Dubai-based developer Nakheel has unveiled luxury residences in Dubai.Ibn Battuta Residences will feature 531 luxury apartments — 395 two-bedroom and 136 three-bedroom apartments — with access to over 400 shops, restaurants and entertainment facilities. The two 48-floor buildings — to be located just off Sheikh Zayed Road, next to Ibn Battuta Mall — will also include a podium-level health and recreation complex, a gym, and four levels of car parking with 900 spaces.The development will be in close proximity to the Dubai Metro, Ibn Battuta Bus Station and Jebel Ali park. Nakheel chairman Ali Rashid Lootah said: “Ibn Battuta Residences are strategically located at one of the fast-growing areas in Dubai.“The apartments — the highest standard of accommodation available in Jebel Ali — are ideally placed for people who work at the nearby Jebel Ali Freezone or Dubai South, and, being less than an hour by car from Abu Dhabi, offer a convenient address for those who regularly travel to the capital.”The project is expected to be complete in the fourth quarter of 2019.
A joint venture of J&P Qatar WLL, Conspel Qatar WLL, J&P‐Avax and J&P (Overseas) has been appointed as the main contractor for the Qatar Foundation World Cup stadium.The project — to be located in Doha’s Education City — was awarded by Qatar’s Supreme Committee for Delivery & Legacy (SC). The stadium will be able to accommodate 40,000 spectators, which will be reduced to 25,000 once the 2022 FIFA World Cup finishes. The main-works contractor will be progressing with the schematic design, finishing the foundation works and securing a substantial portion of the structural steel for the super structure by the end of 2016.SC secretary general Hassan Al Thawadi said: “We are pleased with the progress of Qatar Foundation stadium and are hitting our construction deadlines. With the main contractor now appointed we look forward to watching it grow from foundation level to full completion in 2019.“Over the next four years we’ll be working closely with our new partners to ensure we deliver an outstanding, legacy-orientated stadium at Education City that will serve the community long after the last ball is kicked.”The project is scheduled to be complete by the end of 2019.
Dubai Holding has unveiled its Jumeirah Central community masterplan in Dubai.Jumeirah Central will be located on Sheikh Zayed Road and will comprise 4M sq m of gross floor area. The project will involve the construction of 11,000 residential units, 93,000sq m of retail space and 743,000sq m of office space. It will also include 7,200 hotel rooms, 40 new entertainment attractions, 37 plazas and 33 parks, as well as 25 points of access and eight modes of transit such as metro, tram, buses and aerial transportation system. Morgan Parker, Jumeirah Central chief operating officer, said: “Dubai Holding’s experience, together with extensive stakeholder consultation and research looking at the most innovative new cities across the world, will ensure we create high-value real estate to stimulate inbound, international institutional investment in the region, adding to the growth of Dubai’s non-oil economy.”The first phase of the development will break ground in 2017, while site clearance and preparation works are already underway.
Farglory Middle East has appointed UAE-based civil construction company Al Fara’a Group as the main contractor for its $1bn Maryah Plaza project in Abu Dhabi.The project, to be located at the waterfront in Al Maryah Island’s new financial free zone, will include the construction of four towers with a mix of residential and commercial space.The first of three 29-storey residential buildings will be complete in 2018, offering a range of homes from one-bedroom apartments to penthouse suites with private swimming pools and terraces.The fourth and largest tower will feature offices, serviced apartments, and a boutique hotel with restaurants, cafes, and shops.Al Fara’a Group president and executive chairman Adel Saleh said: “We are delighted to be working on such a prestigious development on our home turf alongside such dynamic and forward thinking partners.“We understand the importance of Al Maryah Island to the future of the capital and therefore the significance of Maryah Plaza to the Abu Dhabi Vision 2030.”The first phase of the development is expected to be complete in 2018, two years later than originally planned, while the remaining phases are scheduled for completion in 2022.
Larsen and Toubro’s construction unit has secured contracts worth INR14.58bn ($218M) across its various business segments.The company’s power transmission & distribution business has won engineering, procurement and construction (EPC) contracts worth INR6.54bn ($97.8M) in the international and domestic markets.The business has been awarded a contract by the National Grid Saudi Arabia — a subsidiary of Saudi Electricity Company — for the construction of a 132kV double circuit transmission line and a 132kV cabling in the Rafah, Arar, and Sakaka areas of Saudi Arabia.Furthermore, the business has won an order, under the Integrated Power Development Scheme (IPDS), from Kanpur Electricity Supply Co. Ltd. (KESCo). The Urban Electrification project involves the design and construction of new substations and feeders and the upgrade of electricity network of Kanpur city in Uttar Pradesh.The business has also won a contract from Power Grid Corporation of India for the construction of gas insulated substations in Vadodara, Navasari, Pune, and Gwalior cities. The building & factories business has been selected for projects valued at INR5.18bn ($77.4M) in the domestic market.It has won an order from a paint manufacturing company for the construction of a new manufacturing facility in Karnataka. The scope of the project includes civil and allied structural works.Additionally, the business segment has secured a residential project at Bengaluru. The contract includes civil and structural works for the construction of seven towers of G+14 and 11 towers of G+15 with two levels of common basement.The company’s smart world & communication business has won a contract worth INR2bn ($29.9M) from Bihar State Electronics Development Corporation (BSEDC) for the implementation of a wi-fi project in the campuses of government universities, constituent colleges and other premier academic institutions in the Indian state of Bihar.Larsen and Toubro’s other businesses also secured orders worth INR860M ($12.8M) across various ongoing projects.
Dubai-based developer Nakheel has unveiled plans for a new AED16bn ($4.4bn) retail project at Nad Al Sheba in Dubai, UAE.The scope of the project will include the construction of a 112,000sq m shopping, dining and entertainment hub at Nad Al Sheba master community, where 1,500 villas are currently under construction.Nad Al Sheba Mall will feature 47,000sq m of retail space and about 200 shops, restaurants and entertainment outlets including a supermarket, department stores, a multi-screen cinema, and a medical and fitness centre. Nakheel has chosen AE7 to oversee the design, engineering and construction supervision of the project. A construction contract is anticipated to be awarded in the fourth quarter of 2016.Nakheel chairman Ali Rashid Lootah said: “Nad Al Sheba Mall is the latest addition to our rapidly-expanding retail project portfolio, which will see the delivery of 1.2Msq m of leasable space in the next three to five years, adding to the 372,000sq m already in operation. “The mall will be the vibrant centrepiece of our Nad Al Sheba community, providing on-the-doorstep facilities for residents and a new shopping, dining and leisure hub for people elsewhere in Dubai.”
Saudi Arabia and China have signed a memorandum of understanding (MoU) to build 100,000 homes in Al-Ahsa, Saudi Arabia, Saudi Press Agency reported.The MoU was signed between Saudi’s minister of housing Majed Al-Huqail and Chinese deputy minister of trade Quian Keming. This followed the visit of deputy crown prince Muhammad Bin Salman to China. A memorandum of cooperation was also signed between Al-Huqail and China’s Ningxia region to develop the Al-Asfar outskirts in Al-Ahsa province. According to Saudi’s minister, Al-Asfar District occupies an area of 54M sq m, and the 100,000 houses to be built will include high-quality villas and apartments with different options. In August, Saudi Arabia announced an $800M social housing project in partnership with the private sector.
The Mall of the World shopping complex in Dubai has been relocated to a site on Sheikh Mohammad Bin Zayed Road, according to developer Dubai Holding’s statement. In the new location, the company said, “the project’s positive tourism contribution can be fully realized”.Ahmad Bin Byat, vice chairman and managing director of Dubai Holding, said: “Tourism remains a major part of Dubai’s diversification strategy and Mall of the World will be a critical part of that vision. “Dubai Holding is committed to developing Mall of the World, a major retail and leisure destination in the region, and believes that the new location on Sheikh Mohammad bin Zayed Road, will be an outstanding home for the project, as it will allow Dubai Holding to further expand as needed in the future according to market needs.”The shopping and leisure complex will now undergo extensive planning to become a major retail and leisure destination, according to the statement.The project’s — first announced in 2012 and initially planned to be located on a site in Mohammed bin Rashid City — first phase is expected to be complete before Dubai hosts the Expo 2020 exhibition.Mall of the World includes 745,000sq m of shopping space connected to a theme park, 100 hotels, and apartment buildings with 20,000 rooms.
Galfar Engineering and Construction has secured a contract to build a fishery port and related marine and road works at the Special Economic Zone in Duqm, Oman.The contract has been awarded by Duqm Special Economic Zone Authority (SEZAD), and is valued at OMR60.69M ($157M).The project will include dredging and land reclamation works, construction of breakwaters, quay walls and concrete floating pontoons with berthing facilities.The facility will anchor a world-scale Industrial Fisheries Cluster at Duqm, and, once finished, is set to be the largest fish harbour project in the country. Construction work is expected to be complete in 30 months.
Abu Dhabi-based developer Aldar Properties has awarded Fibrex the main contractor package to deliver its Shams Meera residential development in Shams Abu Dhabi on Reem Island.The AED258M ($70M) project will be located a short walking distance from the planned Shams Park, the Shams Marina and the East Shams public beach amenities. The scope of the contract will include the construction of two 25-storey towers. The towers, featuring 400 apartments, will share an underground basement car park, swimming pools, a children's play area and a garden. The development will also include canal walks, parks, a public beach, community mosques, schools and hospitals, healthcare facilities, and retail outlets.Aldar Properties’ CEO HE Mohamed Khalifa Al Mubarak said: "From day one the response to Shams Meera has been really encouraging, showing us that there is significant demand for high quality mid-market homes in Abu Dhabi's prime destinations."Shams Meera, located adjacent to Abu Dhabi's thriving CBD will offer an enriched community living experience, and we look forward to the development's completion and the positive impact it will have on Shams Abu Dhabi and surrounding area."
Construction work in Bahrain’s North City is set to start, after receiving AED374M ($101M) in funding from Abu Dhabi Fund for Development (ADFD).The country’s new city, also known as Al Madina Al Shamaliya, will eventually house up to 90,000 people in affordable accommodation. The funding will support the start of the land reclamation and the project’s construction work.The AED2.56bn ($696.9M) second phase of the project will follow and will involve construction of the first 2,694 houses.Bahrain minister of housing Basim Bin Yacob Al Hamer said: "We are hugely appreciative of this funding, which will help us [relieve] some of our chronic housing shortages here in Bahrain with the North City project. “I hope that such economic and social development, such as with our new airport, will be a catalyst for national and regional growth."According to the minister of housing, the development forms part of a broader plan to build 40,000 new homes.ADFD director general Mohammed Saif Al Suwaidi said: "The North City project is an important project, which will be an economic boost to Bahrain through new construction and opportunities, as well as easing urgent overcrowding issues.”
Turkey’s Tekfen Construction has signed a $2.1bn pre-agreement with the government of Qatar for the construction of the Al Khor Expressway project.The scope of work will include the construction of a 34km-long highway in the Middle Eastern country, featuring 10 lanes. It will also involve the construction of viaducts, road junctions, overpasses and underpasses. Turkish minister of transport, maritime affairs and communications Ahmet Arsalan said: "The Al Khor Expressway project will be a great example of collaboration between Qatar and Turkey."Qatar is going to host the FIFA 2022 World Cup and introduce great projects through its 2030 National Vision. Turkish contractors have immense knowledge, experience, and workforce in order to accomplish these projects."The project is expected to be delivered within three years.
Shriram EPC subsidiary Shriram EPC FZE, Sharjah, has won a $230M contract from UAE-based company Moon Iron And Steel for a ‘mini mill’ project in Sohar, Oman.The scope of the contract will include the construction of the balance of plant (BoP) for the mill, which will have a capacity of 1.2 metric tonnes per annum.Shriram EPC managing director and chief executive T. Shivaraman said: “The order win demonstrates the operating excellence of our team.“Given the slowdown in the steel and metals business in India with capacity expansions on hold, this overseas order will enable us to maintain and strengthen our position in this sector.“It will also give us a strong base to expand our business in the Middle East market.”The contract has been awarded by Moon Iron and Steel, an Oman-based company with investments from Gulf Investment Corporation, Oman Development fund and Sultan's Special Forces Pension fund.Work on the project is expected to be complete within 32 months.
Saudi Arabia is planning an $800M social housing project in partnership with the private sector, according to reports in the local media.The new residential units will be handed to widows and orphans in cooperation with the Ministry of Housing, and charities. The Kingdom is currently tackling a shortage of housing — in December 2015, the Housing Ministry said that the country will need an extra 3M houses by 2025.The Saudi Arabia government is urging investors to finance the project via a build-operate-transfer (BOT) or public-private partnership.Under the BOT, investors would fund the construction and receive financial returns from the sale or rent of the homes.
Developer Nakheel has released construction tenders for two new hotels in Dubai.The two, 3-star hotels will add a total of 670 rooms to the company’s hospitality portfolio.A 295-room hotel will be built in a 17,000sq m site at Dragon City — a shopping, residential and leisure destination — and will feature a restaurant, coffee shop and gym.The 15-storey, 375-room hotel, to be built at Ibn Battuta Mall, will include an all-day restaurant, gym and pool deck.The buildings are set to complement existing hotels at the two retail hubs, where major expansions will continue. The Dragon City expansion includes 204,000sq m of retail space, two residential towers containing 1,120 apartments and a car park facility with 6,200 spaces. Once completed, it will increase the size of the city to more than 1M sq m.The 400,000sq m expansion of Ibn Battuta features a 93,000sq m mall, a new cinema complex and a 7,000–space car park.
UAE-based developer Nakheel has awarded an AED1.5bn ($408.3M) contract to Dhabi Contracting for the construction of its Al Khail Avenue retail, dining and entertainment hub in Dubai.The 186,000sq m Al Khail Avenue has more than 112,000sq m of leasable space, 70% of which is already booked. It will feature cafes and restaurants, and a 4,000-space multi-storey car park, which can be accessed directly from Al Khail Road.The developer it is also adding a 252-room hotel to the complex. The 18-storey hotel will feature an all-day restaurant, coffee shop, lounge, outdoor terrace, pool deck gymnasium and car park. It will be directly connected to Al Khail Avenue and its 350 shops, restaurants and entertainment outlets. Earthworks at the site — alongside Dubai’s Al Khail Road on the edge of the Jumeirah Village Triangle (JVT) community — finished in June 2016 and construction work is scheduled to commence in October 2016. The development is expected to be complete in the first quarter of 2019.
Emaar Properties has unveiled new residential towers in the Opera District in Downtown Dubai.The “Act One | Act Two” residences are housed in 52- and 46-storey towers with views of the Burj Khalifa and Mohammed bin Rashid Boulevard, and located close to the Dubai Mall. The towers will feature 718 residential units as well as retail units and cafes, a health club, a spa and swimming pools.Emaar Properties’ managing director Ahmad Al Matrooshi said: “Act One | Act Two are truly a defining destination of choice for all culturally inclined as they now have the unique value proposition of living right next door to Dubai Opera.“A premium development that celebrates the vibrant cultural lifestyle of the city, the residences bring a one-of-a-kind lifestyle choice to the city.“The international launch of the project underlines the strong demand from discerning investors who cherish the inspired way of life that Act One | Act Two brings.”The residential towers will be launched internationally on a sales event in London on Wednesday, 10 August, at Harrods, followed by the Dubai launch on Thursday, 11 August, at Emaar Sales Centres.
Construction firm Al Futtaim Carillion has been selected as the preferred tenderer for the construction of the $1bn Reem Mall project in Abu Dhabi.The project, developed by NREC in partnership with UPAC, will deliver 186,000sq m of leasable area. It will feature about 450 stores, including 85 food and beverage outlets and a range of family-focused entertainment offerings. Reem Mall is set to discuss the contract details with Al Futtaim Carillion exclusively, with the aim of finalising an agreement for the mall’s construction.Abu Dhabi-based Dutch Foundation is currently carrying out the enabling works, which involves excavation, lateral restraint systems, and dewatering. Reem Mall’s chief operating officer Shane Eldstrom said: “The announcement marks yet another milestone for Reem Mall and comes on the back of final permission to construct received from Abu Dhabi Municipality earlier this month.“Al Futtaim Carillion was selected as the preferred tenderer due to its strong track record of delivering significant high quality projects in the region, and its team of construction experts. We look forward to successfully completing the tendering process.”Al Futtaim Carillion’s managing director Andrew Ridley-Barker said: “Al Futtaim Carillion prides itself on delivering some of the most notable projects in the region. We hope to have the process concluded shortly and deliver this important retail project to the people of Abu Dhabi.”
Al Jaber Building has won a contract worth AED370m ($100m) from the Tourism Development & Investment Company (TDIC) for the construction of Jawaher Saadiyat villa complex in Abu Dhabi.
Dubai-based healthcare provider Thumbay Group has announced the construction of 6 hospitals and 12 clinics in the UAE and beyond. The healthcare facilities, part of Thumbay’s AED1.2bn ($326M) expansion plan, will be located in the UAE, Qatar, Egypt and India, as well as in other countries. The group’s healthcare and retail division vice president Akbar Moideen Thumbay has said that the group expects to build 420 new medical facilities — including hospitals, medical universities, clinics and pharmacies — over the next four years. The number of staff is also expected to increase from the current 4,000 employees to around 15,000 by 2021.