• Alstom, Hyundai land big Baghdad metro project

    20-km NETWORK, 14 STATIONS
    A consortium led by Alstom, a global leader in rail transport and sustainable mobility, and Hyundai Engineering & Construction have signed a memorandum of intent with Iraq's government for the implementation of the Baghdad Elevated Train (BET) project.

  • Conex Bänninger expands Mideast sales team


    Conex Bänninger, a global leader in the design and manufacture of fittings, valves and accessories, has expanded its sales team in the Middle East region recruiting Chris Meir as specification sales manager.

  • Abu Dhabi completes 250-unit Al Samha villa development


    Abu Dhabi Housing Authority has announced the completion of a 250-unit residential development for Emirati nationals in the UAE capital. The project has been built in collaboration with Musanada at an investment of AED674 million ($183.4 million).

  • DMCC, Bull&Roo partner for retail concept in JLT


    DMCC, a global free zone, and Dubai-based Bull&Roo Hospitality and Investments have partnered to set up a new retail and F&B concept set to launch in the second quarter (Q2) 2021 in the heart of the Jumeirah Lakes Towers (JLT) Central Park.

  • Dubai office sector see H1 growth; leasing activity 'stable'


    Dubai continues to lead the region as a preferred base for corporates across key sectors such as technology and life sciences. Leasing activity remained largely stable during the first half despite strong headwinds caused by the pandemic, said an industry

  • EGA employee programmes net $16m in cost savings


    Emirates Global Aluminium (EGA), a leading industrial company in the UAE outside of oil and gas, has announced that its employee-led improvement programmes have delivered almost AED60 million ($16.3 million) in cost savings since the start of the year.

  • Bee’ah kicks off waste collection operations in Madinah


    Bee'ah, a UAE-based recycling and waste management company, has announced the launch of its operations in Saudi Arabia. It had been awarded a deal to provide solid waste collection and transport services in the North, West and East regions of Madinah.

  • Azizi launches fly-in programme for Israeli investors


    UAE-based Azizi Developments is extending its fly-in programme to Israeli investors. Under this, it will provide customised five-star travel packages that comprise flights, all-inclusive hotel stays, sightseeing and VIP transportation across the emirate.

  • Abu Dhabi's real estate transactions up in Q3, says report


    Abu Dhabi’s real estate market saw a rise in Q3 transactions, with market activity gaining pace following the easing of social distancing measures in May. However average apartment and villa sales prices fell marginally quarter-on-quarter, said a report.

  • Bentley Systems, Microsoft join hands for new smart city solutions


    Bentley Systems, a major provider of comprehensive software solutions for advancing infrastructure, has joined hands with Microsoft for a strategic alliance focused on advancing infrastructure for smart city urban planning and smart construction.

  • Yamama Cement earnings beat estimates


    Yamama Cement (YSCC) has posted a revenue of SR218 million ($58.12 million) in Q3, a y-o-y growth of 16.6%, which was slightly higher than analysts’ estimate of SR215 million, but lower than the average consensus estimates of SR233 million.

  • Abu Dhabi bans sale of non-Esma certified bagged cement


    In a major move, Abu Dhabi has banned building material outlets from selling bagged cement without federal/local quality certifications by Emirates Authority for Standardisation and Metrology (Esma) and Abu Dhabi Quality and Conformity Council.

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Alstom, Hyundai land big Baghdad metro project

A consortium led by Alstom, a global leader in rail transport and sustainable mobility, and Hyundai Engineering & Construction have signed a memorandum of intent with Iraq's government for the implementation of the Baghdad Elevated Train (BET) project. ...



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Gulf construction - October 2020


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