JLL exec: 'Saudi 2.5% land tax law one year away'

Jamil Ghaznawi, head of JLL KSA, told Construction Week that Saudi's law on taxing white land will require a year to take effect  


Blaze at under-construction Palm Jumeirah building

The fire, which started shortly before noon on 1 December, was contained within 30 minutes without injuries, Dubai Media Office said

"Dubai's real estate sector does not have much to worry about", property website Bayut reveals


Fire at Palm Jumeirah in Dubai

Thick black smoke was seen emerging from the location, close to the Palm Monorail track

IMG Worlds of Adventure is a themed entertainment destination, with four 'epic adventure zones': Cartoon Network, Marvel, Lost Valley - Dinosaur Adventure, and IMG Boulevard

"Fire and life safety is everyone's responsibility", Todd tells Construction Week


UK tower emits high-pitched noise in high winds

Manchester’s Beetham Tower is causing distress to local residents by emitting a loud howling noise in windy conditions

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Volvo debuts 750D, big breakers in Ras Al Khaimah

FAMCO hosted the UAE launch of Volvo’s latest large excavators and new attachments for quarries

Depa posts $1.9m loss in the nine months of 2015

Despite the economic challenges in the third quarter of 2015, Depa managed to sign contracts worth $75.9m (AED279m) across different geographies

Saudi Arabia plans $2.2bn fund for Kingdom Tower

Alinma Bank will finance the new fund, which is to be managed by Alinma Investment, Kingdom added without elaborating on how the money would be raised

Saudi Arabia approves 2.5% ‘white land tax’

A 2.5% annual tax on the value of undeveloped land designated for residential and residential/commercial use will be implemented in Saudi Arabia within the next 12 months

ORPIC to award $4.5bn plastic complex contracts

Oman Oil Refineries and Petroleum Industries Co says it has finalised negotiations with preferred bidders for a major plastics complex in the sultnate

One week left to win with CW 2015 Salary Survey

Complete Construction Week’s 2015 salary survey before Wednesday 2, December to be in with a chance of winning an iPad Air 2

Kuwait International Airport adopts smart parking

Deployed by United Projects for Aviation Services Company, the automated parking system aims to streamline traffic and reduce airport congestion

SSH to design new sewage treatment plant in Kuwait

SSH have engaged the highly-regarded process engineering company, P2MBerlin, as their preferred sub-consultant for the specialist elements of the project

Karcher reports significant growth in Qatar

The cleaning technology provider reported 20.8% yearly growth for the period 2012 – 2015, as well as the sale of 45,000 machines and spare parts in 2014.

Omani developer seeks $2.5bn funding from Qatar

An Omani developer is looking to Qatar to secure funding for an ambitious mixed-use tourism and real estate project in Muscat, estimated to cost $2.5bn.

One week left to win with CW 2015 Salary Survey

Complete Construction Week’s 2015 salary survey before Wednesday 2, December to be in with a chance of winning an iPad Air 2

CW Awards 2015: Shortlisted nominees

The following article contains all of the nominees shortlisted for the 14 categories that will be announced at Construction Week Awards 2015


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