A business park is set to be built in Dubai with a total budget of AED5 billion ($1.4bn), according to the UAE state news agency WAM.
Abu Dhabi General Services Company, Musanada, has announced that work is progressing in seven infrastructure projects at the area of Abu Dhabi east, according to state news agency WAM.
Abu Dhabi General Services Company (Musanada) said work was progressing well on seven key infrastructure developments worth Dh908 million ($247 million), including sustainable housing projects coming up in the eastern part of the emirate.
The kilometre-high Jeddah Tower is due for completion by 2019 now that the financial issues with the main contractor Saudi Binladin Group (SBG) have been resolved, its developer said.
Dubai’s Damac International has been chosen by the Government of Oman to develop its Port Sultan Qaboos into a $1 billion mixed-use destination through a joint venture with Omran.
The number of construction licences issued in the first four months of 2017 was 15.8 per cent higher than that of the same period last year, according to a statement by the Department of Statistics (DoS).
Qatar’s Hamad Port will begin an expansion soon, after QR2 billion worth of contracts were recently awarded, the government said this week.
The value of investments made towards construction projects in Bahrain was estimated at $2.3bn (BHD894m) over the last five months.
Dubai Investments has awarded Arabtec Construction with the contract for earth works grading and leveling of the roads for its The Palisades project in Dubai Investments Park (DIP).
There are more than 26,000 buildings under construction across Dubai, the buildings department of Dubai Municipality (DM) has said, indicating that construction activities in the city seem to have hit a new high.
77 interchanges and 41 bridges are under implementation in different governorates of Oman, the Omani Ministry of Transport and Communications has said.
The Jahra Road (RA166) and Jamal Abdul Nasser Street (RA/167) development projects are two strategic ventures put forward by the government of Kuwait.