Nakheel reveals company to execute Palm Gateway Development worth 1.5 billion dirhams

On a recent statement, Nakheel stated that it awarded the billion-dirham contract of Palm Gateway Dev’t. to Shapoorji Pallonji Group, an Indian engineering company to work on constructing the residential and retail complex located in Palm Jumeirah. The said agreement is part of the valued 12 billion dirham contracts anticipated…

Top 5 GCC won contracts for September 2016

  Maryah Plaza in Abu Dhabi – Al Fara’a Farglory Middle East , developer from Taiwan delegated Abu Dhabi-based civil construction firm, Al Fara’a Group, as the prime contractor for the Maryah Plaza venture. This is the first ever Middle East project of Pritzker prize-winning architect Lord Richard Rogers. With…

Expansion of ENOC refinery contract awarded to Technip

EPC contractor Technip has been granted by the UAE’s Emirates National Oil Company (ENOC) the contract for the development of its Jebel Ali refinery. The agreement covers the procurement, engineering and construction (EPC) for the building and design of the processing unit. ENOC intends to extend the limit of its…

Construction sector in GCC to improve by 2018

The GCC construction development business sector is confronting difficulty from cuts in government spending, late installments, expanded foreign rivalry, staffing challenges and bureaucracy, as indicated by a report from Meed. However regardless of all that, the Dubai-based research center anticipates that the sector will recoup over the GCC come 2018….