OMA, a leading international practice operating in architecture and urbanism, has unveiled the design for the Wafra residential tower in the Hessa Al Mubarak District along the Kuwait City waterfront – in collaboration with Kuwait-based consultant Pace as a local partner.
The deterioration in construction output growth across emerging markets has been worse than previously expected, particularly in the US and the Middle East, according to GlobalData, a leading data and analytics company. Therefore, the forecast for global construction output growth in 2019 has been revised down to 2.
Oman Tourism Development Company (Omran) has announced the successful completion of the construction work package of Madinat Al Irfan Theatre as part of its Oman Convention & Exhibition Centre (OCEC) project.
Eagle Hills Muscat, a joint venture between Abu Dhabi developer Eagle Hills and Oman-based Izz International, has started work on its new luxury waterfront development, The Mandarin Oriental, Muscat, located in the heart of the sultanate’s capital city.
Bahrain Real Estate Investment Company (Edamah), he property arm of the kingdom’s sovereign wealth fund, has signed an agreement with Khaleeji Commercial Bank (KHCB) to finance its Salmaniya Medical Complex multi-storey car-park development for an amount of BD4.5 million ($11.8 million).
Doosan Bobcat, a world leader in the manufacture of compact construction machines, has opened its new headquarters for the EMEA (Europe, Middle East and Africa) region at Dobris in Czech Republic. Its base was earlier in Waterloo, Belgium.
Ithmaar Development Company (IDC) has announced that steady progress is being made on its $1.6-billion mixed-use development Dilmunia in Bahrain with all infrastructure works nearing completion.
Oman’s health ministry has announced plans to build the sultanate’s first medical city over a sprawling 5-million-sq-m area in the Barka region. The project, being developed at a cost of RO479 million ($1.
The new passenger terminal at Bahrain International Airport has achieved a major milestone, with the successful completion of the preliminary Operational Readiness and Transition (ORAT) testing phase last month.
With more than 27,000 active projects at the end of September, the GCC construction market – which is estimated to be worth $2.5 trillion – is poised for solid growth, said a report by BNC, a leading construction intelligence platform in the Middle East and North Africa (Mena) region.
Assarain Concrete Products (Duqm), a unit of leading Oman-based Assarain Group, has announced that the work has started on its new factory in the sultanate’s Duqm region and the plant was likely to be commissioned next year.
Bluewater Bio to upgrade Tubli plant UK-based Bluewater Bio said it has secured a contract for the major upgradation of Tubli Reclaimed Water Production Centre in Bahrain.