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Italian contractor Saipem posts loss of $2.4m in Q1 2018 Saipem is involved in oil and gas projects across the Middle East.

Italian contractor Saipem posts loss of $2.4m in Q1 2018

The company's Q1 2018 performance marks an improved financial performance following the $331m loss reported in Q4 2017


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Etihad ESCO: Dubai needs contractors for retrofit projects worth $109m

Etihad ESCO: Dubai needs contractors for retrofit projects worth $109m

Etihad ESCO has more than 50 retrofit projects in the pipeline for Dubai but cannot implement them due to a shortage of contractors working in the sector
 
Dubai records 3,800 home handovers in Q1 2018

Dubai records 3,800 home handovers in Q1 2018

Q2 transactions will make up 46% of the handovers scheduled in Dubai for 2018, a new study by Cavendish Maxwell has revealed
 
UAE transport provider ET's 2017 procurement valued at $251m

UAE transport provider ET's 2017 procurement valued at $251m

The figure was announced as federal transport corporation, Emirates Transport, signed a three-year agreement to develop a platform that will help to digitise its procurement activities
 
ADGM Courts launch ‘eCourt’ platform co-developed with Microsoft

ADGM Courts launch ‘eCourt’ platform co-developed with Microsoft

The eCourt platform allows users to remotely initiate, manage, and monitor their cases from anywhere in the world, according to Abu Dhabi Global Market Courts
 

 

Dubai amends rule for low-rise building contractors

Dubai amends rule for low-rise building contractors

Contractors can now design and build metal structures of up to two floors without appointing a consultancy, it has been confirmed
 
EmiratesGBC to conduct two building retrofit courses in April

EmiratesGBC to conduct two building retrofit courses in April

Emirates Green Building Council (EmiratesGBC) is conducting two Building Retrofit Training (BRT) workshops this month
 
Kuwait bank provides $40m for Omniyat's Dubai twin towers

Kuwait bank provides $40m for Omniyat's Dubai twin towers

Burgan Bank's $40m facility will be used as construction finance for The Sterling, Omniyat's project in Burj Khalifa District
 
ADNOC pays shareholders $200m amid building spree

ADNOC pays shareholders $200m amid building spree

ADNOC Distribution plan to build 13 service stations in the UAE this year
 
Dubai-US forge concrete research partnership

Dubai-US forge concrete research partnership

The US will share concrete research with the Dubai Municipality, which may boost construction in numerous ways
 
Eagle Hills Sharjah launches sales for Azure Beach Residence

Eagle Hills Sharjah launches sales for Azure Beach Residence

Eagle Hills Sharjah has launched sales for Azure Beach Residence at Maryam Island
 
Sheikh Mohammed extends deadline for building on granted lands

Sheikh Mohammed extends deadline for building on granted lands

Duber Ruler ordered a three-year deadline extension for Emiratis building homes on government-granted land
 
Ministry official details changes to Oman’s housing scheme for locals

Ministry official details changes to Oman’s housing scheme for locals

Oman is offering citizens the option to go for built residential units like villas or apartments instead of plots of land
 
Oman reports 9% rise in GCC property owners in 2017

Oman reports 9% rise in GCC property owners in 2017

The number of GCC nationals who own real estate in Oman increased by 9% in 2017, going up to 1,210 from 1,107 in 2016, according to a Ministry of Housing report
 
Weekly Round up: Top contract news of 1-5 April, 2018

Weekly Round up: Top contract news of 1-5 April, 2018

Construction Week rounds up the top contract wins of the last week
 
UAE MoID inks three bilateral agreements to boost national infrastructure

UAE MoID inks three bilateral agreements to boost national infrastructure

Infrastructure spending is expected to boost the UAE economy during the next two years
 



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