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...

Construction

Qatar’s Aljaber Group planning IPO – report

The Qatar-based construction firm Aljaber Group is planning an initial public offering (IPO) worth approximately $800 million on the Doha stock market,...