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KBR posts huge loss due to restructuring costs KBR's engineering and construction arm will focus on oil & gas, petrochemicals and industrial projects

KBR posts huge loss due to restructuring costs

US-based contractor posts $1.24bn Q4 loss on revenues of $1.4bn


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Eagle Hills 'planning new $80bn Egyptian city'

Eagle Hills 'planning new $80bn Egyptian city'

New city will include an airport, hotels, and a mall as well as amenities such as hospitals and schools
 
RAK launches party island to 'rival Ibiza'

RAK launches party island to 'rival Ibiza'

Ras Al Khaimah developers targeting $4.9bn of investment at UK property show
 
Hilton inks three hotel deals for in KSA and Dubai

Hilton inks three hotel deals for in KSA and Dubai

Two new Garden Inn hotels destined for eastern Saudi and one for Dubai    1 Comments
 
Nshama unveils Town Square development for Dubai

Nshama unveils Town Square development for Dubai

Major community to have 21,000 homes and be anchored around open space town centre
 

 

Shapoorji Pallonji wins $525m Kuwait Uni contract

Shapoorji Pallonji wins $525m Kuwait Uni contract

India-based contractor picks up build, operate and maintain new colleges of social science, law and Sharia'a and Islamic studies
 
Damac announces plans for manmade Dubai rainforest

Damac announces plans for manmade Dubai rainforest

Developer says the forest will be housed under a massive dome and form part of the Akoya Oxygen project
 
Dewan says $1bn Reem Mall plans underway

Dewan says $1bn Reem Mall plans underway

Company is charged with engineering, master planning, architectural design, sustainability design and post contract services for the enormous project
 
RAK's Al Marjan Island draws in investors

RAK's Al Marjan Island draws in investors

Company behind RAK manmade island development says January sales doubled in 2015
 
FIFA taskforce advocates Nov-Dec 2022 World Cup

FIFA taskforce advocates Nov-Dec 2022 World Cup

Final decision on timing for tournament to be made by FIFA next month
 
More than 100 Torch apartments 'not accessible'

More than 100 Torch apartments 'not accessible'

Building insurer says residents of 101 units have been offered alternative accommodation for seven days
 
Embassy staff visit Saadiyat Island project sites

Embassy staff visit Saadiyat Island project sites

TDIC invites government officials from UK, US, Germany, India and Pakistan to view worker site and living conditions first hand
 
Emaar launches new Dubai Hills scheme

Emaar launches new Dubai Hills scheme

Project housing 479 one-, two- and three-bed apartments is the third to launch at the Dubai Hills community in Mohammed Bin Rashid City
 
Damac tops out two towers in heart of Riyadh

Damac tops out two towers in heart of Riyadh

Damac Esclusiva and Damac Tower by Paramount projects – both on King Fahd Road – have now reached their architectural heights
 
Ishraqah launches apartment sales at The Onyx

Ishraqah launches apartment sales at The Onyx

Developer of $354m mixed-use Dubai scheme being built by ASGC says it is nearing completion
 
Apex Real Estate plans project in Meydan district

Apex Real Estate plans project in Meydan district

Chinese developer Apex Real Estate is to launch its first residential project in Dubai’s Mohammed bin Rashid City’s District Eleven area
 



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