Resent articles by the "Construction Week" from The Free Libraryhttp://www.thefreelibrary.comen-usFarlex, Inc.Sun, 15 Nov 2026 05:48:47 GMT360http://www.thefreelibrary.comhttp://www.thefreelibrary.com/_/static/TFLbyFarlex.gif17565Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/Kuwait%27s+Al+Mazaya+reveals+fiscal+results+for+Q3+20.-a0641904048Boursa Kuwait and Dubai Financial Market (DFM)-listed Al Mazaya Holding has posted net losses of $17m (KWD5.2m) for the nine months ended September 30, 2020, attributable to the shareholders of the parent company and non-controlling interests, up from KWD3.91m in the same period of 2019.Al Mazaya Holding posted a total revenue of $54m (KWD16.5m) for the nine months ended September 30, 2020, up...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/Tabreed+delivers+13%25+YoY+increase+in+net+profit+to+%24100.7m+in+Q3+2020.-a0641904047Dubai Financial Market-listed district cooling developer, the National Central Cooling Company (Tabreed), has revealed its financial results for Q3 2020, reporting a 13% year-on-year (YoY) increase in its net profit to $100.73m (AED370m) in Q3 2020, compared to the same period in 2019.Tabreed maintained a strong performance in a challenging environment, and the company was able to outperform...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/Al-Hejailan+Group-DOW+JV+to+construct+KSA+petchem+plant+in+2021.-a0641904046KSA-based engineering and contracting firm Al-Hejailan Group and New York Stock Exchange-listed Dow have agreed to form a joint venture to design, build, and operate a polyacrylic acid (PAA) and emulsion polymers plant in the Kingdom of Saudi Arabia.Construction of the plant is expected to begin in 2021 and production is expected to come on-stream in 2023.The plant is expected to have a...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/Saudi%27s+%22Sakani%22+launches+Jewel+of+the+Cloud+housing+project+in...-a0641904045The Saudi Arabia Ministry of Housing's "Sakani" programme has launched the "Jewel of the Cloud" housing project in the Twaiq district of Riyadh to provide 171 apartments of various sizes and designs to meet the needs of Saudi families.The Riyadh region is witnessing the implementation of approximately 21 housing projects distributed throughout the city to provide more than 29,000 residential...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/DEWA+CEO+reviews+construction+of+%24326.7m+Al+Shera%27a+headquarters.-a0641904044The managing director and chief executive officer of the Dubai Electricity and Water Authority (DEWA), HE Saeed Mohammed Al Tayer, inspected the ongoing construction of DEWA's $36.7m (AED1.2bn) Al Jadaf headquarters , which is called Al-Shera'a -- the Arabic word for "sail".DEWA has awarded the $12.52m (AED46m) Phase 1 of construction to Dutco Balfour Beatty, and has awarded the construction...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/Dubai%27s+real+estate+contributes+7.2%25+to+emirate%27s+GDP+in+2019%3a+DLD.-a0641904043Dubai's real estate sector contributed 7.2% to the emirate's GDP in 2019, as the sector achieved an added value of more than $8bn (AED29.4bn) at a growth rate of 3.3% compared to 2018, according to the annual "Real Estate Sector Performance 2020" report issued by the Dubai Land Department (DLD).The report aims to provide a comprehensive picture of Dubai's real estate sector's performance by...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/Dubai+RTA%27s+infra+projects+generate+ROI+of+AED4.3+for+every+AED1...-a0641904042The director-general and chairman of the Board of Executive Directors of the Dubai Roads and Transport Authority (RTA), HE Mattar Mohammed Al Tayer, cited that a British study conducted on 300 road and transport projects concluded that the economic return on each dirham invested in those projects ranged from AED1.84 to AED4.3.Recently, Dubai's RTA commissioned feasibility studies on the...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/SEWGA+collaborates+with+UoS+in+fresh+water+production+research.-a0641904041University of Sharjah's (UoS) chancellor, Prof Hamid M.K. Al Naimiy, received the Chairman of Sharjah, Electricity, Water, and Gas Authority (SEWGA), HE Dr Eng Rashid Al Leem, to further both parties' efforts in research of fresh water production.The visit came within the collaborative framework of Sharjah entities with the aim of serving the public, Sharjah Government Media Bureau's (SGMB)...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/Dubailand%2c+DIFC%2c+popular+move-in+areas+for+residents.-a0641904040As per UAE-based digital platform for home services ServiceMarket's research on moving trends in Dubai, over the past few months, Dubailand and its suburbs, Dubai International Financial Centre (DIFC), Business Bay, and Downtown Dubai, are among the most popular residential choices.The results were based on thousands of moving requests by Dubai residents booked on the ServiceMarket platform...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/RTA%27s+Dubai+Tram+serves+32+million+riders+in+six+years.-a0641904039Roads and Transport Authority's (RTA) Dubai Tram has lifted approximately 32 million riders since its launch date in 2014 up to the end of September 2020.The tram connects 11 stations including JBR 1, JBR 2, JLT, Dubai Marina Mall, Dubai Marina, Marina Towers, Mina Seyahi, Media City, Palm Jumeirah, Knowledge Village and Al Sufouh. Stretching 10.6km, the tram has become a valuable addition to...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/UAE+non-oil+trade+hits+%24179.2bn+in+H1+2020.-a0641904038UAE's non-oil trade reached $179.2bn (AED658.3bn) in H1 2020, accounting for 41% of the total value of the country's trade in 2019, according to figures released by the Federal Competitiveness and Statistics, Centre (FCSC).The figure reveals the continued activity of the economic sectors despite the slowdown in economic and commercial activities during the past months worldwide, as a result of...]]>Mon, 16 Nov 2020 00:00:00 http://www.thefreelibrary.com/UAE+enhances+women%27s+role+in+post-conflict+reconstruction.-a0641904037UAE, in conjunction with Georgetown Institute for Women, Peace and Security, GIWPS, has launched a research report and a UN action plan to advance women's participation in post-conflict reconstruction, following a year-long series of high-level panel discussions on the subject, UAE's state-run news agency Wam reported.Reiterating the need for women participation in post-conflict...]]>Sun, 15 Nov 2020 00:00:00 http://www.thefreelibrary.com/Saudi%27s+Prince+Jalawi+opens+%2422.66m+Al-Hussainiya-Yadma+road+project.-a0641756921The governor of Saudi Arabia's Najran region, HH Prince Jalawi bin Abdulaziz bin Musaed, has paid an inspection visit to mark the inauguration of the Al-Hussainiya-Yadma road project.The infrastructure project, which spans over a length of 2.62km, is valued at a total cost of $22.66m (SAR85m). HH Prince Jalawi visited the project headquarters and unveiled the memorial plaque before reviewing...]]>Sun, 15 Nov 2020 00:00:00 http://www.thefreelibrary.com/ADNOC%2c+Total+ink+deal+to+explore+opportunities+to+reduce+CO2.-a0641756920The Abu Dhabi National Oil Company (ADNOC), and Total have entered into a strategic framework agreement to explore joint research, development, and deployment partnership opportunities in the areas of CO2 emission reductions and carbon capture, utilisation and storage, and CCUS.ADNOC and Total will use advanced technologies for the research and it will expand on the long-standing partnership...]]>Sat, 14 Nov 2020 00:00:00 http://www.thefreelibrary.com/ValuStrat%3a+Dubai%27s+Oct+2020+residential+capital+value+revealed.-a0641744402Dubai residential capital values stood at 65.6 points in October 2020, with points having dropped by just 0.7% monthly -- the lowest rate of decline in 16 months -- according to ValuStrat's Price Index (VPI) report.The report further revealed that the rate of decline has continued to decelerate from 1.9% during the April-June movement restrictions, while annual residential capital values...]]>Sat, 14 Nov 2020 00:00:00 http://www.thefreelibrary.com/Construction+of+Oman%27s+water+transmission+project+reaches+58%25.-a0641744401Oman's Public Authority for Water (Diam) in the province of Ibri has organised an introductory meeting on the water transmission line project from the Sohar Desalination Plant to the Al Dhahirah Governorate.The project includes the transportation and delivery of large quantities of desalinated water to the various provinces with the governorate, to reduce the dependence on ground water.The...]]>Sat, 14 Nov 2020 00:00:00 http://www.thefreelibrary.com/Oman+expat+workers+permitted+to+leave+from+15+November.-a0641744400Oman's Ministry of Labour has announced that expatriate workers who have plans to leave the country and return to their country are allowed to do so with effect from 15 November, 2020.The Ministry also exempted all employers and expatriate workers from all fees and fines registered against licenses for practicing professions by expatriate workers provided they leave the Sultanate terminally...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/Consistent+data+terminations+to+enable+proptech+benefits.-a0641357596The Middle East property market is known for innovation and ambition that sets a benchmark for contemporary design and engineering around the world. But it's not just the scale and creativity of architecture that sets developments in the region apart; developers are also keen to embrace technology too.Proptech Benefits and ChallengesThe use of digital and data-driven technologies to enhance a...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/Bahrain%27s+Investcorp+sells+eight+US+property+assets+for+over+%24900m.-a0641357595Bahrain's Investcorp has sold eight multifamily properties located in Arizona, California, Florida, and New York to multiple buyers for more than $900m.The properties were garden and townhome-style apartment buildings located in major metropolitan areas.Investcorp acquired the assets in 2016 and 2017 and completed numerous value-enhancing initiatives, including increasing average monthly...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/GVG+Real+Estate+spurs+construction+on+its+4.36km2+megaproject.-a0641357594Dubai-based GVG Real Estate Development has accelerated construction works on its Emirates Touristic Resort megaproject -- the largest mixed-use development project off the plains and foothills of the Atlas Mountains in Marrakesh in Morocco.The Emirates Touristic Resort megaproject extends over an area of more than 4.366km2, and features 350 residential villas with a distinctive Emirati style,...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/Makkah+Municipality+awards+contract+for+%242.75m+road+project.-a0641357593Saudi Arabia's Makkah Al-Mukarramah Municipality -- which is also referred to as the Municipality of the Holy Capital -- has concluded a contract award with a Saudi-based contracting firm to develop and open some mountain roads in the region.The contract award is valued at $2.75m (SAR10.112m) and is expected to be completed within 24 months.The contract aims to raise the efficiency of mountain...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/ADIO+strengthens+focus+on+AgTech+with+%2441.3m+investment.-a0641357592Abu Dhabi Investment Office (ADIO) has offered $41.3m (AED152m) to three AgTech companies to develop land, sea, and space AgTech projects in Abu Dhabi.The companies, Freshtohome, Pure Harvest, and Nanoracks will receive incentives to advance agriculture solutions on food production, Abu Dhabi Media Office reported.The partnerships are part of ADIO's AgTech Incentive Programme, established...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/CK+Architecture+marks+50%25+completion+on+six-villa+project.-a0641357591CK Architecture Interiors, which is a vertically integrated design-and-build boutique specialist, working on premium properties in Dubai, has confirmed that it is on-track to deliver its six-villa development project at Palm Jumeirah. The six ultra-luxury villas range from five to nine bedrooms in Palm Jumeirah with a total construction area of over 20,800m2 and a plot area of over 9,300m2....]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/Saudi+Ministry+inks+deal+to+boost+investment+in+waste+management.-a0641357590Saudi Arabia's Ministry of Investment has inked a cooperation agreement with the kingdom's National Centre for Waste Management to boost investment prospects in the waste management sector.The agreement was signed in the presence of the Minister of Investment, HE Eng Khalid bin Abdulaziz Al-Falih, and the Minister of Environment, Water, and Agriculture, Eng Abdul Rahman bin Abdul Mohsen...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/3SixtyConsult+and+PMKConsult+announce+merger.-a0641357589UAE-based project management and commercial services consultancies, 3SixtyConsult and PMKConsult, have announced a merger agreement. The deal, which is expected to create one of the largest consultancies dedicated to project management operating in the country, extends their specialisms, expands revenue streams, and opens the playing field to larger scale projects across sectors in the UAE and...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/Kuwait+Ministry+picks+GE+for+substation+maintenance+contract.-a0641357588GE Renewable Energy's grid solutions business has secured a contract from the Kuwait Ministry of Electricity & Water for the long-term maintenance of 54 substations located across the country.Considered as the largest contract of its kind, the contract supports the In-Country strength of GE's Grid Services to meet the requirements of the ministry in maintaining the operational efficiency...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/UAE%27s+first+PET+recycling+plant+to+be+established+in+Abu+Dhabi.-a0641357587The region's first food-grade polyethylene terephthalate (PET) recycling plant is to be established in Abu Dhabi as part of a partnership between Alliances for Global Sustainability and Veolia Middle East, a company that specialises in water, waste, and energy services to the public sector, industries and communities.The partnership receives support from Environment Agency (Abu Dhabi), Khalifa...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/Sheikh+Hamad+inspects+%2495.3m+Fujairah+refuelling%2c+shipping+port.-a0641357586HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, recently inspected the newly opened refuelling and shipping port in the emirate of Fujairah that has been constructed at a cost of $95.3m...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/ADNOC%2c+ADQ+JV+drives+%245bn+projects+at+Ruwais+Derivatives+Park.-a0641357585The Abu Dhabi National Oil Company (ADNOC) and ADQ -- one of the region's largest holding companies with a broad portfolio of major enterprises -- have established a joint venture named "TA'ZIZ", which will drive the development of industrial projects within the planned Ruwais Derivatives Park.Potential investment projects selected for Phase 1 will amount to more than $5bn (AED18bn) at the...]]>Fri, 13 Nov 2020 00:00:00 http://www.thefreelibrary.com/DAMAC+Properties+reports+net+loss+of+%24253.47m+for+9M+2020.-a0641357584Dubai Financial Market-listed real estate developer DAMAC Properties has revealed its financial results with total revenue up 32% year-on-year at $1.007bn (AED3.7bn) during the first nine months of 2020, compared to reported revenues of $762.32m (AED2.8bn) in 9M 2019.However, DAMAC reported a net loss of $253.4m (AED931m) in the first nine months of 2020, compared to a profit of $36.21m...]]>