Bahrain ‘riding high’ on $30bn project pipeline
Bahrain is set for solid growth, riding on a $30-billion infrastructure project pipeline which will attract investment in high-potential industries. The key finance and industrial sectors will enable Bahrain to lay firm foundations for the next phase of its growth plans, said a report.
More...$650m finance deal to develop Oman project
Bank Nizwa has signed a RO250 million ($650 million) agreement with Palm Beach for Al Nakheel Project, an integrated tourism complex (ITC) in Oman, which will be developed by Alargan Towell Investment Company.
More...thyssenkrupp to build Qatar ammonia plant
thyssenkrupp Uhde, a leading provider of engineering, procurement and construction (EPC) services for chemical plants, has won a contract from Qatar Fertiliser Company (Qafco), an affiliate of QatarEnergy, to provide engineering, procurement, construction and commissioning services for a world-scale ammonia plant, capable of producing its full outp
More...$1.48bn sewage treatment PPP deal awarded
Qatar has awarded a QR5.4 billion ($1.48 billion) public-private partnership (PPP) contract for the development, design, build, finance and procurement of a 150,000-cu-m-day sewage treatment works (STW) project.
More...Awal Plastics poised to spread its wings
Having consolidated itself in the Bahrain market over the past four decades, Awal Plastics is looking at broadening its horizons to ensure that it makes optimum use of its production capacity and meet the region’s surging demand with fit-for-purpose signage products.
More...Work begins on Marassi Vista residences
Construction has begun on Bahrain’s Address Residences Marassi Vista, a one-of-a-kind concept which is home to over 200 luxury units ranging from studios to three-bedroom apartments. Work has kicked off with initial excavation works and sheet piles installations on the 10-storey building.
More...Heisco group wins $160m Kuwait port contract
Heavy Engineering Industries and Shipbuilding (Heisco) has announced that its consortium has secured a contract worth KD48.74 million ($160.2 million) from Kuwait Port Authority for rehabilitation works linked to berths in the Shuwaikh port of Kuwait Ports Authority.
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October 2022 (Volume xliii Issue 10)