The company posted a second-quarter net loss of $49.3m, with shares down 82 per cent since the end of last year
Drake & Scull’s stock price has plunged 80 per cent this year and hit a record low last week
DSI has seen its share prices drop over 79 per cent so far this year
The two new marinas will accommodate a total of 44 boats and yachts up to 30 metres long
Under the initiative, contractors can design and supervise metal structures for industrial projects without appointing consultants
The Dubai-listed contractor has seen its share prices drop about 70 per cent this year
The construction company has appointed PG Raut as its new CFO
The bridge will connect the manmade islands to the mainland
The bank bought a stake in Construction Products Holding for $75m in 2011
Among the project’s key features will be what is claimed to be the world’s largest sky pool
Contractors have endured years of financial difficulties after government payments were frozen in 2015-2016
The government is keen to ensure payments are made to thousands of Saudi Oger’s workers owed wages
Raheem Bani Zaman Lari explains why maximising value offerings is essential to delivering value in today’s construction industry
The club is intended to open alongside a new St Regis hotel in 2019
Al Jaber’s outlook has been boosted by expected wins of new construction projects
Jacobs Engineering Group will manage infrastructure delivery including roads, water, power and drainage
A total of 1104 buildings were completed across the emirate in Q3 this year
More than 967 companies from 87 countries operate in the free zone’s steel and building materials sector
Saudi’s Ministry of Finance paid Binladin SAR6bn last week
The new area will form an active link to Mohammed bin Rashid Boulevard and the mall’s Fountain Views expansion
The project is scheduled for handover in the first quarter of 2020
The development will transform the area into a residential, tourism and entertainment hub
Applicants’ experience will be checked and documented to ensure compliance, according to officials
The project was originally known as Burj2020
ARACO will take responsibility for the architectural, MEP, structural design and other work across the projects
The lowest bid for constructing the 800-room resort stands at Dhs363m
The company has also named a new vice chairman as part of an organisational restructuring
Deyaar launched the 63-storey South Bay yesterday
Construction on the school began in May 2016 and was completed in August 2017
Majid Saif Al Ghurair has also resigned from the company’s board