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Dubai

Dubai’s real estate sector records transactions worth Dhs72.5bn in H1 2020

In H1 2020, 4,536 women investors completed 5,112 investments worth Dhs6.6bn

Dubai buildings

Sheikh Mohammed establishes new committee to ease issuing building permits in Dubai

The committee will list, analyse, revise and develop procedures for providing services related to the issuance of building permits

Sheikh Mohammed Dubai Metro Route 2020

Video: Sheikh Mohammed inaugurates Dubai Metro’s Route 2020

The new route will provide direct metro connectivity to the Expo 2020 Dubai site

Arabtec

Dubai-based Arabtec appoints Mubadala deputy group CEO as chairman

Waleed Al Mokarrab Al Muhairi replaces Mohamed Thani Al Rumaithi who recently tendered his resignation

New mega urban development project, Masar, launched in Saudi’s Makkah

The project will see the addition of “tens of thousands” of hotel and residential units in Makkah in later phases

The way forward for GCC’s sustainable construction space

Regional governments are stepping up efforts to transition to sustainable building practices

Saudi Binladin Construction group misses salary payments

Most of the affected employees are based at Binladin’s headquarters in Jeddah and work in its construction unit

Dubai Municipality Geospatial map

Dubai Municipality launches e-system to provide access to the emirate’s geospatial maps

The system showcases 2D and 3D maps of Dubai’s landmarks, structures and infrastructure facilities.

UK-based Arena Group merges UK, Europe, Middle East and Asia divisions

The company said the move will allow for “maximum utilisation of resources” across the EMEA region

Dubai construction event Big 5 postponed

The event, originally slated for November this year, will now be held in September 2021

KIZAD Truck Plaza

Kizad to build largest truck plaza in the Middle East

The plaza, which will offer refueling and recreational facilities, will cover an area of more than 87,000 square metres

Saudi Binladin slashes jobs and pay to cut costs in half

The Jeddah-based construction conglomerate has reportedly put thousands of employees on indefinite, unpaid leave

How the coronavirus will help reshape the construction industry 

The post Covid-19 era will face challenges in developing and managing urbanisation, reinforcing the value of investing in sustainable and resilient infrastructure

Abu Dhabi City United Arab Emirates

Abu Dhabi’s ADQ acquires 100% ownership of National Petroleum Construction Company

ADQ assumed complete ownership of NPCC after acquiring 30 per cent shares previously held by Consolidated Contractors International Company

Saudi Binladin group hires Houlihan Lokey for $15bn debt revamp

The restructuring is aimed at reorganising Binladin’s assets into sector-led businesses and streamlining operations

Dubai’s Danube Group says will not lay-off any staff due to Covid-19 impact

Danube said it is continuing to operate some of its construction activities

Dubai Land Department issues new relief measures for tenants, landlords

RERA and its partners will provide necessary life supplies free of charge to those in need in many projects and freehold areas across the emirate

Dubai-based construction company Arabtec appoints new group CEO

Wail Farsakh takes over the new role from Peter Pollard

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum

Dubai suspends all residential and commercial property evictions

Imprisonment judgements on all rental-related cases have also been suspended

How the infrastructure assets business is countering the downturn

The volume of infrastructure deals has increased to $73bn so far this year, more than the $68bn of transactions announced during the first quarter in 2019

Saudi’s AlUla South project to begin issuing applications for building permits next week

The kingdom has announced plans to establish AlUla as the world’s largest living museum

Abu Dhabi builder holds talks to revamp $545m in debt

Al Fara’a is active in the oil and gas, steel, interiors and concrete verticals, and has worked on several mega-projects across the Middle East

World’s tallest observation wheel, Ain Dubai, will open this year

Located at Meraas’ Dhs8bn Bluewaters Island, Ain Dubai is over 250 metres tall

Former CEO of Dubai contractor Drake and Scull arrested in Jordan

Khaldoun Al Tabari faces criminal charges in the UAE filed by DSI

Saudi Arabia’s cement industry on a growth trajectory

Cement production in the kingdom has been rising in the past three months

Dubai’s Drake and Scull says previous management ‘hid losses’ from shareholders

DSI said it has already filed 15 criminal complaints against the previous management

Video: Dubai Municipality unveils world’s largest 3D printed two-story structure

Spread across a total area of ​​640 square metres, the project in Warsan has been created with locally sourced materials

Dubai’s Arabtec Construction CEO resigns

Arabtec has seen several management changes this year

Abu Dhabi Ports starts work on waterfront project Marsa Mina

Marsa Mina will feature a mix of food trucks and retail concepts, family entertainment, playgrounds and open seating areas

Dubai’s DEWA awards Dhs981m construction contract for new headquarters

Al Shera’a will be the “tallest, largest, and smartest” government zero energy building in the world, according to DEWA