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Saudi stadium plan scaled back as oil drop bites -sources

About 11 new grounds were to be built as a means of growing the game in the kingdom but sources said only two will be built as state spending is hit by low oil prices.

Qatar hits back at allegations of worker deaths in FIFA stadiums

The country said that not a single worker has died in its construction sites, dismissing rumours of 1,200 worker deaths.

UAE’s midday work ban to begin from June 15

Firms found flouting the rules will be fined Dhs 5,000 per worker while the penalty will rise to Dhs 50,000 if a large number of labourers are found to be working.

Dubai’s DSI says unit wins $95m contracts in Oman

The unit will carry out work on the Oman Convention and Exhibition Centre in Seeb, two hotels in Saraya Bandar Jissah and an airport hangar-related facility.

GCC’s construction sector to boom despite oil price drop

The Gulf’s construction sector is estimated to reach a value of $172 billion in 2015, a new study said.

Oman to deport over 1,000 foreign workers at airport project

The labourers reportedly did not have the necessary work permits for the construction sector.

Egypt denies Arabtec project to build a million homes has stalled

Egyptian officials have said the entire project will cost about 280 billion Egyptian pounds ($36.7 billion).

Visa, FIFA sponsor, expresses “grave concern” over Qatar workers

The announcement came two days after the pressure groups renewed their call on FIFA sponsors to put pressure on the governing body over the issue.

Dubai Water Canal project 33% complete, new diversions announced

The Roads and Transport Authority has opened phase II of the main traffic diversion works on Al Wasl Road.

Dubai’s Drake & Scull Q1 Net Profit Falls 38%

DSI’s first-quarter revenue was Dhs1.11 billion, down from Dhs1.25 billion a year earlier.

Dubai Builder Arabtec Swings To Net Loss In Q1

The builder reported a loss attributable to equity holders of Dhs279.82 million in the first quarter.

Saudi’s Khodari Expects Government Compensation For Labour Fees

Partly because of higher labour costs, Khodari’s net profit tumbled 57 per cent from a year earlier to $3.7 million in the first quarter of this year.

Dubai’s Arabtec Names New Chairman

Abu Dhabi businessman Mohamed Thani Murshed Ghannam al-Rumaithi was elected as the new chairman.

Dubai’s Drake & Scull Wins $79m Engineering Contract

The mixed use project, in Dubai, is scheduled to be completed by 2016.

Cheap Oil Slows Saudi, UAE Projects But Qatar, Kuwait Rise -ADCB

The total value of projects awarded in the GCC climbed to above $40 billion in Q1 2015.

Arabtec Chairman, Founder To Leave

The departures, revealed via a filing last week, come following a turbulent year for the construction company.

Dubai’s Drake & Scull Wins $91m Hotel Engineering Contract

The hotel is part of a development that also includes two residential buildings, Drake said in a bourse statement.

Dubai’s Arabtec Says Appoints CEO For Its Construction Unit

Raja Ghanma has been promoted from chief operating officer to CEO of Arabtec Construction, Arabtec Holding said in a bourse filing.

Dubai’s Drake & Scull Proposes No 2014 Dividend

The company’s profit fell to Dhs100.7 million ($27.42 million) in 2014 from Dhs166.5 million a year earlier.

French Builder Vinci To Sue Over Claims Of Forced Labour In Qatar

The statement comes as human rights group Sherpa filed a complaint against the company violated the rights of workers in its Qatar projects.

French Builder Vinci Denies Claim Of Forced Labour In Qatar

The statement comes as Sherpa NGO submitted a claim in a French court against Vinci Construction Grand Projects for “forced labour” in Qatar.

Dubai Builder Arabtec Wins $283m Contract From Saudi Aramco

Arabtec said it would complete the project in Al Dhahran within 28 months.

Dubai’s Arabtec Seeks To Sell Four Saudi Units, Eyes Kingdom Expansion

Arabtec’s board has approved disposing of Arabtec Saudi Arabia, Arabtec Construction Machinery, Saudi Austrian Arabian Ready Mix Co and EFECO Saudi.

Dubai’s Arabtec Swings To Q4 Loss, Blames High Expenses

Non-recurring general and administrative expenses jumped 75 per cent to Dhs749.9 million last year.

Etihad Rail To Begin Commercial Operations In 2015

The first phase of the network that is currently under testing is scheduled to begin operations soon, an official said.

Dubai Water Canal Project’s Phase 1 Almost 40% Complete- RTA

Phase II and III of the project are 25 per cent and 15 per cent complete respectively, a senior official said.

Dubai’s Deyaar Awards Construction Contract For Atria Project

The contract was awarded to construction firm Al Rostamani Pegel.

GCC Rail Completion Date Could Be Pushed To 2020 – UAE Minister

The UAE and Saudi Arabia are thinking of beginning their partial operation of the network by 2018, said the country’s minister of public works

Orascom Offers 115 Of Shares In $185 Million IPO

The firm expects its new shares to start trading on the Egypt exchange between March 9 and March 11.

Egypt, Arabtec To Resume Talks On Housing Project -Source

The two sides agreed terms late last month, but the contract which Arabtec subsequently received included less attractive terms for the company.