The Dubai firm has started looking for candidates for senior management posts including for the position of CEO.
The IPO listing is expected to take place before June this year, according to the company’s CEO.
Ambassador Nicholas Hopton dismissed criticism Qatar has faced in preparation for hosting the event.
The project is an integrated entertainment, hospitality and leisure development and is expected to boost Jordan’s tourism industry.
Mohammed Ali was handed a three-year jail term and ordered to pay fines worth 600,000 rials
The five-kilometre pilot project will link the existing Abu Dhabi- Dubai main road (E11) and the new Abu Dhabi-Dubai main road (E311).
The contractor will perform MEP works for four towers in Mumbai’s New Cuffe Parade project.
The firm won a deal for mechanical, electrical and plumbing work at the Mall of Qatar, which is now under construction near Doha.
Shares in Drake & Scull, which are up 93 per cent year-to-date, have been buoyed by the merger speculation.
The $1 billion project will offer 479 rooms and suites and 222 Viceroy Residences with sea views.
The deal will be funded by the proceeds from Arabtec’s recent rights issue.
Qatar has pledged to renew its policies and ensure that migrant workers’ rights remain intact.
The UAE’s construction expenditure is estimated to outstrip that of both Saudi Arabia and Qatar by 2030.
Five years on from the great global race for Iraqi oil, the torn country is battling crumbling infrastructure and political tensions. Will Iraq ever reach its potential?
The Dubai-based construction firm revealed a net profit rise of 137 per cent for its first nine months of the year.
The new tower, rising 369.1 metres, will be one of Dubai’s top ten tallest buildings.
The partnership will pursue and perform large scale infrastructure projects like metro, railway, bridge, port and tunnel projects.
The state-funded rail network would link the desert town of Buraimi, bordering the United Arab Emirates, to six major settlements in Oman.
If the railway is completed, it could have a major impact on the Gulf economy by stimulating trade and limiting consumption of fuel for road travel.
Luxury property developer dismisses fears of another market crash.
‘The Lagoons’ will have a central business district, an entrepreneurial zone and retail units.
Britain’s Guardian newspaper reported that dozens of Nepali workers had died on Qatari building sites over the summer
Arabtec has raised the salaries of 36,000 workers across its projects nationwide.
The massive new factory, spread across 66,000 sqm, will import 50 per cent of its produce to Saudi Arabia, UAE and Qatar.
Depa’s scope of work will include architectural woodwork, flooring work, decorative tasks and interior lighting.
The project will be built in phases and can house up to 150,000 people.
The contract has been awarded for the Damac Esclusiva Luxury Serviced Apartments tower in Riyadh.
In 2012 the Labour Ministry began charging companies a fee of 2,400 riyals for each foreign worker they employed above their number of Saudi staff.
Construction of the project will use green initiatives and eco-friendly systems.
Qatar tops the list as the most expensive construction market in Middle East.