Tuesday 25 April 2017

The Address Hotel to come up at Marassi Al Bahrain

Eagle Hills Bahrain, developers of the urban waterfront project Marassi Al Bahrain, has held a reception for invited VIP guests to introduce its new-to-market hospitality brand, The Address Hotels & Resorts. The hospitality brand will be part of the mixed-use development, The


Aces plays key role in Riyadh Metro development

Jordan-based Arab Center for Engineering Studies (Aces), the region’s leading geotechnical engineering and material testing firm, said it continues to play a major role in the Saudi government's ambitious Riyadh Metro project providing specialised services to all three consortia (Fast


China firm picks Al Marjan Island for luxury project

Novel International Group, a China-based investment company, has signed an agreement with Al Marjan Island (AMI) Company to acquire 720,000 sq ft of land for a luxury project on the man-made island in Ras Al Khaimah, UAE. Alan Feng, director, Novel said: “Our group aims at


Gulf hospitality projects value exceeds $148.4bn in Q1

The total value of the GCC's 1,153 hospitality projects exceeded Dh544.62 billion ($148.2 billion) in the first quarter of 2017, according to BNC Network, a leading project research and intelligence provider in the Middle East and North Africa (Mena) region. The GCC's hos


Top French firms unveil big Project Qatar plans

Leading French companies will be showcasing their innovative products and technologies to local construction professionals at the Project Qatar expo to be held from May 8 to 11 in Doha. The French Pavilion, being  hosted by Business France, national agency supporting the int


Damac launches premium hotel property in Dubai

Damac Properties, a leading luxury real estate developer in the region, said it has launched Golfotel, the only premium five-tower hotel property surrounded by a golf course in Dubai, UAE. An ambitious project for the company, Golfotel will feature over 2,000 well-appointed conte


Residential tenants witness ‘Golden Age’ in Bahrain

Weakening economic conditions, tapering off in demand for oil and gas, and an increase in real estate supply has led to increased pressure on the Bahrain real estate industry, according to leading real estate consultancy Cluttons. The result is a market defined by increased incen


Work starts on key Bahrain road project

Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning has started work on the revamp of Road 3323 at Block 933 in Riffa area that serves 42 housing units. The BD298,135 ($785,227) project, which is part of the ministry’s plan to improve infrastructure s


Amec Foster Wheeler wins Jordan power project deal

Amec Foster Wheeler, a leading engineering and project management company, has secured a new contract from China's Guangdong Power Engineering Company (GPEC), to design and supply two circulating fluidised-bed (CFB) steam generator boilers for a power plant project in Amman, Jordan.


Binghatti wins big at Gulf Real Estate Awards

Binghatti Developers, an innovative Dubai-based property group, has been awarded the Best Architecture Company award at the region’s premier real estate awards - Gulf Real Estate Awards. The award was presented to Muhammad BinGhatti, the CEO and head of architecture, by Sul

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