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UAE Resumed Projects Worth $12bn In 2013

Construction projects worth more than $23 billion were awarded in the UAE last year.

Dubai’s RTA Awards Construction Supervision Contract For Water Canal Project

A joint venture between US-based Parsons and Halcrow has won the deal.

Qatar Says FIFA 2022 World Cup Projects Proceeding On Track

Qatar is planning to spend $27.5 billion over the next five years on new roads and interchanges.

Qatar To Sign Projects Worth Up To $50bn In 2014 – Central Bank

The projects will be in transport, energy and other sectors, the central bank governor said.

Abu Dhabi’s Aldar Properties To Build 2,300 National Housing Units

The projects have a total developmental value of Dhs5.7 billion and are being fully funded by the Abu Dhabi government.

UAE’s Arabtec Agrees $40 billion Housing Project With Egypt Army

The project will cover 160 million square meters across 13 sites in Egypt for lower income individuals, a statement said.

Arabtec Unit Wins Dhs1.03bn Emaar Contract In Dubai

Under the deal, Arabtec Construction will build over 1,500 townhouses in Emaar’s Reem community.

Arabtec Denies Plans To Acquire Kuwait’s Kharafi National

Earlier on Wednesday, Arabtec issued another statement saying its board had not taken any decision on the acquisition of another company.

Dubai’s Arabtec Shares Suspended On Regulator Request

No reason was provided for the suspension of trading.

Drake And Scull’s Rail Division Wins Dhs35m Dubai Airport Contract

The firm will provide complete MEP works for the automated passenger mover system (APM), which will connect Concourse 4 of Dubai International Airport to Terminal 1.

Dubai’s Arabtec In Talks To Buy Kuwaiti Firm -Sources

The deal, if completed, would be worth about Dhs2 billion ($545 million).

Saudi Contractor Al Khodari Recommends $0.13 Per Share 2013 Dividend

The contractor reported a 69 per cent decline in fourth-quarter net profit last month.

Dubai’s Arabtec Says Its Unit Wins $272m Kazakh Contract

The Abu Dhabi Plaza development in Kazakhstan is under construction by a joint venture of Arabtec and Consolidated Contractors Co.

Saudi’s Tallest Tower To Consume 80,000 Tonnes Of Steel

Saudi Arabia’s Kingdom Tower, which is 173 metres taller than Dubai’s Burj Khalifa, is slated for completion in 2018.

Dubai’s Drake And Scull Profit Rises 61% In 2013

The contractor said that its revenues reached Dhs4.9 billion last year, growing by 47 per cent from 2012.

Qatar Introduces Labour Protection Policies Ahead Of FIFA 2022

Workers will be paid electronically, making it easier for authorities to verify that payments are made on time, according to the new charter.

Arabtec Plans To Hire 10,000 Across The Middle East

The Dubai-based construction company is targeting young recruits for the new roles.

Dubai’s Arabtec Wins $5.5bn Contract From Aabar

The contract is one of the largest construction deals awarded to any builder in the UAE since 2008.

Arabtec Expands Into Iraq With Baghdad Office

The Dubai firm has started looking for candidates for senior management posts including for the position of CEO.

Saudi Binladin’s Construction Products Arm Plans IPO This Year

The IPO listing is expected to take place before June this year, according to the company’s CEO.

UK Offers Support To Qatar For 2022

Ambassador Nicholas Hopton dismissed criticism Qatar has faced in preparation for hosting the event.

Arabtec Wins Dhs5.7bn Contract In Jordan

The project is an integrated entertainment, hospitality and leisure development and is expected to boost Jordan’s tourism industry.

Oman’s Galfar MD Hit By Corruption Verdict Resigns From Board

Mohammed Ali was handed a three-year jail term and ordered to pay fines worth 600,000 rials

Abu Dhabi To Build Green Road To Dubai

The five-kilometre pilot project will link the existing Abu Dhabi- Dubai main road (E11) and the new Abu Dhabi-Dubai main road (E311).

Dubai’s Drake And Scull Secures $16m Contract In India

The contractor will perform MEP works for four towers in Mumbai’s New Cuffe Parade project.

Dubai’s Drake & Scull Wins $109m Contract In Qatar

The firm won a deal for mechanical, electrical and plumbing work at the Mall of Qatar, which is now under construction near Doha.

Dubai’s Arabtec Denies Drake & Scull Merger Speculation

Shares in Drake & Scull, which are up 93 per cent year-to-date, have been buoyed by the merger speculation.

Viceroy Dubai Palm Jumeirah Begins Construction

The $1 billion project will offer 479 rooms and suites and 222 Viceroy Residences with sea views.

Dubai’s Arabtec To Increase Target Engineering Stake

The deal will be funded by the proceeds from Arabtec’s recent rights issue.

Qatar To Issue New Labour Laws After Abuse Allegations

Qatar has pledged to renew its policies and ensure that migrant workers’ rights remain intact.