Regional News

IT’S a busy time for the Qatar Public Works Authority (Ashghal), following Qatar’s decision to invest tens of billions of dollars in infrastructure development ahead of the 2022 World Cup. Ashghal chairman Nasser Ali Al Mawlawi said the authority has already awarded two contracts worth $251.

DAMAC Properties, one of the largest private developers in the Middle East, is amongst the first to be granted an official licence to develop and sell properties off-plan in Saudi Arabia under the kingdom’s new real estate law.

Arabtec wins bank HQ job ARABTEC Construction Company has been awarded a contract to build the Al Baraka Banking Group (ABG) group headquarters at Bahrain Bay. The contract was signed by ABG president and chief executive Adnan Ahmed Yousif, and Arabtec Construction Company chairman Riad Kamal.

ABDUL Latif Jameel Group (ALJ), the exclusive distributor for Toyota industrial equipment in Saudi Arabia, says the Japanese manufacturer’s forklifts dominate the market in the kingdom.

SHUAA Capital Saudi Arabia has signed on behalf of the Shuaa Saudi Hospitality Fund I, an agreement with leading Saudi business group Abdulla Fouad Holding Company, to develop a Rayhaan by Rotana hotel in Dammam, Saudi Arabia. The hotel will be built at an estimated cost of SR260 million ($69.

A TEAM from Empower, the largest district cooling service provider in the Middle East, will review the first district cooling (DC) design manual compiled by an international organisation.

SAUDI Aviation Minister Crown Prince Sultan bin Abdul Aziz has kicked off construction work on the new terminal at King Abdulaziz International Airport (KAIA) airport in Jeddah, which will cost SR27.1 billion ($7.2 billion).

FOREIGN engineering firms have submitted bids to design Saudi Aramco’s Jizan crude oil refinery, which is expected to process 400,000 barrels per day (bpd) of crude and is part of the kingdom’s plans to boost domestic refining capacity from the current level of 2.1 million bpd.

KUWAIT is pressing ahead with several multi-billion-dollar projects while aiming to get delayed projects off the ground.

RENTAL Solution and Services (RSS), a global provider of rental power, temporary cooling and mobile water solutions, is seeking a bigger share of the market by expanding geographically and launching new products.

MASA Establishment for Pest Extermination, Maintenance and Contracting, which recently marked its 30th anniversary, has announced ambitious plans to expand its horizons not just within Saudi Arabia but to reach across the entire Gulf region.