Kuwait Government appoints IIAC to operate and manage Terminal 4

The Kuwait government has awarded Korea’s Incheon International Airport Corporation (IIAC) an operation and management contract, according to Kuwait state news agency...

Consultant

Tamdeen Group opens Al Kout Mall in Kuwait

Kuwait-based property developer Tamdeen Group has opened Al Kout Mall, the latest addition to its waterfront Al Kout retail and leisure development....

Interviews

Leading the Way: Interview with KEO’s Donna Sultan

“What I enjoy too is how diverse the experience is to be living here. You are in a great melting pot of...

Construction

Omniyat turns to Kuwait’s Burgan Bank for $40mn facility for Dubai project

Omniyat, the Dubai-based luxury property developer, has said that it has secured construction finance from Burgan Bank for its twin tower project,...

Machinery

JTC orders new Demag cranes

Kuwait’s Jassim Transport & Stevedoring Co. K.S.C.C. (JTC) has placed an order for six new Demag all-terrain cranes (ATC) from Terex. The...

Infrastructure

Kuwait looking to invest $26.6bn into new infrastructure

According to state news agency Kuna, the Kuwaiti government is planning to launch several new projects, which includes the building of new...

Construction

URC launches residential Hessah Towers at Hessah Al Mubarak District

Kuwaiti real estate developer United Real Estate Company (URC) has launched a twin residential tower project - Hessah Towers - to the upcoming...

Construction

Kuwait construction firms facing bankruptcy due to lack of liquidity in market

A number of construction firms in Kuwait are facing the prospect of declaring bankruptcy due to a lack of liquidity and an...

Construction

Infrastructure work for Kuwait’s Hessah Al Mubarak District completed

Kuwait Projects Company (Holding) has announced that infrastructure work for Hessah Al Mubarak District project, the country’s first-ever comprehensive mixed-use district, has...

Combined Group Contracting wins contract to build petrol stations in Kuwait

The Kuwait National Petroleum Company (KNPC) has appointed Kuwait-based Combined Group Contracting Company (CGC) to build 10 new filling stations across the...