Lamprell wins EPIC contract for Sharjah gas and condensate field

Discovery of the onshore Mahani field was announced by SNOC and its partner Eni at the end of January2020. Sharjah National Oil...

Oman sees real estate deals hit $1.63bn in first two months of 2020

Number of plots issued till end of February was down by 5.7% compared to same period in 2019. The total value of...

Coronavirus: ENBD REIT announces rent relief measures to help tenants during COVID-19 crisis

Flexible solutions proposed to help combat crisis across portfolio. ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD...

Top officials briefed about construction progress on $220mn Bahrain International Exhibition and Convention Centre

309,00sqm facility will strengthen Bahrain’s event infrastructure and allow it to host larger events in future. Leading Bahrain government officials, led by...

Arada to launch Sharjah’s first drive-in cinema experience

Screenings at Movie Nights at Aljada will take place on a daily basis from 8pm and will be free to enter on...

Barakah Nuclear Energy Plant Unit 4 test completed successfully says ENEC

The plant’s four units will supply up to 25% of the UAE’s electricity by producing 5,600MW of clean, baseload electricity . Emirates...

KSA’s Binladin Group cuts thousands of jobs and slashes salaries due to COVID-19 crisis

Reuters report says thousands of staff have been let go or sent on unpaid leave. Saudi Arabia’s Binladin Group has cut thousands...

RTA to rename three metro stations by June 2, 2020

Red Line metro station formerly known as Sharaf DG Metro Station will now be known as Mashreq Metro Station following agreement with...

Bahrain distributes 5,000 homes under Al Ramli Suburb Housing project

Minister of Housing says distribution of contracts is part of ministry’s programme to build 40,000 housing units. Bahrain’s Minister of Housing, Engineering...

Kuwait construction sector facing mass closures due to COVID-19 lockdown

Kuwait Business Impact Survey finds that 39% of construction related businesses have shut down operations since lockdowns instituted. Approximately 39% of businesses...