The governmentof Saudi Arabia has unveiled plans for a $500bn new economic zone known as NEOM in the kingdom’s northwestern region.
The European Bank for Reconstruction and Development (EBRD), Green Climate Fund (GCF) and the Dutch Development Bank (FMO) have granted $87m in funding for the construction and operation of two solar photovoltaic (PV) power plants in Egypt.
Multiplex Constructions has bagged a mixed-use twin tower construction contract from the UAE-based Address Residences Jumeirah Resort + Spa.
Spanish renewable energy company Acciona Energía has teamed up with Swicorp (Saudi Arabia) to build and own three identical photovoltaic plants in Egypt.
Zublin Construction has won a contract worth AED500m ($136m) from the Department of Culture and Tourism (DCT) of Abu Dhabi to renovate the Cultural Foundation Building at Qasr Al Hosn in UAE.
China State Construction Engineering Corp (CSCEC) has been awarded a contract worth $3bn by the Egyptian government to build a Central Business District (CBD) in Egypt’s new administrative capital.
UAE-based APCC Piling and Contracting has won an AED165m ($45m) contract from real estate developer Nakheel to build six marinas at its Deira Islands project.
Al Qabdah Building Contracting has won an AED400m ($109m) contract from Jumeirah Golf Estates (JGE) to build a mid-market luxury residential community, known as Alandalus, in Dubai, UAE.
Azizi Developments, a UAE-based real estate developer, has announced that construction work is progressing well at its AED12bn ($3.26bn) waterfront project Azizi Riviera in Dubai's Meydan One district.
The government of UAE has launched its Mars Science City project to build a city that replicates life on red planet Mars.
Emaar Properties, a UAE-based real estate firm, is set to develop nearly 10 million sq ft of waterfront residences and a brand-new hotel project at Dubai Harbour.
Ithra Dubai, the real estate firm owned by Investment Corporation of Dubai (ICD), has broken ground its mixed-use development project One Za’abeel in Dubai.
The hydrocarbon division of Indian engineering conglomerate Larsen & Toubro (L&T) has won an EPC contract worth INR17bn ($264m) for the construction of an oil pipeline in Kuwait.
A consortium of CB&I and Saipem has bagged an EPC contract to construct storage tanks for Greenfield Refinery in Oman.
Real estate developer Seven Tides has started construction on SE7EN Residences The Palm, a new residential development on the trunk of Palm Jumeirah.
A consortium comprising Saudi Arabia-based ACWA Power and Shanghai Electric has won an AED14.2bn ($3.86bn) contract to build fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park located in Seih Al-Dahal in Dubai.
Sharjah Holding, a joint venture (JV) of Majid Al Futtaim Properties and Sharjah Asset Management Holding, has unveiled the second phase of Al Lilac neighbourhood at Al Zahia, a mixed-use community in the UAE.
Consulting engineer Ramboll has been awarded a contract by the UAE-based real estate developer Imkan, to serve as the lead consultant for “Makers District” development in Abu Dhabi, UAE.
The construction industry in Qatar has been expanding at a rapid pace in recent years, but a regional diplomatic crisis could greatly undermine the industry’s growth prospects.
UAE-based real estate developer Kleindienst Group has announced a new AED2.5bn ($680m) underwater luxury vessel resort at Cityscape Global in Dubai.