Regional News

Work starts on $525m Bahrain Marina project



Bahrain Marina Development Company has announced that work has started on its BD200-million ($525 million) mixed-use project located on Manama's eastern coastal strip. Spread over a 256,000-sq-m area, Bahrain Marina project will offer a unique blend of living, shopping, scenic beaches, and diverse water sports activities.

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Kooheji Contractors wins two Marassi projects



Eagle Hills Diyar (EHD), the pioneering developer behind the iconic Marassi Al Bahrain project, has awarded the construction contract for the building and development of Marassi Bay and Marassi Terraces to leading Bahraini construction company Kooheji Contractors.

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Limak lands $765m Kuwait airport contract



Leading Turkish construction major Limak has secured a KD236 million ($764.87 million) project from the government of Kuwait to build a part of a new terminal at Kuwait International Airport, reported Reuters.

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Ground broken on 500MW Oman solar plant



Leading French developer EDF Renewables and its consortium partner, Korea Western Power Company (Kowepo) have broken ground on the 500MW Manah 1 Solar Photovoltaic (PV) Power Plant located in the Al Dakhiliyah Governorate, 120 km south of Muscat city. The plant, which will come up on a 7.

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Economic corridor to link India, Mideast, Europe



India has announced the launch of the historic Middle East-Europe economic corridor, a mega initiative involving Saudi Arabia, UAE, France, Italy, Germany and US, giving a new direction to connectivity and sustainable development of entire world, reported the Press Trust of India.

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Seven groups to vie for Bahrain Metro project



Tenders will be issued soon for the first phase of the Bahrain Metro project and seven shortlisted consortiums from Bahrain, China, India, Egypt, Saudi Arabia and Europe will be asked to bid for the project, a report in our sister publication Gulf Daily News said.

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Diyar Al Muharraq unveils waterfront plots



Diyar Al Muharraq, a leading real estate development company in Bahrain, has announced the launch of Al Wasem luxurious seafront and inner residential plots, within its premium integrated city in the kingdom. This is the latest residential plan in Diyar Al Muharraq and the first estate ownership project in its northern islands.

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Villeroy and Boch acquires Ideal Standard



Villeroy & Boch AG has announced that it has signed binding agreements to acquire operating companies in the Ideal Standard Group.

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