Omani, Spanish firms to build $62m specialist hospital

A joint venture between Omani and Spanish firms plans to set up a 70-bed, high-end, super-speciality hospital in Oman, with an investment...

Construction

KONE to supply 418 elevators, escalators for Riyadh Metro line

KONE Corporation, the Finnish elevator and escalator giant, has won an order to supply 418 elevators and escalators for Line 3 of...

Construction

Abu Dhabi airport’s Midfield Terminal opening pushed back

The opening of Abu Dhabi airport’s $2.94 billion Midfield Terminal has been pushed back to 2019, a senior official has said. The...

Infrastructure

Dubai’s DEWA, General Electric discuss closer ties

Saeed Mohammed Al Tayer, managing director & CEO of Dubai Electricity and Water Authority (DEWA), recently received a high-level delegation from US...

Property

Emaar’s Alabbar upbeat after ‘tough’ 2016

The chairman of Emaar, Dubai’s largest listed property developer, says he is “cautiously optimistic” about the market after a “tough” 2016, according...

Infrastructure

Siemens celebrates milestone in Egypt power megaproject

German Chancellor Angela Merkel and Egyptian President Abdel Fattah El-Sisi recently symbolically inaugurated the first phase of Siemens’ megaproject in Egypt. The...