Successful promotional campaign aimed at saving energy – ’Saving starts at 24 degrees celsius’ – helped to save 8.9 percent of energy used in district cooling
GCC construction sector outlook
Construction
Dubai’s Arabtec raises $653m in rights issue
Construction firm sees 1.56bn new shares begin trading on Sunday
GCC construction sector outlook
CEO of Hastie MidEast flees UAE over bounced cheques
Top executives jump ship after contractor posts $145m in H2 2011
GCC construction sector outlook
‘Saudisation’ scheme will drive Filipinos to Qatar, official says
Displaced Filipinos may migrate to Qatar to fill in labour demand for construction frenzy
GCC construction sector outlook
Work starts on 258 homes for local Emiratis
Construction of 80 more homes also confirmed as part of housing initiative launched by UAE’s president
GCC construction sector outlook
Egypt’s Orascom Construction wins $450m of Saudi projects
Work to include civil, mechanical and electrical works including 2.1 million sq m of roads and walkways
GCC construction sector outlook
India’s L&T aims to challenge Korean hold on Gulf construction
Rising oil prices, development plans is spurring Mideast investment in refineries, infrastructure
GCC construction sector outlook
Qatar developer Barwa sees Q1 net profit surge on rentals
Barwa posts first-quarter net profit of QR549.48 riyals, aided by income from rents
GCC construction sector outlook
Average wage for Qatar’s expat labourers revealed
New research says uneducated worker earns $330 per month, $704 for educated labourers
GCC construction sector outlook
Saudi mortgage law a boost for contractors, says Shuaa
Low- to mid-level developers to benefit most from real estate boom, say analysts
GCC construction sector outlook
UK trade group upbeat on Mideast construction prospects
Chartered Institute of Building opens new Dubai office after it sees demand for managers grow
GCC construction sector outlook
Gulf states set for boom in public-private partnerships
Infrastructure boom, fear of risk will foster growth of private funding market, says analyst
GCC construction sector outlook
Orascom to do $141m of work for Emaar Egypt unit
The work will be for Emaar’s Egyptian unit on its Marassi project, on Egypt’s northern coast
GCC construction sector outlook
Dubai’s DSI wins $126m tourism deal in Egypt
CEO Khaldoun Tabari says burgeoning tourism industry in Egypt offers lucrative opportunities
GCC construction sector outlook
Saudi’s Samba tumbles as Q4 misses estimates
UPDATE 3: Samba Financial Group drops 3.2 percent, its biggest decline since June 5
GCC construction sector outlook
Al Habtoor Leighton to bid for World Cup deals in Qatar
Habtoor chairman weighs in on 2022 debate, says Arab world should back Qatar
GCC construction sector outlook
Saudi SABIC affiliates cancel plan for Jubail plant
Results of the feasibility studies by affiliates of Saudi Basic Industries Corp were not encouraging