Dubai DSI wins construction deal worth USD460m in Saudi Arabia
Dubai's Drake & Scull International said its general contracting unit has won a SAR 1.73 billion(USD 460 million) contract from Lamar Investment and Real Estate Development Co. in Saudi Arabia.
Air Arabia signs USD350m financing deal
Air Arabia said on Monday it has signed a USD 350 million financing deal from a syndicate of two GCC banks - Qatar National Bank (QNB Group) and Commercial Bank International (CBI).
Arabtec workers back at work after protest
Thousands of workers employed by Dubai’s largest construction firm, Arabtec, who stopped work demanding a salary increase and overtime pay are back at their worksites after being promised their issues will be sorted out.