Dubai World’s Limitless to seal $1.2bn debt deal

Indebted property developer offered to pay 175 basis points over the London Interbank Offered Rate. Dubai World’s property development arm, Limitless is...

Doha Port authorities move to promote greater transparency

Cultural disconnection between clients and companies needs to be bridged, authorities say. Parties bidding for work on New Doha Port have been...

Qatar’s Diar to develop three Omani leisure destinations

Developer to enter into a 70-30 partnership agreement with the Oman Ministry of Tourism. Qatar’s Diar Real Estate Investment Company has signed...

DP World Sokha receives two Chinese made gantry cranes

DP World Sokhna, the Red Sea commercial gateway to Egypt’s capital Cairo, has taken possession of two new ship-to-shore gantry cranes as...

Kuwait awards 287 contracts in H1 2012

Contracts mainly for the construction and maintenance of the headquarters of the Public Authority for Minor Affairs. The Kuwaiti Ministry of Public...

UK’s Lakesmere awarded KAIA roofing deal

Contractor will be responsible for the design, engineering and planning work of new KAIA's roof. UK-based roofing contractor Lakesmere has been selected...

UAE’s first eco-friendly mosque to be built by 2013

Deira mosque will feature green building technologies such as solar panels and recycling plants. The UAE’s Awqaf and Minors Affairs Foundation (AMAF)...