• Login



Tue05212013

Last update08:18:07 AM GMT

Back Knowledge Bank Press Releases

Press Releases

Drake & Scull wins $453m Saudi Lamar Towers deal

  • PDF

Drake & Scull Construction, the general contracting arm of the Dubai-based MEP specialist, has won a $460m (SR: 1.725bn) contract to complete the building of the the Lamar Towers project in Jeddah.

Dubai Holding, Emaar relaunch The Lagoons project

  • PDF

Dubai Properties Group (DPG), and Emaar Properties, Dubai's largest developer, have taken the decision to restart ‘The Lagoons’ project on Dubai Creek with construction work likely to restart soon, according to a media report.

MMC seeks $53.3m compensation over Jazan contract

  • PDF

Diversified Malaysian conglomerate MMC Corp Bhd is claiming more than $53.3m in compensation from Saudi’s government over the termination of its $30bn contract to develop Jazan Economic City.

Abu Dhabi begins $107m of Khalifa City A upgrades

  • PDF

Abu Dhabi's Municipality has begun a $107.8m (AED: 396m) programme of infrastructure improvement works at Khalifa City A.

Exxon Mobil and Qatar plan $10bn LNG terminal

  • PDF

Exxon Mobil and Qatar Petroleum International have announced plans to build a $10bn natural gas liquefication facility at Sabine Pass on the Gulf of Mexico, reported the Dallas Times.

Abu Dhabi approves $400m for infra projects

  • PDF

Abu Dhabi's Executive Council has granted AED: 1.5bn ($408.4m) to allow a number of new infrastructure projects to progress.

Azmeel wins Emaar Middle East Jeddah Gate contract

  • PDF

Emaar Middle East, a subsidiary of Dubai-based property developer Emaar Properties, has awarded a construction contract to build its Abraj Al Hilal 2 residential complex in Jeddah Gate to Azmeel Contracting & Construction Corporation.

Meydan, Sobha form JV for $5.7bn MBR City project

  • PDF

Meydan Group has today announced the formation of a joint venture contractor with Sobha Group to develop a 400-ha residential development within Mohammed Bin Rashid City.

Qatar to spend $45bn on infrastructure in 2013

  • PDF

More than $350bn worth of infrastructure development projects are planned across the GCC in 2013 - of which $45bn is set to come from Qatar, according to Doha Bank CEO Dr R Seetharaman.

Iraq Infrastructure & Construction Summit; the first summit after local elections in Iraq

  • PDF

With less than a month to go, the Iraq Infrastructure & Construction Summit hosted by global summit organiser, IRN will take place 22-23 May at the Jumeirah Beach Hotel in Dubai.

Contract signed for 7,000 new houses in Riyadh

  • PDF

Saudi Arabia's Ministry of Housing has agreed a contract for 7,000 new homes to be built in Riyadh.