The insurance firm said it had received the claim on September 13 and it had appointed evaluators to determine the damage caused by the accident
King Salman also ordered that the group’s board members and senior executives be barred from travel abroad
Previously awarded projects are continuing without impact, experts say
The official did not give a reason for downsizing the project
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Construction work on the tower is anticipated to begin next year
Khalifa International Stadium will have a new building in its east wing following its renovation while the entire seating area will be covered through a single roof
The company announced over a year ago that it had agreed in principle with the Egyptian government to build one million homes in the country
The tender has invited bids for a project manager to oversee the first stage of Qatar’s link to the GCC rail network being developed by the six Gulf states
Deeb was formally CFO of Abu Dhabi-based family conglomerate Al Jaber Group, whose core business is construction
The project was originally announced more than a year ago but it has not yet been launched
More than 1,100 local firms have been contracted for the delivery of products and services at the Barakah nuclear plant in Abu Dhabi
The delay comes as a number of private companies requested more time to prepare for the implementation of the system
The founders of Dubai-based maintenance company Jim Will Fix It discuss industry challenges and their expansion plans
Firms violating the midday work ban will be fined SAR 10,000 ($2,665) while some could be forced to shut down, the ministry said
Arabtec made a net loss attributable of Dhs 718.3m in the three months to June 30
The real estate investment trust fund will build the facility and lease it to Jebel Ali School
DSI will undertake mechanical, electrical and plumbing works for the educational institution, slated for completion in 2018
The developer did not provide any details about the projects
Officials said the worker’s death in June was the first fatality that happened on site
The Spanish trainmaker won the $201m contract in February, following a feasibility study into building a high-speed rail line between Riyadh and Dammam
The changes follow a series of management upheavals at the company since June last year
Failure in administering the contract, poorly drafted claims and biased professionals were some of the top reasons for construction disputes in the Middle East, a new study shows
Nationals from the UAE currently hold 51.02 per cent of the company’s stock, with the remaining GCC nations owning 5.85 per cent
The project is the first major initiative of the ‘Museum of the Future’, a scheme to develop and deploy cutting edge prototypes across Dubai
The contract includes construction of 8.5km of beaches, 3.5km of quay walls and 9.5km of rock revetments at two of the four Deira Islands
The construction sector’s contribution to the region’s GDP almost remained flat from 5.5 per cent in 2010 to 5.7 per cent in 2014
Project delays and problems with contracts and bureaucracy have left many in difficulties and their returns uncertain.
Awards include the main works packages of some of Damac’s residential units in Akoya project and its hotel apartment projects
The projects are part of Mohammed bin Rashid housing establishment and will be built for local families