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KPC reports damage from drone attack at Mina Al Ahmadi Refinery
Assessments found that the attack resulted in a fire in several units within the refinery but caused no injuries. Kuwait Petroleum Corporation...
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Nuvé by Zoya launches in Dubai Land Residence Complex
The launch of Nuvé aligns with the company’s long-term expansion in Dubai, focusing on delivering contemporary, design-driven developments. Zoya Developments has unveiled...
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Al Majdiah signs contract with Emarna Contracting for residential project in Riyadh
The project, known as Al-Majdiah Project (174), will involve the construction of 8 residential buildings comprising 226 housing units. Al Majdiah has...
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Plot in Al Sufouh Gardens sells for US $192mn
Despite ongoing tensions in the region, the property market has seen a slew of high value purchases, from plots to villas and...
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RTA completes road development in Nad Al Sheba 3
The plan includes road paving, the construction of traffic links, allocation of dedicated cycling and pedestrian tracks, and parking spaces. The RTA...
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TotalEnergies reports production disruptions amidst Middle East conflict
The barrels produced in the Middle East typically generate lower cash flow from operations compared to its global portfolio due to higher...
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Dar Al Majed seals credit facilities deal with Banque Saudi Fransi
The funding will primarily be utilised for Dar Al Majed’s expansion plans and the development of its real estate projects. Saudi-based Dar...
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Alba cuts 19% output as Hormuz closure disrupts trade
Alba safely shut down Reduction Lines 1, 2, and 3, collectively accounting for 19% of 1,623,000 metric tonnes per annum production capacity....
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Jindal Steel project enters installation phase in Duqm
The arrival of the 935t reactor signals the transition from heavy civil construction to the fitting of core process equipment at the...
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Authorities close several roads due to incident at Dubai International Airport
Several flights bound for the airport were rerouted to Al Maktoum International Airport. Dubai authorities closed several roads early on 16 March...
