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Creditors of troubled developer Saudi Binladin receive loan payments

Saudi’s Ministry of Finance paid Binladin SAR6bn last week

Work begins on Dubai Mall’s Mohammed bin Rashid Boulevard expansion

The new area will form an active link to Mohammed bin Rashid Boulevard and the mall’s Fountain Views expansion

Abu Dhabi’s Aldar awards $203m contract for The Bridges

The project is scheduled for handover in the first quarter of 2020

Saudi’s PIF to lead $4.8bn redevelopment of Jeddah’s corniche

The development will transform the area into a residential, tourism and entertainment hub

Saudi to halt recruitment of less experienced foreign engineers from 2018

Applicants’ experience will be checked and documented to ensure compliance, according to officials

Construction work begins at Uptown Dubai district

The project was originally known as Burj2020

UAE’s ARACO wins contracts for three projects valued at $108m

ARACO will take responsibility for the architectural, MEP, structural design and other work across the projects

Nakheel assesses construction bids for RIU resort at Deira Islands

The lowest bid for constructing the 800-room resort stands at Dhs363m

Dubai contractor Drake & Scull appoints new chairman, MD

The company has also named a new vice chairman as part of an organisational restructuring

Dubai’s Deyaar could turn to banks for Dhs1bn tower, plans Montrose handover in Nov

Deyaar launched the 63-storey South Bay yesterday

Abu Dhabi developer Aldar completes Repton school on Reem Island

Construction on the school began in May 2016 and was completed in August 2017

Dubai contractor Drake & Scull confirms chairman resignation

Majid Saif Al Ghurair has also resigned from the company’s board

Dubai construction firm UNEC plans to raise Dhs1bn loan

The company is building the Dhs6.1bn Deira Mall in Dubai for Nakheel

Oman counts on Chinese billions to build mega city at Duqm

Oman aims to transform Duqm, a fishing village south of Muscat, into an industrial centre

Video: Dubai’s new tallest tower takes shape

The $1bn mixed-use building will form the centerpiece of the 6 sqkm Dubai Creek Harbour

Abu Dhabi’s Bloom Properties begins work on JVC project

The developer has awarded the contract for the enabling works of its mid-income residential project, Bloom Towers

Saudi halts recruitment of foreign engineers with under 5 years’ experience

Expatriate engineers will also be required to undergo a professional test and a personal interview

Al Naboodah appointed main contractor for Creekside 18 project in Dubai

Creekside 18 residences is a two-tower apartment complex in the Dubai Creek Harbour project

Drake & Scull unit wins Dhs175m contract in Dubai

The contract has been awarded by Orion Real Estate Development to build the West Bay residential tower

GCC project awards fell in H1, but expected to pick up

Saudi was the only regional country where contract awards rose 12 per cent from a year ago

Saudi to restart work on $26.6bn Grand Mosque expansion

A crane collapse at the site killed 107 people in 2015

Drake & Scull to proceed with Dhs233m contract for Fairmont Abu Dhabi

The contract was initially awarded in July 2013, with the work scheduled for completion by June 2015

Dubai Lamp to become mandatory for new buildings by year-end

The government eventually plans for 80 per cent of buildings in Dubai to use the lamp

Dubai’s Drake & Scull terminates CEO after less than a year

The group also confirmed the resignation of former executive vice chairman and CEO Khaldoun Al Tabari

Nakheel to award contract for Dragon Towers this year

The developer is assessing five proposals for the construction of the residential towers

Workers at Dubai company behind Apple HQ roof go without pay – report

Premier Composite Technologies reportedly faced similar financial issues in January

Dubai’s Nakheel awards contracts worth Dhs430m for Deira Islands

The contracts are for a sewage treatment plant, a district cooling plant, a substation and piling work for the 800-room RIU resort

Dubai builder Arabtec swings to Q2 profit

It was Arabtec’s second straight profitable quarter

Dubai’s Arabtec wins Dhs628m contract from Damac for Akoya Oxygen project

The contract covers the design and construction of the main works for 1,296 villas

Struggling construction firm Saudi Oger shuts down – report

The company, owned by the family of Lebanese Prime Minister Saad al-Hariri, closed after 39 years in operation