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1,514 plots and real estate transferred to Omani citizens says Oman Ministry of Housing
Oman Ministry of Housing says the plots and properties are spread across the sultanate . The Oman Ministry of Housing has announced...
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Saudi Cement sees 19% y-o-y decline in earnings for Q2 2020
Cement producer saw earnings reach $20m in Q2 due to a decrease in sales, increased expenses and other issues. Saudi Cement earnings...
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Oman: Ibri II solar power plant to begin operations by mid-2021
Power will be supplied to and distributed by the Oman Power and Water Procurement Company . Oman has announced that its under...
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UAE’s Arkan says that group revenue fell to $105mn in H1 2020 due to COVID-19 crisis
Decrease in revenue offset by rigorous cost saving programs, building materials supplier says . Arkan Building Materials Company, the UAE-based supplier, has...
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Bechtel secures executive project management contract for NEOM’s cognitive cities
US construction giant overseeing and creating resource-efficient utilities and an advanced transport system to connect NEOM’s cognitive cities. NEOM Co has awarded...
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Farnek awarded international certification for tackling biorisk situations
Company first in Middle East FM sector to be accredited by GBAC STAR Facility Accreditation Program for outbreak prevention, response and recovery....
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Summertown Interiors announces completion of Takeda headquarters project
Project has been awarded LEED silver certification from the USGBC. Fit-out contractor Summertown Interiors has announced that it has delivered the new...
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Azizi breaks ground on Creek Views II residential project
Developer says it launched the project following strong demand for Creek Views I and will be a key development on the shores...
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Union Properties reaches agreement with Emirates NBD over restructure of $258mn debt
Developer says that the agreement with Emirates NBD, which is its main creditor, will substantially improve the debt profile of the group....
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HKA acquires leading UK construction dispute specialist Probyn Miers
Consultancy and advisory firm HKA acquires Probyn Miers, one of the UK's foremost firms of experts in construction dispute avoidance and resolution....
