Partners at CMS explain the main areas of change from the 1999 editions and cover some of the implications for early users and those negotiating FIDIC.
Author: Paromita Dey
Al Qattara Investments, the name behind the mixed-use development in Al Ain, announced the completion date for the phase 3 of its Al Ain Square in 2022.
Eshraq Properties reported a net profit of AED32.2mn in 2017 as compared to a net loss of AED301mn for the same period in 2016.
Abu Dhabi-listed developer, Aldar Properties, reported a net profit of AED2bn for 2017, a slight decrease as compared to AED2.78bn in 2016.
Atlantis The Palm 2 Development has seen substantial improvements in project and document management since implementing Aconex just 10 months ago.
Dubai-based contractor, Drake and Scull International, reported its preliminary unaudited financial results for the fourth quarter of 2017.
Mark Hardiman, managing director of APM Terminals Bahrain, talks about efficient operations of the port operator and its 2018 plans.
ALEC Energy signed a contract for the provision of a 6.5 MWp private solar power plant with Emaar Development for the Dubai Hills Mall project.
Nakheel has awarded a contract worth AED79.7mn to Ghantoot Gulf Contracting to build the exclusive beachfront facility, The St. Regis Beach Club.
Leminar Air Conditioning Company, distributor and service provider of HVAC and plumbing products in the GCC, opened its second showroom in Abu Dhabi.