The construction market in the GCC is expected to register a 7.7 per cent increase in value of projects by end of 2014, with the total value of projects reaching US$72bn
Buildings
Dubai Land Department to revive 43 construction projects worth US$2.7bn
The Dubai Land Department (DLD) has revived 43 projects worth US$2.7bn through real estate initiative Tanmia
DSE wins US$46.83mn contract for district cooling plant in Abu Dhabi
Drake & Scull Engineering (DSE) has been awarded a US$46.83mn contract for building district cooling plant at a housing complex in Abu Dhabi
Kuwait International Airport receives US$4.8bn for expansion
The Kuwaiti government has granted US$4.8bn to the Kuwait International Airport for its expansion and the development of a second terminal
Drake & Scull Construction awarded US$133mn construction contract in Saudi Arabia
Real estate developer Gulf Related has awarded a residential construction contract to Drake & Scull Construction International (DSC) for US$133mn