Construction Archives | Gulf Business https://gulfbusiness.com/section/industry/construction/ Wed, 24 May 2023 09:17:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.5 https://gulfbusiness.com/wp-content/uploads/2020/07/cropped-gb-new-fevicon-2020-1-32x32.png Construction Archives | Gulf Business https://gulfbusiness.com/section/industry/construction/ 32 32 Construction boom: UAE, Saudi Arabia expect surge in project numbers and values, says report https://gulfbusiness.com/construction-boom-uae-saudi-arabia-expect-surge/ https://gulfbusiness.com/construction-boom-uae-saudi-arabia-expect-surge/#respond Wed, 24 May 2023 08:46:11 +0000 https://gulfbusiness.com/?p=255367 Majority of construction decision makers in the two countries are confident about the market conditions over the next 12 months

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Saudi Aramco signs $6bn deal with Korea Eximbank https://gulfbusiness.com/saudi-aramco-signs-6bln-deal-with-korea-eximbank/ https://gulfbusiness.com/saudi-aramco-signs-6bln-deal-with-korea-eximbank/#respond Thu, 09 Mar 2023 11:39:41 +0000 https://gulfbusiness.com/?p=247189 The deal comes amid expectations of lucrative business opportunities in Saudi Arabia and the Middle East

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Saudi launches company to develop world’s largest downtown in Riyadh https://gulfbusiness.com/saudi-launches-company-to-develop-worlds-largest-downtown-in-riyadh/ https://gulfbusiness.com/saudi-launches-company-to-develop-worlds-largest-downtown-in-riyadh/#respond Fri, 17 Feb 2023 04:09:20 +0000 https://gulfbusiness.com/?p=244733 The new Murabba project will feature a museum, a technology and design university, a multipurpose immersive theater, and more than 80 entertainment and culture venues

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Saudi’s PIF invests $1.3bn in four local construction companies https://gulfbusiness.com/saudis-pif-invests-1-3bn-in-four-local-construction-companies/ https://gulfbusiness.com/saudis-pif-invests-1-3bn-in-four-local-construction-companies/#respond Wed, 15 Feb 2023 05:33:45 +0000 https://gulfbusiness.com/?p=244491 The transactions are part of the fund's strategy to enable the kingdom's strategic sectors

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DAMAC awards Dhs886m main works construction contract for Cavalli Tower https://gulfbusiness.com/damac-main-works-construction-cavalli-tower/ https://gulfbusiness.com/damac-main-works-construction-cavalli-tower/#respond Tue, 07 Feb 2023 03:26:18 +0000 https://gulfbusiness.com/?p=243574 China State Construction Engineering Corporation will carry out main works construction of the 71-storey Cavalli Tower

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Sharjah’s Arada awards Dhs475m contract to build Vida Aljada hotel complex https://gulfbusiness.com/sharjahs-arada-awards-dhs475m-contract-to-build-vida-aljada-hotel-complex/ https://gulfbusiness.com/sharjahs-arada-awards-dhs475m-contract-to-build-vida-aljada-hotel-complex/#respond Sat, 14 Jan 2023 04:00:55 +0000 https://gulfbusiness.com/?p=241298 The contract to build the four-building complex was awarded to a Dubai-based company with civil and industrial construction experience

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Building green: How the UAE’s construction sector is promoting sustainability https://gulfbusiness.com/how-the-uaes-construction-sector-is-promoting-sustainability/ https://gulfbusiness.com/how-the-uaes-construction-sector-is-promoting-sustainability/#respond Mon, 26 Dec 2022 03:00:49 +0000 https://gulfbusiness.com/?p=239166 Real estate developers have rapidly embraced the concept of net-zero buildings and accelerated their transition to eco-friendly construction

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Dubai Investments breaks ground on Dhs1bn Danah Bay project on Al Marjan Island https://gulfbusiness.com/dubai-investments-breaks-ground-on-dhs1bn-danah-bay-project-on-al-marjan-island/ https://gulfbusiness.com/dubai-investments-breaks-ground-on-dhs1bn-danah-bay-project-on-al-marjan-island/#respond Sat, 24 Dec 2022 17:55:57 +0000 https://gulfbusiness.com/?p=239648 Danah Bay will be a premium beach community with a resort-style retreat in Ras Al Khaimah

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UAE’s Alec Group furthers regional expansion through acquisition https://gulfbusiness.com/alec-group-furthers-regional-expansion/ https://gulfbusiness.com/alec-group-furthers-regional-expansion/#respond Tue, 20 Dec 2022 07:30:47 +0000 https://gulfbusiness.com/?p=239078 The firm has signed a share purchase agreement to acquire Target Engineering Construction Company

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Technologies underpinning sustainability in the GCC’s construction industry https://gulfbusiness.com/technologies-underpinning-sustainability-in-the-gccs-construction-industry/ https://gulfbusiness.com/technologies-underpinning-sustainability-in-the-gccs-construction-industry/#respond Fri, 09 Dec 2022 12:57:46 +0000 https://gulfbusiness.com/?p=237887 The UAE is committed to achieving net-zero emissions by 2050 and the construction sector is a vital part of this strategy

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