UD Trucks brings new Quester range to Saudi Arabia

UD Trucks has launched its new Middle East-focused range of Quester trucks in Saudi Arabia through Rolaco Trading and Contracting Holding, its...

Construction

Dubai’s KBW Investments buys Grayscale Interiors

KBW Investments has announced the signing of a majority acquisition of Grayscale Interiors, a UAE-based company that specialises in interior fit-outs. The...

Infrastructure

Riyadh Metro Line 5 tunnel excavation completed

Tunnel excavation works for Line 5 of the Riyadh Metro project has been completed, Arriyadh Development Authority announced in a press release....

Construction

Kuwait National Assembly passes public tenders law

Kuwait’s National Assembly has unanimously passed in the first reading, a new public tenders law following the introduction of a number key...

Infrastructure

Intecsea ‘submits proposal for Iran-Oman pipeline’

Dutch offshore engineering firm Intecsea has submitted a proposal to participate in the construction of the proposed $1.5 billion Iran-Oman gas pipeline...

Property

Dubai’s Damac plans sale of first Aykon City residential units

Damac Properties has announced the upcoming sales launch of the first residential tower at its Aykon City project next to the Dubai...

Fleet

Nissan appoints new managing director for Saudi Arabia

Nissan has announced the appointment of Simon Frith as the new managing director of Nissan Saudi Arabia, effective from June 1. Frith,...

Infrastructure

Orpic ‘to invest $320m in Muscat – Sohar pipeline’

The state-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) is to invest $320 million in building a 290km pipeline that will...

Property

Dubai property prices hit ‘plateau’ – ValuStrat

Rents and sale prices in Dubai’s residential property sector are showing strong signs of reaching a plateau, according to a report by...

Property

Damac launches phase 2 of ‘Sharia compliant’ project

The Dubai-based real estate heavyweight, Damac Properties, has announced a limited release of units in the second phase of its Sharia-compliant luxury...