Buying property abroad comes with a number of new challenges and complexities that are different from those faced in the UK.  Simon Conn who has been arranging overseas mortgages for over 35 years gives his top 20 tips when buying property abroad. Written by Simon Conn, Overseas Property and Finance Specialist With the overseas...

Azizi Developments, one of the leading private developers in the UAE, has awarded a contract worth AED 952 Million for the construction of Phase 3 of Azizi Riviera, which will commence on April 1, 2018. Prestige Constructions LLC has been appointed to build 13 mid–rise buildings with mixed heights of eight or ten floors, which...

Skanska are the preferred bidder for the first PPP-project in Norway in more than ten years. It is also the largest road contract ever awarded in Norway. The project involves constructing a new national road between Løten and Elverum in the county of Hedmark. The PPP-contract will be worth about NOK 5.5 billion, about SEK...

Saipem has been awarded a new contract in the onshore E&C sector worth approximately USD 750 million. Work involves engineering, procurement, construction and commissioning under Package 3 “Offsite Facilities” in the framework of the development of the Duqm Refinery situated near the coast in the north east of Oman. The contract was awarded by Duqm...

Miral Asset Management has appointed BAM International – the operating company of Royal BAM Group nv, active outside Western Europe – to deliver the construction of an arena with a capacity of 18,000 seats. Yas Arena will be used to host events in a temperature controlled environment and is located on Yas Island, Abu Dhabi,...

Vinci Construction subsidiaries, Vinci Construction Grands Projets and Bessac (Soletanche Bachy) have won the contract to design and build a 10 km treated water transmission pipeline to supply the centre of Ho Chi Minh City, the economic capital of Vietnam. The project is funded by the Asian Development Bank and Sawaco (Saigon Water Corporation) as...

Saipem has been awarded a new contract in the onshore E&C sector worth approximately 850 million USD. Activities involve engineering, procurement, construction and commissioning for the “Feed Pipelines for New Refinery Project (NRP)” in relation to the development of the new Al Zour refinery located in the south of Kuwait. The contract has been awarded...

Specialist infrastructure, construction and services company, Whittens, has continued its work on the Ichthys Project Onshore LNG Facilities in Darwin by securing a new contract from Kawasaki Heavy Industries. The scope involves completing the closing of the Temporary Construction Opening (TCO), and insulation of the ceiling and walls across four cryogenic tanks – two LNG,...

McDermott International, Inc. announced today it signed another memorandum of understanding (MOU) with Saudi Aramco to expand and develop the company’s physical and human capital within Saudi Arabia as part of Aramco’s In-Kingdom Total Value Add (IKTVA) initiative. The MOU was signed as part of the first ever Saudi-U.S. CEO Forum. McDermott was the only...

Switzerland is popular among the international community for the sense of reliability, stability and security it offers, its quality of life, education and construction, and its position in the heart of continental Europe. This has led to great demand from overseas for Swiss residence or second homes. By Swiss Alps Properties The Swiss had feared...

Saudi Aramco, the Saudi Arabian state-owned oil company, has selected Técnicas  Reunidas (TR) to execute the turnkey contract for the Clean Fuels project in the Ras Tanura refinery in the east coast of Saudi Arabia. The contract has a duration of 48 months until the mechanical completion of the plant. The scope of this contract...

With over 100,000 locals needing to be trained over the next ten years to support East Africa’s oil and gas, mining and construction ambition, a delegation of ten Scottish oil and gas training providers have been visiting Tanzania and Mozambique to offer their skills and experience to these markets and to capitalise on the significant...