The company’s shares were suspended by Dubai Financial Market on Thursday
Reuters reported on Wednesday that the firm had appointed new advisors for its restructuring efforts
The Mohammed bin Rashid Library in Al Jaddaf is slated to be the ‘biggest cultural project’ in the Arab world when it opens
The firm has been hit by a slowdown in the regional construction sector over the past few years
The company has appointed Moelis & Co to advice and assist with debt financial modelling and structuring options
The contract from Expo Dubai 2020 involved the construction of the public areas in the concourses and arrivals plazas
The company also confirmed that an investigation was underway against the previous executive management
Shareholders were scheduled to meet on September 27 to decide whether to dissolve the company
Sassan Hatam examines the biggest tech disruptors and their impact on productivity
The new hub will feature an Olympic-size swimming pool, a massive gym, a clubhouse, spa and a medical centre
The contract has been signed with Gulf Crete
The company will hold a general assembly on September 27 to vote on whether it should continue operating
The company posted a second-quarter net loss of $49.3m, with shares down 82 per cent since the end of last year
Drake & Scull’s stock price has plunged 80 per cent this year and hit a record low last week
DSI has seen its share prices drop over 79 per cent so far this year
The two new marinas will accommodate a total of 44 boats and yachts up to 30 metres long
Under the initiative, contractors can design and supervise metal structures for industrial projects without appointing consultants
The Dubai-listed contractor has seen its share prices drop about 70 per cent this year
The construction company has appointed PG Raut as its new CFO
The bridge will connect the manmade islands to the mainland
The bank bought a stake in Construction Products Holding for $75m in 2011
Among the project’s key features will be what is claimed to be the world’s largest sky pool
Contractors have endured years of financial difficulties after government payments were frozen in 2015-2016
The government is keen to ensure payments are made to thousands of Saudi Oger’s workers owed wages
Raheem Bani Zaman Lari explains why maximising value offerings is essential to delivering value in today’s construction industry
The club is intended to open alongside a new St Regis hotel in 2019
Al Jaber’s outlook has been boosted by expected wins of new construction projects
Jacobs Engineering Group will manage infrastructure delivery including roads, water, power and drainage
A total of 1104 buildings were completed across the emirate in Q3 this year
More than 967 companies from 87 countries operate in the free zone’s steel and building materials sector