DAMAC Properties, a private developer in the Middle East, has plans to develop a high-rise luxury tower of serviced hotel residences in Dubai Maritime City
Construction
DSI awarded bank contract in Saudi Arabia
Drake & Scull International (DSI) has won a series of new contracts totalling US$100mn for the construction of three banking facilities in Saudi Arabia and a utility project in UAE capital Abu Dhabi
Ma'aden awards US$266 million contract for housing project
Maaden has awarded Azmeel Contracting & Construction Company a US$266mn contract for the engineering, procurement and construction of a new housing project for its employees in Saudi Arabia
Major facelift planned for Madinah
Saudi Arabias holy city of Madinah will receive a major facelift with development projects being implemented there costing a total of more than US$26.6bn
Oman-Saudi road-link likely to open by end of 2013
A road-link project between Oman and Saudi Arabia is expected to be completed by the end of 2013
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