Yechte Consulting finalises the web development for an Art Gallery in Brussels and New-York.
Charles Riva Collection is a private, contemporary art collection situated in a beautiful 19th century townhouse in the center of Brussels. The space officially opened on April 24, 2009 with an exhibition of work by Jim Lambie. There will be two-to-four exhibitions throughout the year that will feature solo and group shows of work by artists collected over the years by Charles Riva. Charles Riva Collection is open on Thursdays - Saturdays 13h-18h30 and by appointment.
DUBAI — Arabtec Saudi Arabia, a Saudi joint venture of the Dubai-based construction giant Arabtec Holding, on Monday said it bagged an order from Saudi Binladin Group to construct 5,000 villas valued at $1.33 billion.
The villa construction and site preparation in a new housing project in the Eastern Province of Saudi Arabia will take place over 48 months, Arabtec, the region’s largest listed contractor, said in an e-mailed statement.
Arabtec Saudi Arabia is 40 per cent owned by Arabtec Holding of Dubai, while CPC Services, a member of the Saudi Binladin Group, holds 35 per cent stake and Prime International Group Services has 20 per cent stake.
“The award of this project demonstrates the strategic importance of the Saudi Market for Arabtec. This is the second major project awarded to Arabtec Saudi Arabia LLC, the first being 46 buildings, part of the Princess Noura University project in Riyadh,” Arabtec chief executive Riad Kamal said.
Companies like Arabtec are increasingly diversifying away from dependence on contracts in Dubai and the UAE and pursuing new sources of income in countries like Saudi Arabia, Syria and Qatar.
Arabtec shares closed Monday trading down one per cent at Dh2.0.
Source: Khaleej Times