(Bloomberg) — Arabtec Holding shares soared in Dubai after the company started talks to merge with Abu Dhabi-based Trojan Holding. The stock advanced as much as...
(Bloomberg) — Saudi Arabia has awarded to two Saudi firms contracts to build worker housing for its futuristic mega-city called Neom, as plans for the $500...
Oman’s Galfar Engineering & Contracting has been awarded the first construction contract for Khazaen Economic City, stated a media release. This is the first construction contract...
Galfar Engineering & Contracting, Oman’s largest multi-disciplined engineering, contracting and construction company, has recently been awarded a sub-contract for US$16mn from China Petroleum Pipeline Engineering Company...
The approval of the detailed master plan opens the doors to the next phase of attracting local and international investment to the economic city; New laws...
(Bloomberg) — Qatar is experiencing economic whiplash as it winds down $200 billion of infrastructure works to prepare for the 2022 soccer World Cup. Construction shrank 1.2% from a...
Shumookh Investment and Services Company, the investment arm of the Public Establishment for Industrial Estates – Madayn has announced a tender for construction of the sixth...
(Bloomberg) — Drake & Scull International fired its chief executive officer, chief financial officer and chief legal officer as the Dubai-based contracting and engineering firm posted...
India’s construction conglomerate Larsen & Toubro said it has secured a major construction contract valued at Rs.4.3bn ($67mn) for a residential project in Oman. The scope...
Hassan bin Ali Salman, chairman of Al Hassan Group of Companies, who passed away on January 23, was a respected figure in Oman’s business world. A versatile entrepreneur, Hassan assumed...
