East and beyond.   JULY 8-10:    Build International Expo, at ...


Four regional firms – Kuwaiti Manager Contracting, Al Nooh Wood Design, and Modern Glass Technology of Bahrain ...


STUART JORDAN* elaborates on global claims, or ‘total cost’ claims, which although allowed in exceptional...





<b><i>Gulf Construction, </i>September 1988</b>Cassia & Associates has completed designs for a ...


Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, views Al Ain as a ...


The Big 5 Kuwait 2016, taking place from September 25 to 27 at the Kuwait International Fair, will host over 200 local and ...




Regional Videos

prev
  • next