Regional News

Acme Group, one of the India’s fastest growing companies in the solar energy sector, has signed a land agreement with Oman’s Public Authority for Special Economic Zones and Free Zones (Opaz), in a first step towards setting up one of the world’s largest green ammonia projects in the Port of Duqm.






Oman’s Public Establishment for Industrial Estates (Madayn) has opened up a number of industrial cities – existing and greenfield – for local and international investment, according to a report.






Oman Cement Company (OCC) plans to add a new production line with a capacity of 10,000 tonnes per day (tpd) at a cost of $300 million as part of a brownfield expansion of its complex at Misfah in Muscat Governorate, a report said.






Siemens Mobility, a unit of global technology major Siemens, has announced that its consortium with Orascom Construction and The Arab Contractors has secured a turnkey rail system contract worth $4.5 billion from the National Authority for Tunnels (NAT).






The Avenues – Bahrain waterfront shopping destination will launch work on the Phase Two expansion of the project, estimated to be worth about BD60 million ($159.15 million), in the third quarter of this year.






Bahrain’s Ministry of Transportation and Telecommunications (MTT) has received bids from seven leading companies for providing consultancy and preliminary design services for an alternative corridor, as part of the kingdom’s metro project, which is estimated to cost between $1 billion and $2 billion.






Innovation, quality and efficiency are key watchwords that differentiate Geberit and give it a competitive edge in the market, according to Tamer Qazi, the newly appointed Managing Director Gulf Representative Office for the Swiss sanitary ware specialist.






Bahrain Financial Harbour (BFH), a major live/work/play destination being built on the waterfront and at the heart of Manama, is now in its third phase of construction with third-developers building residential, leisure, hospitality, and office properties within the iconic Bahrain development, according to its top official.






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