Press Releases
Press Releases
TAQA 2012 revenues hit $7.5bn, up 15% on 2011
Abu Dhabi-based energy company TAQA saw a 15% increase in 2012 revenues as compared to the previous year, driven by by strong performances in the power and gas sectors, it has revealed. Total revenues...
Press Releases
Contract awards are on track: Qatar Rail director
Major contract awards for the Doha Metro project are imminent, in accordance with the original timeframe, says Qatar Rail senior programme director: metro Adrian Shaw. A lot of contractors have been eagerly awaiting the...
Press Releases
Explosion ignites fire on Silicon Oasis build site
A fire broke out on an ongoing construction site in Silicon Oasis shortly after 9:30pm on Sunday evening following an audible explosion. The first person to publicly report the fire was a Twitter user...
Press Releases
Riyadh approves $74bn development plan
Saudi Arabia's Riyadh Development Authority (RDA) approved a SAR278bn ($74bn) plan that will see the more than 3,000 projects in the capital city. The plan which will overhaul Riyadh includes development of housing projects...
Press Releases
Agaoglu may cancel Canary Wharf towers
Agaoglu Group, a construction and real estate company, one of Turkey's largest, may cancel the construction plans of two towers near Canary Wharf if the company and the Greater London Authority don't resolve differences over the specifications of...
Press Releases
Al Khodari, Saudi Kier drop Eastern Province deal
Saudi Arabian contractor Abdullah AM Al Khodari & Sons has announced that it has cancelled a two year-old deal with Saudi Kier Construction to jointly bid for major projects within the Kingdom's Eastern Province. ...
Press Releases
World’s tallest hotel hosts Dubai opening ceremony
An official opening ceremony has taken place at the world's tallest hotel - the $490m JW Marriott Marquis in Dubai's Business Bay area. The 72-story property is the first JW Marriott Marquis outside of...
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