Regional News

Hydrogen Oman (Hydrom) has announced that a consortium comprising Actis, a leading investor in sustainable infrastructure, and Fortescue, an integrated green energy company, has emerged as the winning bidder in the second round of a green hydrogen tender process.






Adrak Developers has announced a significant partnership with the Ministry of Housing and Urban Planning for the development of Neighbourhood 12 D (NH 12 D), featuring over 300 high-end residential units spread across an area of 56,166 sq m within the Sultan Haitham City in Oman.






Bahrain Marina Development Company has announced that steady progress is being made on its iconic marina project being developed at a total investment of BD200 million ($527 million) in the capital Manama with nearly 18 per cent of the construction work already completed.






Bahrain’s Electricity and Water Authority (EWA) last month (May) floated a tender for the construction of a new seawater reverse osmosis (SWRO) desalination plant on Hawar Island off the southeastern coast of the kingdom.






Omani authorities have announced that partnership agreements worth RO333 million ($862 million) have been sealed with leading developers for setting up residential neighbourhoods across the sultanate.  These projects, which will come up on a total area of 3.3 million sq m, will feature more than 5,000 new residential units, reported ONA.






Kooheji Contractors, a leading Bahraini construction firm, said it has achieved a milestone in the development of the Marassi Terraces project, a luxurious residential complex within the expanding Marassi Al Bahrain district in Bahrain’s Diyar Al Muharraq development.






Abu Dhabi Future Energy Company – Masdar has signed a deal with Bapco Energies of Bahrain to jointly explore the development and investment in wind projects in the kingdom with a capacity of up to 2 gigawatts (GW).






Infracorp, a leading investor in the infrastructure and sustainability development sector, has announced that work has begun at Marina Bay, a premium development located on Reef Island in the heart of Bahrain’s capital Manama. Being developed by Infracorp at a total investment of $200 million, Marina Bay offers a host of amenities.






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