• Arabtec says to go ahead with its liquidation plan


    Dubai-based contractor Arabtec Holding said it will go ahead with the plans to file application for liquidation owing to its untenable financial position due to Covid. The company had in September won approval from its shareholders in this regard.

  • AMC Cinemas opens 5th movie theatre in Saudi Arabia


    AMC Cinemas, one of the largest cinema chains in the world, has opened its fifth theatre in Saudi Arabia at Azizia Plaza in Riyadh. The new complex, AMC Azizia Plaza 3, offers luxury auditoriums featuring best-in-class projection, sound and seating.

  • TRSDC awards Red Sea coastal village community contracts


    The Red Sea Development Company (TRSDC) said it has awarded a major contract to Saudi group AlKifah Contracting to provide EPC services for an additional 40 apartment building at the Red Sea project’s Coastal Village community development.

  • ZHA's Saudi project wins American Concrete Institute award


    Zaha Hadid Architects (ZHA), a leading architectural firm based in London, UK, said its Leed certified Saudi project - King Abdullah Petroleum Studies and Research Center in Riyadh - has won top honours at the American Concrete Institute awards.

  • Bahrain starts delivery of 5,000 residential units in East Hidd


    Bahraini authorities have begun the distribution of 5,000 housing units in the East Hidd region of the kingdom to the beneficiaries. The Qualaya district project also features gardens for children, open spaces as well as sidewalks and bicycle paths.

  • Pace’s wins gold at WAN awards for Kuwait school project


    Pace, one of the region's leading architecture and engineering practices based in Kuwait, has walked away with top honors (Gold) design award for its Future Schools of Kuwait project at this year's World Architecture News (WAN 2020 Awards).

  • Saudi Roshn breaks ground on 30,000-unit community project


    Roshn, a leading Saudi developer, started work on its flagship community project, Roshn Riyadh, coming up on a 20-million-sq-m area in the north of capital city near King Khalid International Airport, featuring over 30,000 homes and other key amenities.

  • Diyar Al Muharraq projects on track despite Covid setbacks


    Leading Bahraini developer Diyar Al Muharraq said the construction activities on all its projects were going on as per schedule despite Covid-19, mainly due to its 'flexible' approach in maintaining operational sustainability across the development.

  • Schneider achieves new ISO certification


    Schneider Electric’s Gulf operations have been certified as fully compliant with the latest global ISO health and safety standard ISO 45001:2018.

  • India's Sterling and Wilson wins Acwa's Egypt solar project


    Saudi-based Acwa Power has reached an agreement with Sterling and Wilson, a unit of top Indian construction group Shapoorji Pallonji and one of the largest solar EPC solutions providers, for the development of its 200 MW Kom Ombo solar plant in Egypt.

  • Saudi AlHokair unit Marakez opens new retail hub in Egypt


    Marakez, one of the largest mixed-use developers in Egypt and a subsidiary of top Saudi retailer Fawaz AlHokair, has announced the opening of Town Center, its new 64,000-sq-m retail hub located on the intersection of the Ring Road, Ismailia-Cairo Road.

  • Tenders floated for Kuwait Airport Phase 3 development work


    Kuwait has floated tenders for the construction of parking lots and aircraft runways as well as service buildings in the new terminal at Kuwait airport. The deadline for submitting bids for the airport's Phase 3 project is December 29, said a report.

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Arabtec says to go ahead with its liquidation plan

Dubai-based contractor Arabtec Holding said it will go ahead with the plans to file application for liquidation owing to its untenable financial position due to Covid. The company had in September won approval from its shareholders in this regard. ...


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Gulf construction - December 2020


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