Thursday, June 22, 2017 4:09 PM

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Damac chosen for USD1 billion historic port transformation of Oman’s waterfront tourist development

Mina Sultan Qaboos Waterfront’ is being redeveloped into a USD1 billion integrated tourist port and lifestyle destination that includes hotels, residences, as well as a dining, retail and leisure offering.

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Azizi begins site preparation for Dh1.7 bn community project in Meydan One

The first phase of the project, comprising 18 mid-rise residential buildings, will feature 2,273 units and a mega integrated retail district surrounded by lush greenery in Meydan One.

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Airolink starts construction of Dh275 million Brighton College and Dwight School project in Dubai

The campus will be of G+3 floor height and will be spread across a large area to allow ample car parking, landscaping and greenery. The schools will also offer extensive sports facilities, including tennis and squash courts, and a full soccer pitch with a 400-metre running track.

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Dodsal Group signs US$ 1.1bn gas-oil separation plant project in Algeria

The work, which includes detailed engineering, procurement, construction and commissioning of the plant, will begin shortly and is scheduled to be completed in 2020.

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Real estate gets 3-year VAT exemption

International transportation, commodities and exports, health and education services, gold imported for investment purposes are exempted from taxes.

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Creating space with Practical Furniture

Taking into account this growing need for compact, trendy interior solutions many furniture and interior design brands are now diversifying into innovative, space saving solutions.

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Greenline Interiors awarded Dh140 mn contracts for Dubai, Riyadh hotel projects

The Wafi Hotel project will be completed in two phases, with phase I consisting of 475 hotel rooms and 97 apartments. Phase two will comprise 26 suites, 2 ambassador suites and 1 royal suite (all without soft furnishing), as well as partial public areas. The scope of work at Shaza Hotel in Riyadh includes the fit-out works for 205 rooms and partial public areas.

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BNC launches app to empower contractors with construction intelligence

The AIR App captures big data and analyses them to offer a clear picture of each construction sector.

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Drake & Scull gets Dh500 mn lifeline

Tabarak Investments’ plan of Dh500 million investment through a capital restructuring is conditional – subject to a 75 per cent of the company’s shares being written off to extinguish accumulated losses of Dh1.71 billion.

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Reem Island getting ready to become Abu Dhabi’s tourism hotspot

Reem Central Park is set to become a focal point for the city when it opens to the public in 2018.

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