Majid Al Futtaim Entertainment has announced the official opening of Snow Oman, its third indoor snow park in the region, thus marking another milestone in its investment strategy in the sultanate.
World Aquatics and the Bahrain Olympic Committee (BOC) have announced plans to build a state-of-the-art aquatics sports centre in Bahrain, in partnership with GFH Financial Group and the Bahrain Swimming Federation.
Oman and Etihad Rail Company, the developer and operator of the UAE-Oman Rail Network, has signed a co-operation agreement with Mubadala Investment Company, a sovereign investor in Abu Dhabi, to support the development of the 303-km railway network linking Oman and the UAE, at an overall investment value of $3 billion.
India’s first and biggest metro rail company Delhi Metro Rail Corporation (DMRC) has announced that it has qualified for the pre-qualification tender process for an international consultancy project to construct Phase One of Bahrain Metro.
Eagle Hills Muscat, a joint venture between Abu Dhabi developer Eagle Hills and Oman-based Izz International, has announced that its premium project – The Residences at Mandarin Oriental – has been approved as an integrated tourism complex (ITC).
Kuwait-based real estate developer Mabanee Company said it has signed an agreement with Public Authority for Housing Welfare (PAHW) for the Sabah Al Ahmad Project (S3), a key mixed-use development coming up on a 40,121-sq m-area in the capital city.
The Oman Power and Water Procurement Company (OPWP), a member of Nama Group, has sought requests for proposal (RFPs) from interested bidders to provide legal consultancy services for setting up three major wind projects across the sultanate.
Bahrain’s real estate transaction volumes continued to improve throughout late 2022, reaching 5,659 in Q4 and ending the year with a total of 21,603 transactions, on the back of strong GDP growth, high oil prices and new fiscal reforms, according to global real estate consulting firm CBRE. This marks a full-year increase of 0.
