Doha Bank, Leighton Contracting sign $604m finance deal for Qatar reservoirs

Doha Bank has signed a project finance deal with Leighton Contracting Qatar, a subsidiary of UAE-based Habtoor Leighton Group, for the construction...

Infrastructure

Plans unveiled for $195.7m desalination plant in Ras Al Khaimah

A desalination plant is to be built at a cost of $195.7m in Ras Al Khaimah, UAE, under an Emirati-Spanish joint venture,...

Infrastructure

Oman floats tender for temporary water desalination plants

The Oman Power and Water Procurement Company (OPWP) has floated a tender for setting up temporary water desalination plants to meet the...

Infrastructure

Tunnel excavation completed for Qatar drainage project

Tunnel boring machines (TBMs) have completed excavation work on the 10km long main tunnel of the Mesaimeer Surface and Ground Water Drainage...

Infrastructure

Dubai’s RTA to open road linking E311 and E611

Dubai’s Roads and Transport Authority (RTA) is set to open the final stage of Al Yalayes Road, completing the link between the E311...

Infrastructure

Opening of $8bn New Suez Canal brings high hopes for Egypt

“Egypt’s gift to the world” is here – as the $8bn New Suez Canal opens today to great fanfare, and some doubts.The...

Infrastructure

Saudi Arabia approves 168 municipal projects worth $266m

Saudi Arabia has approved contracts worth $266 million to implement 168 municipal projects across 14 governorates, the state news agency reported. Projects...

Infrastructure

Omani delegation in Iran to finalise $60 billion gas plan

An Omani delegation is in Iran to finalise procedures for the import of Iranian natural gas under a $60 billion deal sealed...

Infrastructure

Dubai’s DP World begins work on $1.6bn terminal at Jebel Ali

DP World, the operator of Dubai’s Jebel Ali Port, has announced the start of construction work on a new $1.6 billion container...

Infrastructure

Kuwait awards contracts worth $11.5bn to build Al-Zour oil refinery

The state-run Kuwait National Petroleum Company (KNPC) has awarded four contracts worth $11.5 billion to build the planned Al-Zour oil refinery, the...