News / Middle East

Dubai to Inject AED 4 B in Road Projects

Dubai is planning to open for bids for road projects amounting to AED 4 billion ($ 1.1 billion) to upgrade transport links in the city, Chairman of Dubai Roads and Transport Authority, Mattar Al Tayer told Bloomberg.

Cayan Signs Agreement with Bidaya to Provide Home Financing Solutions

Top property developer, Cayan Group signed an agreement with Saudi Bidaya Home Finance to enable financing solutions to its clients, Trade Arabia reported.

Saudi Government Launches SAR 4.48 B Residential Project in Riyadh

The Saudi government announced its plan to build a number of 7,000 new villas, in the eastern part of Riyadh, with an investment of SAR 4.48 billion ($ 1.19 billion), over an area of 6.5 million square meters, a report said.

New Interchange Bridge for Commuters to Doha

The Public Works Authority, Ashghal has opened a new bridge at Izghawa Interchange, as an integrated part of North Road Enhancement Project, to facilitate commuting to Doha via the North Road Corridor, according to a press statement.

ECC Wins Contract to Build Emaar’s Mulberry Apartments

Dubai-based Engineering Contracting Company (ECC) has been awarded a contract by Emaar Properties to build the Mulberry apartments on Emaar’s Dubai Hills Site, at the junction of Al Khail Road and Umm Suqeim Road, The National reported.

Land Plots in Dubai World Center Are Now Available to Foreigners

A decision was issued by the UAE Vice-President and Prime Minister and Ruler of Dubai, Sheikh Mohamed Bin Rashid Al Maktoum, to allow foreigners to own 3 new land plots in Dubai World Central, Gulf News reported.

Siemens to Control World’s First 3D Printed Office Building

Siemens has announced that it will control the world’s first office building, produced through the 3D printing technology, which is 6.096 meter high and 36.6 meter long, according to a press statement.

Three Al Habtoor Luxury Hotels to Open by End of Summer

All three luxury hotels within Al Habtoor City are set to be open by the end of summer, as part of the city’s hotel collection, Chairman of Al Habtoor Group, Khalaf Ahmad Al Habtoor announced, according to The National.

Emaar Awards AED 1 B to Trojan General Contracting

Emirati Trojan General Contracting (TGC) announced that it has been awarded a AED 1 billion ($ 272 million) contract for the construction of Mira Oasis townhouses, in the Reem neighborhood, by top UAE developer Emaar Properties, Trade Arabia reported.

Turkey’s Anel Mepa Wins QAR 242 M Contract for Doha Metro Project

Turkish company, Anel Mepa was awarded a QAR 242 million ($ 66.5 million) letter of conditional award from main contractor FCC-Yuksel-Archirodon-Petroserv JV, for the Red Line of the Doha Metro project in Qatar, Trade Arabia reported.

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