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Mott MacDonald acquires JV partner Bentley

Mott MacDonald acquires JV partner Bentley

JN Bentley employs over 700 people with a turnover of $196mn


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New York construction worker awarded $62mn

New York construction worker awarded $62mn

Zeng Guang Lin received $20mn for past pain and suffering, $42mn for future pain and suffering and $60,086.27 for previous medical expenses following fall from roof
 
DP World says shareholders back $2.6bn EZW buy

DP World says shareholders back $2.6bn EZW buy

DP World last month said it would pay $2.6bn to Dubai World for its EZW logistics infrastructure firm and would delist from the London bourse due to thin trading volumes
 
Dubai's Drake and Scull mulls share buyback

Dubai's Drake and Scull mulls share buyback

Contractor's shares have plunged 42 percent since the end of October as part of a panic sell-off in the Gulf triggered by falling oil prices
 
Dubai-owned Las Vegas casino settles $500m lawsuit

Dubai-owned Las Vegas casino settles $500m lawsuit

Long drawn out lawsuit was against contractors involved in a defective 48-storey hotel tower
 

 

UAE markets soar on stronger oil

UAE markets soar on stronger oil

Dubai's equities benchmark surged 7.7% as all traded stocks rose
 
Sheikh Mohammed launches Dubai Plan 2021

Sheikh Mohammed launches Dubai Plan 2021

Roadmap outlines a new phase of development in the Emirate over the next seven years
 
Qatar risks losing World Cup without job reform

Qatar risks losing World Cup without job reform

Leading FIFA official to present proposal to the world governing body's Exco meeting on Friday
 
Slumping oil won't derail $500bn Gulf infra plan

Slumping oil won't derail $500bn Gulf infra plan

But states are being urged to consider the most effective funding mix for these schemes in the longer term
 
Dubai house prices, rents dip in Q3, says Cluttons

Dubai house prices, rents dip in Q3, says Cluttons

Latest research shows freehold transactions fell by almost one third during the third quarter of the year while house price growth slipped by 0.3%, marking the first decline since Q1 2011
 
Adhering to QICCA arbitration rules

Adhering to QICCA arbitration rules

Pamela McDonald is a solicitor at Pinsent Masons’ Qatar branch
 
Ezdan increases foreign ownership cap to 49%

Ezdan increases foreign ownership cap to 49%

In an effort to encourage foreign investment in Qatar, foreign ownership has been raised from 25% within Ezdan Holding Group
 
NAPCO posts Q3 profits of $1.26mn

NAPCO posts Q3 profits of $1.26mn

Revenues for the period totalled $35mn, reflecting continued quarter-on-quarter growth over the last nine months
 
Limitless eyeing land sale in $1.2bn debt deal

Limitless eyeing land sale in $1.2bn debt deal

Reports claim sale of land near Jebel Ali will help repay loan
 
Road and rail driving MENA and Nigerian economies

Road and rail driving MENA and Nigerian economies

Timetric estimates that $791bn of road and rail related projects are being planned or underway in the 21 countries studied
 
Rail works make up 32% of GCC transport projects

Rail works make up 32% of GCC transport projects

Transportation makes up to 20% of the total construction spend in Saudi Arabia where nearly $25bn is at the bidding stage or under development in the railway sector
 



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United Arab Emirates

DP World says shareholders back $2.6bn EZW buy

DP World says shareholders back $2.6bn EZW buy

DP World last month said it would pay $2.6bn to Dubai World for its EZW logistics infrastructure firm and would delist from the London bourse due to thin trading volumes








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