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Construction costs set to rise in UAE, Saudi Arabia in 2024: Report
Dubai, UAE --Â Construction costs are set to increase in the UAE by 2-3 percent, and in Saudi Arabia by 5-7 percent in 2024, following an increase of 3 percent and 7 percent respectively in 2023. Increases will challenge construction firms, which will need to develop new processes and capabilities to...
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Emaar EC eyes $3bn capital hike
Its board of directors has okayed a 33% hike in its capital. -
Al Zorah selling new Ajman plots
Th plots are part of phase 2 of The Fairways project in Ajman. -
Stella Stays eyes $12bn Bahrain push
This is part of its expansion plans in the Middle East region. -
Meydan taps Empower for cooling
Empower will also acquire the existing cooling plant in the area. -
Bahrain mall eyes $159m expansion
The expansion work on The Avenues will be launched in Q3 2021. -
Qatar Petroleum begins expansion
It has awarded an contract to Madrid-based Técnicas Reunidas. -
Dubai Investments to deliver $953m mixed-use projects by H2
The handover portfolio includes the final phase of the Mirdif Hills Project in Dubai and the Al Taif Business Center project in Fujairah. -
Azizi Developments records 263% hike in broker registrations
The developer has strengthened and expanded its broker relationships following the introduction of its revamped channel partner strategy -
Bahrain invites bids for BIA Cargo Express Village project
The request for proposal has come from the Bahrain Airport Company, with the deadline for submitting the bids being September 12. -
Dubai issues regulations for 3D-printing in construction
The new legislation supports the emirate’s target to ensure that 25% of its buildings are constructed using 3D-printing technology by 2030. -
16,000 more Palestinians to get work permits in Israel
Jobs in Israel offer higher wages but Palestinians complain they do not get paid as much as their Israeli counterparts or enjoy similar labor protections. -
16000 more Palestinians to get work permits in Israel
Jobs in Israel offer higher wages but Palestinians complain they do not get paid as much as their Israeli counterparts. -
Fewer foreign workers leave Saudi job market in Q1 2021
The highest (237,000) number of foreigners left their jobs between the second and third quarters of 2020 -
Saudi Arabia has invested $650 million in Bahrain road sector
Saudi Arabia has invested around $650 million in the road sector of Bahrain through the Saudi Fund for Development -
L&T wins contract for 132/11kV Dubai substation
L&T’s construction arm has won several orders in India and abroad, including one for a 132/11kV power substation in Dubai -
Emaar marks sukuk listing with bell
Emaar Chairman rings Nasdaq Dubai bell to celebrate $500m Sukuk listing. -
Jeddah Economic City: 90% of road, landscaping work done
The megaproject includes the world's tallest tower The city will have 210 towers that will be over 30 floors high Jeddah Economic City — one of Saudi Arabia’s flagship megaprojects, which will include the world’s tallest tower — is nearing completion on all road construction and landscaping work, according to... -
Saudi Crown Prince urges local businessmen to invest in Egypt
About 150 Saudi investors and businessmen ready to invest in Egypt Saudi Arabia has opened an office of the Saudi-Egyptian Business for investment in Egypt Saudi Crown Prince Mohammed bin Salman has urged local businessmen to make investments in Egypt, Al Arabiya reported citing the Chairman of the Business Council...