Al Hassan Engineering Co announced has been awarded a OMR 7mn ($182mn) contract for site preparation works for Liwa plastics project in Sohar, Oman. The contract duration is eight months starting from June 2016, the company said in a stock exchange filing. Al Hassan added that it expects reasonable income from this project. The Liwa Plastics Industries Complex is a $3.8bn project by state-owned Oman Oil Refineries and Petroleum Industries Company (Orpic).
Author: Paromita Dey
Siemens provided a variety of control systems for the world’s first 3D printed office building located outside Emirates Towers in Dubai. The German company supplied access control and surveillance systems which are integrated into one of its central building management platforms to ensure low operating costs and reduced energy consumption. Siemens’ Desigo CC building management platform enables the control and optimization of the building’s technical infrastructure, surveillance, air conditioning and access control systems from a central location. Worldwide installations of Desigo CC have led to reductions in building operating costs of up to 20 percent, Siemens said in a statement.…
Al Marfaa Contracting Company and Darwish Engineering Emirates contracted to carry our two major projects.
Dubai Municipality will build a AED 2bn ($550mn) plant to incinerate waste and convert the energy produced into electricity. Construction of the plant will begin in the Warsan 2 area by the end of this month, according to Emirates News Agency (WAM). The plant will be operational in the second quarter of 2020 during which it will receive 2,000 metric tonnes of municipal solid waste per day in the first phase to produce 60 megawatts, said Eng. Hussain Nasser Lootah, Director-General of Dubai Municipality. It will also help the city with its quest to reduce landfill by 75 percent by…
Transaction activity levels on Palm Jumeirah villas dipped approximately 25% over the last 12 months, while prime villas (over AED 10 million) fell by 44% year-on-year, according to the latest research report from Core, UAE Associate of Savills. The Q2 2016 Established Prime Residential Markets in Dubai report also outlines tough market conditions for the emirate’s other prime areas including Al Barari, Dubai Marina and Downtown, with Emirates Hills bucking the trend. The report found that sales prices per sq. ft. for villas on the Palm remain relatively steady with just a 4% year-on-year drop as landlords continue to command…
Construction of Alandalus is set to begin this month with completion scheduled for 2018.
Arabian MEP has been contracted by one of the largest listed real estate developers to carry out mechanical installations for a high-rise hotel project at West Bay, Doha. The project consists of three basements, ground floor, mezzanine and thirty six floors covering a total built up area of 60,000 square metres, the company said in a statement. The targeted completion period for the fast track project including mobilisation will be 28 months and the scope of works includes a centralized cooling system with capacity of 2,400 Refrigeration Tonnes (RT). Of that 2,000 RT will be drawn from the existing district…
The 15th edition of Cityscape Global is expected to attract a new wave of real estate investors from across the region, following the success of recent exhibitions in Turkey, Egypt, Abu Dhabi and Qatar. So far in 2016, the Cityscape portfolio of events has gathered more than 46,000 participants, and feedback from key stakeholders including real estate developers, brokers, architects, government officials and investors indicates that all eyes are now turning to the flagship event as the highlight of the real estate calendar year in the Middle East. In 2017, the inaugural Cityscape India will be launched at the Bombay…
Current CEO Steve Lever will step down after almost 30 years of service.
WSP | Parsons Brinckerhoff has acquired an industrial water consultancy from oilfield services firm Schlumberger. The 250-employee business will enable the company to provide services and project solutions to industrial clients worldwide and will establish a presence for WSP in Chile and Peru. The acquisition will also add to its presence in a number of countries in which it currently operates, including the United States, the United Kingdom, Colombia and Mexico. The transaction is expected to close in the third quarter of 2016. “The industrial water consultancy team will bring WSP an increased presence in the attractive global water market,…