• Bechtel wins Neom infrastructure project management deal


    Bechtel, a global leader in engineering, procurement and construction, has secured a major contract for executive project management work on the development of the primary infrastructure for Saudi Arabia's futuristic $500-billion city Neom.

  • Sharjah's eco-friendly projects to reshape emirate's future


    Sharjah authorities said the ongoing development projects in the eastern region related to roads, infrastructure, tourism, heritage, environmentally-friendly hotels and resorts will be shaping the future of the region.

  • Kuwait PPP developer recommends cash dividends of 25 fils


    Shamal Az-Zour Al-Oula Power and Water Company, the first power generation and water desalination company in Kuwait, said its board of directors has recommended a cash dividend payout of 25 fils per share for the 2017-19 period.

  • Empower-Logstor JV wins major ISO certifications


    ELIPS, a leading manufacturer of insulated pipe systems and a joint venture between Emirates Central Cooling Systems Corporation and Logstor, has secured ISO certifications for environmental and occupational health and safety management systems.

  • Oman distributes over 1,500 plots, properties to citizens


    Oman's housing ministry has distributed more than 1,500 land plots and real estate properties to its citizens over the last two years starting from November 2018 in different governorates across the sultanate, said a report.

  • Hino rolls out new light duty trucks for Mideast market


    Hino Motors, a unit of Toyota Group, has introduced the latest version of its light duty trucks into the Middle East. The versatile Hino 300 Series offers a new and improved transmission system and upgraded suspension along with key safety features.

  • Ducab Group announces 'profitable H1' despite Covid-19


    Ducab Group, one of the UAE’s largest industrial manufacturing businesses, has announced that overall profitability has been maintained for the first six months compared to last year, due to the resilience of its diversified cables and metals business.

  • Key construction milestone achieved for 'world's tallest hotel'


    Leading developer The First Group has achieved a construction milestone for its hotel project, Ciel, with the largest concrete pour of 7,000 cu m over a continuous 48-hour period. Once completed, the Dubai property will become the world's tallest hotel.

  • Mazoon eyeing Oman electricity infrastructure modernisation


    Mazoon Electricity, the leading electricity provider in Oman, said it has energised several projects during the first half of the year as part of its efforts to modernise the company’s infrastructure and make it more resilient and sustainable.

  • Eaton unveils emergency lighting system for buildings


    Eaton, a leading power management company, has launched DualGuard-S emergency lighting central battery system which reliably supplies power for emergency luminaires and can be seamlessly integrated into Eaton’s emergency lighting portfolio.

  • Saudi Cement earnings drop 19% in Q2: report


    Saudi Cement earnings reached SR75 million ($20 million) during the second quarter (Q2) of the year, marking a year-on-year (y-o-y) decline of 19%, as compared to an estimate of SR57 million and consensus estimate of SR67 million.

  • Dubai's real estate sales deals up 64pc in June, says report


    Dubai's real estate sales transactions grew by 64 per cent in June, with an average of 570 properties sold per week. In Q2, the emirate's apartment index rose by 0.58 per cent, while villa/townhouse index remained unchanged, according to a report.

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Bechtel wins Neom infrastructure project management deal

Bechtel, a global leader in engineering, procurement and construction, has secured a major contract for executive project management work on the development of the primary infrastructure for Saudi Arabia's futuristic $500-billion city Neom....



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