13,000 new housing units to hit Dubai market
More than 50 projects were launched in the off-plan market across Dubai, UAE, during 2014, which are expected to deliver over 13,000 units to the market, according to a report.
Schneider sponsors Arab Future Cities Summit
Schneider Electric, a global specialist in energy management, has signed up as a Gold Sponsor to the upcoming Arab Future Cities Summit Qatar in Doha, which will focus on making future cities in the Middle East work better.
Dubai show to spotlight utility sector developments
Dubai Electricity and Water Authority (Dewa) is set to organise a number of seminars to highlight the latest developments in energy, water and environment sectors at the upcoming Wetex 2015 show in Dubai, UAE.
Cheap oil may boost growth, says Saudi economic city chief
Saudi Arabia's Emaar the Economic City (EEC) expects demand for its industrial and residential property to grow this year as companies increase investment despite the plunge of oil prices, a top executive said.
New desal plant inaugurated in Kuwait
Veolia, a global leader in optimised resource management, and Al Ghanim International have officially launched a new desalination plant in Kuwait with a daily capacity of 136,000 cu m of water, said a report.
Qatari-led group wins $4bn battle for Canary Wharf
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A Qatari-led consortium looked set to win its long-running battle to buy Songbird Estates on Wednesday after the owner of London's Canary Wharf business district dropped its opposition to the $4 billion offer.
Drake & Scull wins Dubai hotel development contract
Leading contractor Drake & Scull said its engineering unit has won a mechanical, electrical and plumbing (MEP) contract for a major hotel and serviced apartment complex in Dubai, UAE.
New Giza to develop mixed-use project in Egypt
Leading developer New Giza for Development and Construction plans to develop a mixed-use project on a 6.3-million-sq-m area in Cairo, Egypt, at an investment of E£1 billion ($135 million), said a report.
Bahrain to award two sewerage project tenders
Bahrain is likely to award tenders for two major sewerage network projects in the North Town area by the second quarter of 2015, said a senior official.
Oman starts Sohar Free Zone expansion masterplanning
Omani authorities have started the masterplanning of the second phase of Sohar Free Zone targeting an area of around 1,000 hectares, a two-fold increase over the area developed in the first phase, said a report.
Iran’s South Pars field readies fourth platform
The fourth platform (D) of South Pars Gas Field’s Phase 12 in Bushehr province is now ready for installation with completion of construction work, a report said.
Experts to discuss key issues at Oman builders' show
Leading players in the building and construction sector will be in Oman to discuss major industry issues at The BIG (Builders International Gathering) Show to be held in March.