Monday 5 December 2016

Kuwait PPP projects' funding in spotlight

Al Ruwayeh & Partners (ASAR), a leading corporate law firm in Kuwait, said it discussed ways to boost public-private partnership (PPP) projects in Kuwait and attract key international funding for these projects amid the ongoing oil slump. ASAR was one of the region’s to


Eskan Bank sees good response for debut REIT offering

Eskan Bank, a leading provider of housing finance in Bahrain, said there has been an overwhelming response for Bahrain’s first Sharia-compliant retail real estate investment trust (REIT)’s initial public offering (IPO) which is set to close on Tuesday (December 6). Securiti


Sumitomo completes CPV power plant in Morocco

Japan's Sumitomo Electric Industries (SEI) said it has completed the construction of a 1 MW concentrator photovoltaic (CPV) power generation plant in the Ouarzazate city in Morocco. This is the company's first megawatt-class CPV project. The completion coincided with the


Serviceplan opens offices in Dubai Design District

Serviceplan Group, one of the largest independent agency groups in Europe, has announced the launch of Haus der Kommunikation Middle East via its spanking new offices at the prestigious Dubai Design District (d3). The 5,000-sq-ft premises showcases smartly designed floor plans th


Honeywell hosts fire, security symposium in Oman

Honeywell Home and Building Technologies (HBT) discussed the latest trends and technologies in the fire and security industry with leading consultants at a recent symposium held in Muscat, Oman. The Security and Fire Technology Symposium was held in line with government initiativ


Bahrain to deliver 25,000 homes by 2018

Bahrain's government is set to deliver 25,000 residential units by 2018 in line with His Majesty King Hamad’s directive to build 40,000 housing units across the kingdom over the coming years, said a report, citing the country's housing minister. Reaffirming the mini


Moscow looks for Qatari investment

Moscow is looking to invite Qatari investments in its transport infrastructure as well as other sectors like real estate, healthcare, hospitality, and tourism, said a high ranking official. Moscow is a major destination for foreign direct investments, Cheryomin Sergei, Moscow Gov


King Salman inaugurates mega-projects Sadara and Satorp

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has inaugurated the Sadara Chemical Company (Sadara) and the Saudi Aramco Total Refining and Petrochemical Co (Satorp).    The two projects are among the largest facilities in the refin


The Big 5 2017 set to be 'bigger and smarter'

The Big 5 is poised to be bigger and smarter when it opens next year in Dubai, UAE, organiser dmg events Middle East, Asia and Africa announced at the end of the four-day-long event last month (November 21 to 25). The Big 5 2016 welcomed more than 75,000 participants, breaking last yea


Bahrain starts road infrastructure work

Work has begun on the construction of an entrance to Block 1034 in Malkiya and the environs at the Northern Governorate of Bahrain, said a statement from Ministry of Works, Municipalities & Urban Planning. This comes as part of Dirt Roads Program, a government initiative to i

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