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Work on $2bn Omagine to start in 2017

Construction work on Omagine, a $2.5-billion mixed-use tourism and real estate project to be developed on a 1-million-sq-m beachfront area in Oman, will begin next year and is due for completion by 2024. Located in Seeb, the project boasts pearl-shaped buildings which will host hotels, offices, residences and entertainment venues, reported the Times of ...

Kuwait set to award $27bn contracts

Kuwait’s projects market continued to expand in the second quarter of this year in ...

Flower-shaped tower for Qatar

Qatar will construct two buildings designed by late Iraqi-British architect Zaha Hadid, ...

$1.6bn waterfront goes up in Egypt

Egypt-based Jumeirah Real Estate Investment & General Trading Company and Sakan ...

Bahrain ownership law to boost property market

The recent decision by the Bahraini government to allow foreigner investors 100 per cent ...





Midyan plant set for year-end launch

Saudi Aramco has announced that the construction of the Midyan gas plant is progressing well with 86 per cent of the work completed and it is now scheduled to go into full operation by the end of this year. The contract had been awarded to Larsen & Toubro (L&T) Arabia in 2013 for building key facilities including a gas processing plant at the Midyan...

$1.2bn East Gate to house 7,000 villas

The Saudi government has embarked on a major plan to build 7,000 new villas at an ...

SBG pulls back from brink

Saudi Binladin Group (SBG), the kingdom’s biggest construction conglomerate, appears ...

Posco E&C eyes $2.9bn projects

Posco E&C, a South Korean global construction leader, is in talks with the Saudi ...

Update

Al Zamil, Swiss International ink deal Al Zamil real estate group, one of the arms of the ...





TDIC awards Jawaher Saadiyat contract

Tourism Development & Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, has awarded the main construction contract for Jawaher Saadiyat, a residential community at the Saadiyat Beach District, to Al Jaber Building. The contract is valued at Dh370 million ($100 million) and the project ...

RTA spearheads key transport links

Dubai’s Roads and Transport Authority (RTA) expects to solicit bids within eight ...

Clean coal plant awards contract

Dubai Electricity and Water Authority (Dewa) said its joint venture firm Hassyan Energy ...

Masdar wins Dubai solar park bid

A consortium led by UAE-based renewable energy company Masdar including the Spanish ...

Update

Abu Dhabi approves $148m projects Abu Dhabi government is set to pump in more than Dh544 ...





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