Kuwait said about 73 per cent of the work on its ambitious $3-billion Sheikh Jaber Al Ahmad Al Sabah Causeway project (also known as the Subiya bridge) has been completed and the 36-km-long engineering marvel is on track for launch in 2018.
Greenfield activities continued to dominate power and utility transactions in Middle East and Africa (MEA), attracting $8.7 billion in investment last year, said a report by EY.
Total energy investments in the Middle East and North Africa (Mena) region are likely to hit the $1-trillion mark over the five years with the GCC countries spearheading the growth, according to a report.
German Chancellor Angela Merkel and Egyptian President Abdel Fattah El Sisi symbolically inaugurated the first phase of Siemens’ megaproject in Egypt last month. The event marked an important milestone towards the completion of the project, which will boost the country’s power generation capacity by 45 per cent when finished.
Oman’s Special Economic Zone Authority in Duqm (Sezad) last year attracted a record RO681 million ($1.76 billion) in investments for major real estate and hospitality projects, said the Oman Observer. In contrast, industrial investments totalled around RO187.6 million ($487 million) during the year, stated the report.
Genie’s revolutionary new all-electric Z-33/18 and Z-60/37 DC boom lifts offer new perspectives to rental companies and end-users in the Middle East.
Hempel, a leading paint manufacturer, has inaugurated a new factory in Kuwait to meet increased demand and also to consolidate its position as market leader in the region. The new factory, costing $14.02 million, is set up in Mina Abdullah and meets ISO 9000 quality management guidelines. Hempel is the leading coatings supplier in Kuwait.
Qatar has announced that the Ras Abu Fontas A3 – the country’s first water desalination project with reverse osmosis technology – is nearly complete.
SSH, a leading project management firm in the Middle East, said its joint venture with Italy-based Studio Altieri has won the main design consultancy contract for the upcoming Kuwait New Maternity Hospital (KNMH). The contract has been awarded by design-and-build contractor Impresa Pizzarotti & C.
The Bahrain-based Sarens Nass Middle East is adding 15 new Demag AC 130-5 all-terrain cranes to its fleet. “We have a significant number of new Demag all-terrain cranes in our fleet,” said Alhanoof Nass, director of Sarens Nass Middle East.
Egypt developer Tatweer Misr plans to build 1,000 hotel rooms at IL Monte Galala, a residential and tourist project inspired by the mountains of Portofino in Italy. Located in Ain Sokhna and covering an area of 2.
Construction of a new 10-lane causeway that will connect Muharraq with Bahrain Bay in Manama will start in the second quarter. The BD100-million ($265 million) project is due to be completed by 2020 and is part of the larger Muharraq Ring Road scheme.
Six leading consortiums have prequalified to submit bids for an independent water project (IWP) in Oman, with a desalination capacity of 16,000 cu m per day, said a report.
Majid Al Futtaim has started work on its Mall of Oman, a super-regional retail destination coming up in the sultanate. The mall is located at Madinat Al Irfan, the new central business hub being developed by Omran near Muscat International Airport.
Advanced Construction Technology Services (ACTS), a leading consultant in the field of construction materials and geotechnical engineering, has been awarded a contract to carry out testing on building materials to be used for Qatar 2022 World Cup infrastructure projects.
GFH starts work on Harbour Row GFH Real Estate (GFHRE), the real estate arm of GFH Financial Group, said it has started work on its $150-million Harbour Row, a new residential and commercial destination in the heart of Bahrain’s capital city Manama and located on the waterfront of the iconic Bahrain Financial Harbour.