• Dubai to launch Phase II of Water Canal


    Dubai's Roads and Transport Authority (RTA) has announced plans to launch the second phase of the Water Canal project as the work on the traffic diversion at Al Wasl Road nears completion.

  • Saudi Arabian developer to invest in Tadawul shares


    Jazan Development Company (Jazadco), a leading Saudi Arabian company specialising in agricultural activity, said it has won approval from the company's board, to invest SR20 million ($5.3 million) in Tadawul-listed shares.

  • SNC-Lavalin nets $37m Dubai district cooling deal


    SNC-Lavalin, a leading engineering and construction group, said it had won a $37-million contract from UAE cooling company Tabreed to develop district cooling facilities for a resort in Dubai.

  • Saudi expo to draw construction industry giants


    Leading construction heavyweights from across the world will be in Riyadh, Saudi Arabia, to showcase their cutting-edge technologies at the Saudi Build 2014, a major building materials trade show to be held from November 10 to 13.

  • Foyer wins UAE school fit-out contract


    Abu Dhabi-based Foyer Décor, a major interior design and decoration company, said it has won a contract to carry out decoration and supply furniture for a boys school in the UAE.

  • Diyar Al Muharraq residential plots sold out


    Diyar Al Muharraq, a leading urban developer based in Bahrain, has announced 100 per cent sale of its plots at its residential community unit, Sarat, in the kingdom.

  • Al Tijaria invests in $10m Turkey farmlands deal


    Kuwait-based Al Tijaria Real Estate Company has entered into a new $10 million investment deal in Turkey.

  • Damac opens luxury hotel in Dubai’s Burj Area


    Leading real estate developer Damac Properties has opened a luxury serviced hotel featuring 211 deluxe suites in Burj Area, a popular shopping and tourism district in Dubai, UAE.

  • Saudis pump $879m into Dubai real estate


    Saudis have emerged the second biggest investors in Dubai's property sector among the GCC states pumping Dh3.3 billion ($879 million) into the emirate's real estate during the first half, said an expert.

  • Egyptian developer Sodic to invest $336m in 2015


    Sodic, one of Egypt's largest listed real estate developers, plans to invest E£2.4 billion ($336 million) in 2015 and is on the look out for new projects as the sector recovers from three years of turmoil, its managing director said.

  • QInvest closes $1.8bn real estate deals in 2014


    QInvest, a leading investment bank in Qatar, said it had closed real estate transactions worth $1.8 billion in 2014 amid a renewed investor interest in the GCC property market.

  • UAE firm wins Dubai City Walk supply contract


    UAE-based Mac Al Gurg has been awarded a contract by Al Shafar General Contracting Company (ASGC), for the supply and installation of SieMatic Kitchens at the City Walk Project in Dubai, UAE.

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Dubai to launch Phase II of Water Canal

Dubai's Roads and Transport Authority (RTA) has announced plans to launch the second phase of the Water Canal project as the work on the traffic diversion at Al Wasl Road nears completion....


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    Gulf construction - October 2014


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