• Oman opens new section of major highway


    Oman's Ministry of Transport has opened a 27-km stretch of the Adam-Haima-Thumrait dual carriageway for traffic, said a report.

  • Saudi's Mashroat inks MoU with key government entity


    Saudi-based Mashroat has signed a deal with the Ministry of Environment, Water and Agriculture to raise the efficiency of its facility and asset management including its portfolio of 51 contracts across 1,800 project sites throughout the kingdom.

  • Bader Al-Kharafi acquires $500m Gulf Cable shares


    Kuwait's Al-Khair National Group (Al-Kharafi Group) has accepted a proposal by Al-Khair International Stocks Company (Bader Nasser Al-Kharafi) to purchase 29 per cent of Gulf Cable Company’s shares at a book value of around $500 million.

  • Azizi to focus on brokerage-oriented business


    Azizi Developments, a leading developer in the UAE, is taking concrete steps to strengthen its relationships with its brokerage partners, with channel partner sales relative to in-house sales having surged by 15 per cent over the past six months.

  • Jumeirah Golf Estates launches new offer on Alandalus units


    Jumeirah Golf Estates (JGE), the world-class residential golf destination offering luxury homes and leisure facilities among two internationally-acclaimed golf courses, has announced the launch of an attractive offer on its Alandalus units.

  • SSH-designed top Kuwait project set to tender new packages


    SSH, the design consultant for the Hessah Al Mubarak district project in Kuwait, says Packages 8 and 9 of the mega mixed-use development have now reached the tendering stage.

  • King Salman lays foundation stone for $17bn Diriyah Gate Project


    Saudi Arabia's King Salman yesterday (November 20) patronised the foundation stone-laying ceremony for the SR64-billion ($17 billion) Diriyah Gate Project which aims at restoring the historical area as a cultural heritage site.

  • Nebras Power buys stake in Oman renewable energy firm


    Energy investments firm Nebras Power said it has completed the acquisition of a 9.9 per cent equity stake in Amin Renewable Energy Company (AREC) in Oman, which owns Project Amin.

  • Investcorp buys US industrial portfolios for $800m

    BIGGEST ACQUISITION
    Investcorp, a leading global provider and manager of alternative investment products, today announced that its US-based real estate team has acquired a portfolio of 126 industrial properties for a total capitalisation of $800 million.

  • Dubai Cranes showcases capabilities at Arabal


    Dubai Cranes & Technical Services, a subsidiary of Dubai Investments, is participating in the Arab International Aluminium Conference (Arabal) in Bahrain showcasing its capabilities.

  • $326m Nakheel Mall on Palm Jumeirah to open on Nov 28


    Nakheel Mall, the new shopping, dining and entertainment destination at the heart of Palm Jumeirah, Dubai, will open on November 28, with a huge range of live events and promotions in store for the UAE National Day weekend and beyond.

  • ADFD-funded housing project opened in Seychelles


    A social housing project in the Seychelles, built with the aid of $9 million (Dh33 millon) from the Abu Dhabi Fund for Development (ADFD), the UAE's leading national entity for economic development aid, has been officially opened.

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Oman opens new section of major highway

Oman's Ministry of Transport has opened a 27-km stretch of the Adam-Haima-Thumrait dual carriageway for traffic, said a report....



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Gulf construction - February 2016


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