|
|
 | Dubai's DSI secures a USD55m contract for Binary tower  | |
MENAFN -
- 07/05/2012
|
|
|
(MENAFN) Drake & Scull Construction (DSC) inked an USD54.44 million deal for the project of a tower in Dubai's Business Bay, Arabian Business reported.
The unit of Dubai-based Drake & Scull international (DSI), will be the main contractor of the Binary tower, developed by Omniyat, a 25-story commercial tower on the waterfront in Dubai's Business Bay.
Managing Director of DSC Saleh Muradweij said that the firm already begun breaking ground for the project, with an estimated completion date in early 2014.
The company won contracts USD354 million worth of contracts in the Middle East and North Africa region during the first quarter, the DSI said.
The contracts include a USD38 million deal to provide mechanical, electrical and plumbing (MEP) works for the Rocco Forte Hotel in Jeddah and a USD230 million unspecified contract in Algeria.
The company also won a USD27 million contract to provide an intake water system for a thermal power station in Orissa, India.
|
| |
|
|
MENA News Headlines
|
 | May 21 2013 | Qatar- QEWC, Qatar Holding, QPI establish USD1b investment fund ,MENAFN | | (MENAFN) Qatar Electricity and Water Company (QEWC) announced that it will establish a USD1-billion fund in collaboration with Qatar Holding and Qatar Petroleum International (QPI), reported Gulf ... |
| | May 21 2013 | Intermetal builds new USD20.4m factory in Dubai ,MENAFN | | (MENAFN) Intermetal, a Group Harwal Company, spent USD20.41 million to build a new furniture factory, reported Emirates 24/7.
The Dubai-located factory will be designed by Dubai Investment ... |
| | May 21 2013 | Apicorp 2012 profit hits USD109m ,MENAFN | | (MENAFN) Arab Petroleum Investments Corporation (Apicorp) CEO and general manager, Ahmad Al Nuaimi, stated that 2012's net profit rose by 3 percent from a year earlier to USD109 million, reported ... |
| | May 21 2013 | Abu Dhabi Int'l Airport to see 15% growth in this summer's weekly flights ,MENAFN | | (MENAFN) Abu Dhabi Airports Company (Adac) COO, Eng. Ahmad Al Haddabi, stated that starting this summer, flights at Abu Dhabi International Airport will grow by 15 percent a week from last summer, ... |
| | May 21 2013 | Abu Dhabi to set up USD47.6m bus depot ,MENAFN | | (MENAFN) Abu Dhabi's Department of Transport (DOT) said that it will soon start building the new bus depot, reported Emirates 24/7.
This project is worth USD47.63 million, and it was permitted as ... |
| | May 21 2013 | Air Arabia secures USD350m financing to buy 10 Airbus A320 planes ,MENAFN | | (MENAFN) Sharjah-based Air Arabia stated that it has inked a USD350 million financing deal with two GCC banks to fund the purchase of new planes, reported Arabian Business.
The low-cost airline ... |
| | May 21 2013 | Qatar's Msheireb Properties grants Downtown Doha Phase 3 contract ,MENAFN | | (MENAFN) Msheireb Properties CEO, Abdulla Hassan Al-Mehshadi, announced that the company has granted a construction contract worth USD690 million for Phase 3 of its Msheireb Downtown Doha project, ... |
| | May 21 2013 | First Staybridge Suites in Jeddah by IHG ,MENAFN | | (MENAFN) InterContinental Hotels Group (IHG) has agreed with Dyafah Al Mutahida to launch Staybridge Suites in Jeddah, reported Arabian Business.
The project will be the first of its kind to open ... |
| | May 21 2013 | Trade between Saudi, Malaysia at USD3.99b ,MENAFN | | (MENAFN) The Consulate General of Malaysia Commercial section in alliance with Council of Saudi Chambers (CSC) and Jeddah Chamber of Commerce (JCCI) businessmen and their Malaysian counterparts in ... |
| | May 21 2013 | Damac invests USD100m in Baghdad's Princess Tower ,MENAFN | | (MENAFN) After years of announcing its intentions to expand into Iraq, Damac Properties has already started constructing the company's first residential complex in the country, reported Arabian ... |
|  more... |
|
|
|
|
 |
|
|
|
