Construction sector pumps $3.6bn to Dubai economy

The construction sector contributed 7.89 per cent – or Dh13.4 billion ($3.64 billion) – to Dubai’s gross domestic product (GDP) of Dh170.7 billion ($46.4 billion) in the first half of 2014, according to latest figures.

$103bn construction deals to be awarded in GCC this year

Construction projects worth $103 billion are likely to be awarded this year in the GCC, an increase of 21.2 per cent over last year, according to a study.

Bahrain's Dragon City to open in September

Bahrain's Dragon City, a major retail project in the western part of Diyar Al Muharraq, is expected to be inaugurated in September, according to a report that quoted ZG Keung, the vice-president of Chinamex, the operating company.

Leisure sector to spur construction market

The amusement and leisure industry is expected to give a boost to the construction sector in the region with several such projects in the pipeline.

Chestertons to launch London project in Dubai

Chestertons, a leading international property agency, will unveil a Dh5.5-billion ($1.5 billion) project in London, UK, by Berkley Homes called 250 City Road for UAE investors in Dubai, UAE.

Orascom Construction to list on Dubai, Egypt exchanges

Orascom Construction, a leading global engineering and construction contractor, after a demerger from Netherlands-based OCI NV, a global producer of fertilisers, will be listed on Nasdaq Dubai and Egyptian Exchange (EGX), a report said.

Work starts on $199m homes project in Riyadh

Gulf Related, a leading regional real estate development company, has started construction of a SR748-million ($199 million) residential complex in Al-Dir'iyyah in Saudi Arabia’s Riyadh Province with the laying of the cornerstone.

NMC Health prepares $825 million for international expansion and refinance of debt

NMC Health is raising a US$825 million war chest to help fund the international expansion of the Abu Dhabi-based hospital operator.

Unilever unveils scientific data supporting regenerate enamel science

DUBAI, UAE: New data presented at IADR Cape Town on 26th June, now published in the Journal of Dentistry, demonstrate the efficacy of Unilever’s regenerate enamel science, the newly launched dental care system proven to help reverse the early and invisible stages of the enamel erosion process.

Ricoh Unveils Range of Multi-Function Printers for MEA Region

Ricoh, the IDC-named global leader in office equipment, has announced the regional availability of a new series of monochrome printers and multifunction products (MFPs).