News / Middle East
UAE’s Dubco Wins AED 194.5M Zayed Housing Program Deal
Dubco Construction, a Dubai-based firm, won an AED 194.5 million ($53million) contract to build and maintain homes for the country’s Zayed Housing Program.
UDC Signs MoU to Sell Pearl-Qatar Tower
United Development Company (UDC), a Qatar-based public shareholding Company, signed a Memorandum of Understanding (MoU) for the sale of AQ-02 office tower located at The Pearl-Qatar, within Abraj Quarter precinct.
Dubi’s RTA Contracts AED 703M Deals for Dubai Water Canal
Dubai’s Road and Transport Authority (RTA) awarded contracts for AED 703 million ($191 million) for construction work of the fourth and fifth phases of the Dubai Water Canal Project.
Abu Dhabi Launches Second Phase of Kizad Logistics Park
Abu Dhabi Ports, master developer, operator and manager of Khalifa Industrial Zone (Kizad), announced the launch of Phase 2 of Kizad Logistics Park (KLP)
Work Starts on AED 1B Dubai Hotel
Omniyat Group, Dubai-based real estate Company, announced it has awarded the enabling works contract for the Langham Place Hotel and Residences in Downtown Dubai, an AED1 billion ($272 million) investment.
Kuwait Set to Sign KWD 302M Infrastructure Deal
The Kuwaiti Ministry of Public Housing will contract out KWD 302 million ($1 billion) to a partnership between Italian Contractor Salini Impregilo and Turkey’s Limak Construction for roads and infrastructure works on South Al Mutall City Project. Dubai Properties Launch AED1B Marassi Business Bay
Dubai Properties Group, a real estate developer, announced the launch of AED 1 billion ($272 million) project along the banks of the Dubai Canal in Business Bay.
Dubai’s Myra Launches AED 150M Apartment Project
Myra Properties, a Dubai-based real estate developer, has launched Crystal Residence, an AED 150 million ($41 million) residential project in Jumeirah Village Circle (JVC).
Deyaar, Asçioglu Sign Deal for $817M Midtown Project
Deyaar Development, a Dubai-based real estate developer, announced its partnership with Asçioglu, a Turkish developer, for the $817 million Midtown Development in Dubai.
