• Sharaf DG Energy completes key Drydocks Dubai retrofit project


    Sharaf DG Energy, one of the leading solar energy solution providers in the UAE, said it has completed a lighting retrofit project at Drydocks World-Dubai, which will help the group achieve an annual energy saving of 1,215,708 kWh.

  • CBRE to manage Bahrain boutique F&B, lifestyle complex


    CBRE, a leading commercial real estate services company, said it has been appointed to lease and manage Ain 520, a boutique retail, F&B and leisure development offering over 5,000 sq m across 14 stand-alone units on Budaiya Highway in Bahrain.

  • UAE group GVG launches key solutions for crisis-hit real estate firms


    UAE-based GVG Real Estate Development said it has introduced innovative solutions for real estate buyers of delayed or canceled off-plan projects inside or outside the UAE, who are experiencing delays in their projects due to the Covid crisis.

  • Union Properties seals $258m debt restructure deal with ENBD

    BETTER TERMS
    Dubai-based Union Properties said it has successfully reached an agreement with Emirates NBD for the full restructuring of its outstanding AED946 million ($258 million) debt with the bank along with payment of the initial amount as per the new terms.

  • TRSDC launches design contest for Red Sea Coastal Village unit


    The Red Sea Development Company (TRSDC), the developer behind one of the world's most ambitious tourism initiatives in Saudi Arabia, has launched a new design competition for the community centre within Red Sea Coastal Village.

  • RAK AMI Hotel flagship project 40pc completed


    RAK AMI Hotel, a key hotel development and management company based in Ras Al Khaimah, said 40 per cent of the construction work has been completed on its flagship project, Mövenpick Resort Al Marjan Island, coming up in the northern emirate.

  • Azizi breaks ground on key Dubai Healthcare City project


    UAE-based Azizi Developments said it has broken ground on its AED350-million ($95.2 million) Creek Views II, a major community development featuring 587 residential units including studios, one- and two-bedroom apartments within Dubai Healthcare City.

  • Kleindienst's Dubai resort cluster project set for Q4 completion


    Leading developer Kleindienst Group said construction is in full swing on the 893-key Côte d’Azur, a cluster of four resorts coming up within Phase One of its $5-billion Heart of Europe project, and is due for completion in the fourth quarter.

  • Bee’ah wins three new contracts in Madinah city


    Bee’ah, a UAE-based leader in integrated environment and waste management, said it is expanding into Saudi Arabia after being awarded three contracts for waste management services in Madinah, covering the North, West and East regions.

  • Dubai's residential capital values down 13.2pc in July


    The residential capital values in Dubai for July witnessed a 13.2 per cent drop compared to the previous year, standing at 68.1 points. The monthly decline was however 1.7 per cent, a slight improvement when compared to the April-June period.

  • Mangroovy for Hotels inks land sale deal in Egypt


    Mangroovy for Hotels has signed a land sale agreement with Orascom for Development Egypt for 40,654.5 sq m of land in El Gouna, as an extension for the Mangroovy Residence project that is currently delivering its first phase.

  • Royal Commission for AlUla unveils expansion plans with Accor


    The Royal Commission for AlUla (RCU) has announced a partnership agreement with Accor as part of its strategy to develop AlUla as a tourism destination for nature, culture and heritage.

Building & Construction Window


Construction News

Sharaf DG Energy completes key Drydocks Dubai retrofit project

Sharaf DG Energy, one of the leading solar energy solution providers in the UAE, said it has completed a lighting retrofit project at Drydocks World-Dubai, which will help the group achieve an annual energy saving of 1,215,708 kWh. ...



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Gulf construction - August 2020


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