Tag: Gulf

Construction & Real Estate

Gulf luxury homes need redesign to cope with extreme heat, says expert

Developers across the Gulf region need to fundamentally rethink how luxury homes are designed and built, as rising heat stress exposes the limitations of construction materials and methods that were never engineered for this climate, said a top industry expert. ...

Construction & Real Estate

ALEC unit Target wins $500m three EPC contracts in Gulf

ALEC Holdings, a leading diversified engineering and construction group operating in the UAE and KSA, has announced that its subsidiary Target Engineering Construction Company – SP, has secured three major contracts worth a total of over $500 million in the Gulf....

Construction & Real Estate

Construction sector faces brunt of disruptions caused by Gulf conflict

The ongoing conflict in the Gulf and severe disruption to shipping through the Strait of Hormuz are beginning to weigh heavily on the region’s construction sector, with contractors facing mounting cost pressures, delivery delays and heightened financial risk....