Raysut Industrial City received a total of 32 investment applications of commercial, industrial, and service activities during the first half of this year, according to a...
Duqm Hongtong Pipes Company, a Chinese-Omani partnership, held the ground-breaking ceremony of the Sultanate’s first factory for manufacturing Reinforced Thermopolyethlene Pipes at the Special Economic Zone...
The Sultanate is considered as one of the fastest growing countries when it comes to infrastructure. Due to the flourishing construction industry, it has become a...
(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...
(Bloomberg) — Etihad Rail PJSC is seeking a financial adviser to raise as much as $3 billion to build the second stage of a rail network in...
Al Jaber Group, a family-owned business in Abu Dhabi, agreed with banks to restructure $1.5 billion of debt for a second time after sluggish economic growth...
Oman and Saudi Arabia had joined forces to construct a road that connects the two countries together directly. Set to open soon, the road begins from...
Oman has a long history of hosting expats with open arms and a relatively liberal reign. Considered one of the friendliest Middle Eastern countries, Oman has...
Oman has undoubtedly experienced a few tough years in the construction and infrastructure sector. As cited in the Deloitte GCC Powers of Construction 2018 report, the...
In 2017, UK-based engineering mammoth, Petrofac signed a long-term Framework Agreement with Petroleum Development Oman (PDO). The agreement was 10-year long with an additional five-year extension...