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Business | Construction
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Arabtec says projects unaffected by strike
Company liaising with UAE authorities, seeking quick resolution
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Dar Al Arkan lowers price guidance on sukuk
Saudi developer brings down yield guidance to around 6% in its quest
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Drake & Scull awarded SAR 1.7b Saudi contract
Contract relates to construction of Lamar Towers in Jeddah
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Dh330b approved for Abu Dhabi projects
Executive Council allocates funds for development programmes over
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Interior companies see growing demand
Local and international companies competing for hospitality interiors
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UAE tops GCC spend in home fit-outs market
UAE is also top regional spender on retail interior contracting
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Egypt settles dispute with Damac
Settlement involved two projects in New Cairo and a third near the
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DSI bidding for Dh15b worth of projects: CEO
Tabari says he has no plans to sell his own stake in Drake & Scull
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UAE’s GDP to top $395b this year
Construction, realty and services sectors seen driving growth,
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Bechtel eyes wider role in region
Riyadh Metro estimated to cost about $8 billion
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Emal phase II is 53% complete to date
$2.8 billion already committed to phase II
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DSI wins contracts in Saudi Arabia and India
Deals worth Dh385m are for infrastructure projects
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Gulf Capital gets loan from Commercial Bank
Gulf Capital to finance Gulf Related’s real estate project in Saudi
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Arabtec reports Dh99.7m first quarter net profit
First quarter revenue surges 20%
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Drake and Scull’s first quarter profit up 47%
Dubai contractor’s revenue increases 58%
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Will series of mega-projects create market glut?
Developers are taking a more realistic and cautious approach to
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MBR first phase within 3 years
Value of Mohammad Bin Rashid City-District One expected to reach Dh21b
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First project in MBR City in seven years
MBR City-District One market value could reach Dh21b
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Real estate: Aldar’s Q1 net profit slumps 67.7%
Revenue fell to Dh1.6 billion compared to Dh3.6 billion in the same
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Emirates cabin crew to live at Silicon Oasis
Airline strikes deal to build 5 towers to accommodate 2,000 staff
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