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Three contracts worth US$38mn to build hundreds of housing units in Bahrain was awarded to Almoayyed Contracting Group (ACG).
Arabtec, the largest builder in the United Arab Emirates by market value, has won contracts valued at US$96.9mn to build an underground car park in Abu Dhabi and residential villas in Egypt.
Technical Review Middle East (TRME) asked Cynthia Corby, Audit Partner at Deloitte in the Middle East, about her outlook for the construction sector in 2011 and the main findings from Deloitte’s GCC powers of construction 2010 report.
Suez Cement, Egypt's largest listed cement company, said it would shut down 14 production lines as part of an agreement with the government to relocate out of the capital to reduce pollution.
Arabian Construction Company (ACC) has won a US$204mn contract to expand the Masdar Institute of Science & Technology (MIST) campus in Abu Dhabi.