TAV Airports registers $60.7m net profit in H1 2012

Figures represent the company’s highest ever first half bottom-line after strong passenger growth. TAV Airports, the Turkish airport operator, announced on Friday...

Haramain rail project set for completion by January 2014

480km railway line will pass through Jeddah to serve Haj and Umrah pilgrims more efficiently. Saudi Arabia’s Minister of Transport, Jabara Al-Seraisry...

Construction supports Qatar economic boom

External dangers are expected to impact prices of oil and gas, impacting economy by year end. The research unit of Kuwait Finance...

Two Emaar hotels awarded Green Globe certification

Hotels awarded certification for their adoption of policies and initiatives to minimise environmental impact. Emaar Hospitality Group, a division of Dubai’s Emaar...

Omran picks AECOM for hotel cost management contract

Hotel will be completed by December 2015. Oman’s government-owned tourism development company, Omran, has awarded AECOM Technology Corporation the contract for the...

Contractors set Dec 1 deadline for Riyadh metro project

Contractors to submit their bids for the project's five main construction contracts. Saudi authorities has set the submission date for the five...

Volvo-Eicher to sell Indian JV trucks in Middle East

Volvo and India joint venture partner Eicher plan to sell their revamped truck range across second tier and emerging markets, including the...

Port of Duqm to have cement, bitumen terminals

Port operator in advanced talks to develop a cement import terminal at the port. Oman’s Port of Duqm Company has revealed plans...

Bahraini investor runs into trouble over $63.6m park

Government officials threaten to revoke approval after development plans get out of hand. The Municipal Council of Bahrain’s Muharraq has threatened to...