Construction & Real Estate

Webuild says NEOM terminates its contract for Trojena dams

Italian construction giant Webuild will exit a major contract on Saudi Arabia’s ambitious NEOM development after the client opted to terminate works on part of the Trojena mountain resort, highlighting ongoing adjustments within one of the world’s most closely watched infrastructure programmes....

Construction & Real Estate

Oman awards $86m tenders for development projects

Oman has approved a range of tenders worth a total RO33 million ($86 million) aimed at advancing developmental projects across multiple sectors in the sultanate. These include construction of two flood protection dams in Wadi Al Ansab and Salalah road tunnel project, said a report. ...