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Companies & Projects

BREAKING: Dubai government revives 39 stalled projects worth $2.7bn

Tanmia initiative was launched in 2011 to restart on-hold projects in Dubai and so far has revived many projects worth billion dollars, says a senior official.

BREAKING: Jordan's ADC to award $350m Aqaba New Port-Phase 2 design contract in Nov 2014 - source

The project’s Phase 2 involves construction of two additional berths in the basin area, says the unnamed source.

BREAKING: Dubai's Al Barari - Phase 2 hotel project to be announced in Jan 2015

Dubai-based Al Barari Firm Management plans major investments in a new six-star resort boutique hotel and a floating market for Al Barari - Phase 2, a senior company official told Zawya Projects.

BREAKING-Dubai's JGE to tender $77m Redwood Park early next year

Dubai-based Jumeirah Golf Estates will tender the construction of thje $77 million (285 million dirhams) townhouse project Redwood Park by early next year, according to a senior company executive.

BREAKING: Egypt to construct 4,000 schools through PPP

The schools will have high quality education and will be developed through public-private partnership, said a senior government official.

BREAKING: Tebyan plans $190.5m residential projects in Downtown Jebel Ali

Downtown Jebel Ali is a USD 13 billion mixed-use residential and business district located between Jebel Ali Free Zone and Al Maktoum International Airport, developed by Limitless.

Morocco to modify law for small contractors- newspaper

The government is planning to create a national contracting council to devise a development strategy for small contractors.

Kuwait agrees to 45 months deadline on CFP - newspaper

The project, which also includes the construction of 615000-bpd Al Zour refinery in southern Kuwait, will increase the country’s refining production to around 1.4 million bpd.

BREAKING: Swarovski eyes new projects across Middle East, Turkey

The Austrian producer of luxury cut lead glass has already launched $245 million Sparkle Towers in association with Tebyan Real Estate Clarity, a Dubai based real-estate developer.

Nakheel tenders Jumeirah Park infrastructure works

Jumeirah Park is a residential community spanning over 350 hectares with around 2,000 villas and other integrated amenities.