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Top five Saudi construction trends to watch in 2018

Increased public-sector investments, alternative financing models, and improved employment criteria are among the top trends to look out for in the kingdom next year

NEWS

Lootah Real Estate gives progress update on $136m Dubai project

Lootah Real Estate Development announced the completion of 47% of the construction work on three new G+2 residential buildings within the Ewan Residences community in Dubai

Newly-developed hospitality brand, which was conceptualised in Germany, is set to make its debut for the first time outside Europe

NEWS

Gemini breaks ground on 29-storey residential project in Dubai

Gemini Property Developers has broken ground on the construction of its 29-storey Symphony tower in Dubai’s Business Bay

Construction on the $1bn Gate Avenue project in Dubai International Financial Centre (DIFC) is now 85% complete

The acts to begin work on the project's general construction contract, as well as the contract for the supply of nuclear fuel to the plant, were signed in Cairo

NEWS

Bloom CEO says UAE property market region's top performer in 2017

The UAE’s real estate market outperformed those of other countries in the Middle East this year, Bloom Holding's Sameh Muhtadi tells Construction Week

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Abu Dhabi office market to face weak yields into 2018

Abu Dhabi’s office market has continued to face weak rental yields in 2017, a segment that is expected to remain under pressure in the coming year

Dubai’s IEMSC gets ePROMIS ERP upgrade for VAT compliance

International Electro-Mechanical Services Co. L.L.C. (IEMSC) has signed a software contract with ePROMIS MEA for consultation and implementation of VAT functionalities of its Enterprise Resource Planning software platform

Saudi developer launches $218m project with Roberto Cavalli in Dubai

Saudi-based real estate developer Dar Al Arkan has launched its first international project with a $218m (AED800m) Roberto Cavalli designed residential development in Dubai

Saudi Arabia signs $2.4bn contracts for Makkah water projects

Saline Water Conversion Corporation has signed several deals to increase water supply to some governorates in the Makkah region

Majis Industrial launches Phase 2 of $31m waste plant in Oman

Majis Industrial Services has launched the second phase of its central plant for the treatment and recycling of liquid industrial waste in the port of Sohar

Lack of regulations cause of building fires in Middle East

Lack of local regulations is the reason for fire and safety failures in the Middle East, according to Lucia Ortega, senior consultant at Jensen Hughes

Caterpillar unveils design refinements to grapples with new series

The new Cat GSV520 and GSV520 GC orange-peel grapples feature a new rotation design and vertical cylinders, and are available in a five-tine shell configuration

Video: Meet CW Awards 2017's Contractor of the Year

Watch ASGC's chief operating officer talk to ConstructionWeekOnline about the contracting giant's achievements this year, and its plans for 2018

Date for Bahrain's Amwaj Gateway auction announced

Bahrain’s Judicial Committee for the Settlement of Stalled Real Estate Projects will publicly auction the Amwaj Gateway development project on 13 December, 2017

Caterpillar unveils design refinements to grapples with new series

The new Cat GSV520 and GSV520 GC orange-peel grapples feature a new rotation design and vertical cylinders, and are available in a five-tine shell configuration




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