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Companies & Projects

BREAKING: Dubai Municipality to tender Phase 1 of $9.5bn Desert Rose in 2015

The smart and sustainable satellite city, located towards the Al Lusail desert area, will be in the shape of a desert flower.

Morocco to invest $65m in new hotels

Alliances Group and EBRD sign agreement to construct 3- and 4-star hotels in various cities to meet the strong demand for such services.

Iraq's Kirkuk trims 60% off 2014 budget for construction sector - newspaper

Official says the cut will affect planned projects but not those underway; no project will be shelved.

BREAKING: Radiant to tender USD132m JVC projects by year-end

Radiant Star Group of Companies, a Dubai-based developer, will be awarding the construction contracts of its two projects in Jumeirah Village Circle (JVC) with a gross development value of USD 132.15 million (AED 485 million), before the year-end, a senior company executive told Zawya Projects in an exclusive.

BREAKING: Omniyat says $1bn new projects in Dubai

The three projects are in the design stage; meanwhile the company will unveil The Sterling and Anwa at the upcoming Cityscape Global 2014.

BREAKING: Design work resumes on USD545m Kensington Krystal

The project, which is located in Dubai Maritime City, was put on hold in 2010 due to the financial crisis.

LREDC invites two infra prequals for Qetaifan Islands

The Qetaifan Islands is one of the 19 districts being built in the USD 45 billion Lusail City project spread over an area of 38 square kilometres.

Saudi Arabia opens bid for Al Zour harbor - newspaper

The port is part of a project constructing many harbors for local fishermen in east Saudi Arabia.

Bahrain's MoH invites infra bids for AMAS islands

AMAS is Bahrain’s largest social housing development supplying 15,628 housing units to Bahraini nationals.

Saudi Arabia seeks funds for Medina-Tabuk power project - newspaper

The new project will connect Medina with Tabuk besides support the planned power link with Egypt.