Parsons has announced that it has been awarded a project management consultancy services contract for a new housing development at the Abu Dhabi National Oil Company?s Das Island facility
Construction
Aldar and Sorouh to seal merger
The boards of Aldar Properties and Sorouh Real Estate, Abu Dhabis two largest real estate developers, have approved a state-backed merger of the firms through a share swap
Abu Dhabi to spend US$90 billion on development projects
Abu Dhabi?s development plans include building more than 12,500 houses as well as schools, roads and other infrastructure. (Image source: Kalmyket/Flickr)
Abu Dhabis executive council announced that the emirate plans to spend US$90bn on development projects over the next five years
Emaar?s Turkey project secures US$500 million funding
Emaar Properties has signed a US$500mn deal to fund development of its Emaar Square project in Istanbul. (Image source: Craig Stanfill/Flickr)
Dubai-based property developer Emaar Properties has signed a US$500mn deal with a consortium of banks to fund development of its Emaar Square project in Istanbul
Saudi and DSI joint venture wins US$720 million Mecca deal
The contract is for the construction of phase three of the Jabal Omar development in Mecca. (Image source: AL Jazeera English/Flickr)
The joint venture between Arabian Construction Company Saudi Arabia and Drake & Scull Construction Saudi Arabia has been awarded a US$720mn contract to build phase three of the Jabal Omar development in Mecca
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