Oman to award major power plant project
ACWA, MITSUI KEY PARTNERS
Oman Power and Water Procurement Company is set to award a major contract to a consortium comprising Japan's Mitsui & Company and Saudi-based Acwa Power for the development of a 445MW natural gas-fired power plant in the sultanate.
Alfardan's Qatar luxury project wins top award
Alfardan Properties, a leading luxury lifestyle solutions provider in Qatar, said it has won a major award for its luxury residential real estate projects at the 2015 Luxury Lifestyle Awards held recently in Dubai, UAE.
Firms sign building system testing lab accord in Bahrain
Bahrain-based United Enterprises Group and Facade Design and Services have signed an deal to provide and operate Bahrain's first and only building system testing laboratory and on-site testing facility centre for building materials - UFDS.
Dilmunia island plot sold for $23.6m
Ithmaar Development Company announced today the sale of a strategic plot on the Dilmunia island in Bahrain to Kuwaiti developer and hospitality investor Kuwait Resort Company, an affiliate of Al Tijaria, the Commercial Real Estate Company.
Egypt ‘needs cheaper land to tackle housing crunch’
Sodic, one of Egypt's largest listed real estate developers, says the state must find new ways to allocate land at lower prices if it wants the private sector to help meet the massive demand for housing.
Tech Group wins $23m contracts for Ajman project
Tech Group, the largest construction group in Ajman, says it has secured contracts worth a total of Dh87 million ($23.7 million) to provide various construction solutions for the Ajman Corniche Residence (ACR), a mixed-use development.
Dubai Parks and Resorts ride works on track
More than 40 per cent of the ride engineering and manufacturing works have been completed and ride components are beginning to arrive at Dubai Parks and Resorts, which is set to be the region’s largest multi-themed leisure destination.
Massive Oman convention centre to open in 2016
Oman Convention & Exhibition Centre (OCEC), the sultanate’s landmark business events hub, has revealed its latest 3D structures and aerial drone images in the lead up to its opening in 2016.
Adco signs $334 EPC deal for Mender oilfield
The Abu Dhabi Company for Onshore Petroleum Operations (Adco) has signed an engineering, procurement and construction (EPC) contract valued $334 million for the development of the Mender field with China’s CPECC.
Four new solar power pilot projects planned in Oman
Oman’s Rural Areas Electricity Company (Raeco) is planning to set up four solar power projects as pilot ventures, according to a report.
Qatar charity to build two centres for Syrian refugees
Qatar-based Sheikh Thani Bin Abdullah Foundation for Humanitarian Services (RAF) will launch an $11-million project to build two villages in northern Syria for displaced Syrians, a report said.
RP Group firm wins $620m contracts in UAE
Gulf Asia Contracting, part of the multi-billion-dollar RP Group, has been awarded over Dh2.28 billion ($620.5 million) in civil and industrial construction contracts in the UAE.