Kuwait Oil Company awards offshore drilling contract to Halliburton

The offshore drilling project is one of the most important projects to be implemented within KOC’s 2040 strategy, says Emad Sultan, KOC’s...

EWEC issues tender for 2000 MW solar power project

Successful bidders will hold a 40% equity participation in the project . Emirates Water and Electricity Company (EWEC) has issued a tender...

Nakheel says construction of ‘The View at The Palm’ attraction nearly complete

The developer awarded fit-out contract last month. Nakheel has announced that it is developing a new attraction at the Palm Jumeirah in...

Dubai real estate market reaches ‘attractive levels of affordability’ in H1 2019

Bayut report finds a perceivable shift in interest towards competitively priced areas for renters. Dubai’s real estate market has reached ‘attractive levels...

SNC-Lavalin selected by EGA for three-year services contract

Dubal and Emirates Aluminium (Emal) merged to form EGA in 2013. SNC-Lavalin has won a three-year master services contract for several key...

Alfanar, Taqnia Energy to collaborate for renewable energy projects

Companies sign MoU to explore previously untapped alternate energy sources in local and international markets. Alfanar and Taqnia Energy have signed a...

ASGC gets nod to build region’s ‘most advanced’ cruise terminal

Dubai Harbour is located between Bluewaters and the Palm Jumeirah. Meraas has appointed contractor ASGC to build the new Dubai Cruise Terminal...

African transport infrastructure to see $69bn worth of investment by 2020

Continent aiming to boost intra-Africa trade and boost economic development. Investment in Africa’s transport infrastructure sector set to see significant growth by...

Neom Bay Airport marks major milestone with debut commercial flight

National carrier Saudia will operate twice weekly services to high-tech $500bn project. Saudi Arabia’s Neom Bay Airport, part of the futuristic $500...