Dubai solar park Phase II construction on track
Shuaa Energy 1, the primary investor and developer for the second phase of the Mohammad bin Rashid Solar Park in Dubai, said it has crossed the 50 per cent threshold for construction of the project.
Terex adds Manlift to Qatar distribution network
Terex, a global manufacturer of lifting and material processing products, has boosted its sales and service local coverage for Genie products in Qatar by adding Manlift Qatar to its existing distributors’ network.
Tamdeen leases 70pc retail space at new Kuwait mall
Tamdeen Group, a leading mixed-use property developer in Kuwait, has reported that 70 per cent of the retail spaces has been leased out at its super-regional shopping destination, Al Kout Mall.
Qatar UDC revenues soar to $356m in Q3
Qatar-based United Development Company (UDC) said its revenues surged to QR1.3 billion ($356 million) in the third quarter, up seven per cent over the same period last year despite the overall challenges affecting the real estate market.
Oman engineering firm buys first mini-excavators
Oman National Engineering & Investment Company (Oneic) said it has become the first in the sultanate to buy 20 new E20 compact excavators manufactured by Bobcat, a leading brand of farm and construction equipment.
RAK housing project 'a big hit among EU investors'
UAE-based Al Hamra Real Estate said it has received an overwhelming response from European investors for its residential community project with nearly Dh600 million ($163 million) pumped into the development.
Swissport, Al Jarwani Group form key JV
Swissport International and leading Omani developer Al Jarwani Group have signed a joint venture agreement to establish an airport ground handling services firm under the name of Swissport Oman to cater to Muscat International Airport.
Construction to begin on Gate Avenue at DIFC
Construction will shortly begin on the Gate Avenue at DIFC, the new urban cultural and entertainment development at the Dubai International Financial Centre that promises to change the face of urban space and living in Dubai, UAE.
French group Cemom unveils major Big 5 plans
Cemom, a French hinge specialist, will be showcasing its innovative products including coated abrasives for the furniture industry and concealed and screw-in hinges at the upcoming The Big 5 show in Dubai, UAE.
Oman to start work on $1.3bn waterfront project in 2017
MEGA MIXED-USE DEVELOPMENT
Oman Tourism Development Company (Omran) has announced plans to start work on its ambitious RO500-million ($1.3 billion) Mina Sultan Qaboos Waterfront Project next year that will see the Omani port transform into a mixed-use destination.
Oman Railway seeks consultants for major projects
Oman Railway has floated a tender for picking a consultant for its ambitious rail project that will link all the three major ports in the country: Salalah, Sohar and Duqm, said a report.
Sharjah to complete waterfront expansion by year-end
Work on the new extension of Al Majaz Waterfront, a tourist destination in the UAE emirate of Sharjah, is nearing completion and well on track for launch by the end of this year, said a report, citing a senior official.