Friday 19 April 2019

450 join Renault Trucks Xperience Days in Bahrain

An international audience of 450 participants from the trucks industry recently participated in the Renault Trucks Xperience Days 2019, a unique experience which was split into four key adventures, held in Bahrain. The first section involved a truly test drive experience in the l


Iraq to set up 150,000 bpd refinery in Kirkuk

Iraq has announced plans to build a new refinery in the Kirkuk region of the country that will boast a capacity of 150,000 barrels per day, reported Reuters. The oil ministry has put the final touches on project as per the latest global standards, stated the report citin


Mid-income housing 'in big demand in Riyadh, Jeddah'

Demand for lower- and middle-income housing remains strong in two of the major cities in Saudi Arabia - capital Riyadh and Jeddah - despite current slowdown in the market and subdued performance over the last few years, reveals the latest real estate report by KPMG Al Fozan & Partners, a le


Saudi Arabia unveils $213m water projects in Jizan

Saudi Arabia is set to develop a total of 27 water and environmental projects in the Jazan region of the kingdom, including a main sewage treatment plant and a pumping station, at an investment of $213 million, according to Saudi Press Agency (SPA). Governor of Jazan Pri


Property Finder buys out Bahrain real estate portal

Property Finder, a leading real estate portal in the Middle East and North Africa (Mena) region, said it has acquired Bahrain Property World, a pioneering property portal in the kingdom. The group had been operating through in the Bahrain market for over five ye


Egypt to build over 1.1m housing units in 5 years

Egypt's Ministry of Housing has embarked upon an aggressive programme to build more than 1.1 million residential units over the next five years as part of its efforts to cater to the surging demand for affordable housing in the country, reported Daily News Egypt. Est


Arabian Centres launches IPO on Tadawul

Arabian Centres Company, a leading owner, developer and operator of lifestyle shopping centres in Saudi Arabia, said it plans to proceed with an initial public offering (IPO) on the Saudi Stock Exchange (Tadawul). The offering is expected to comprise a combination of existing and


GFH Properties backs top Bahrain real estate expo

GFH Properties, the real estate arm of GFH Financial Group, has joined the strong line-up of strategic sponsors at the Gulf Property Show 2019, a dedicated boutique showcase for real estate and property development in the Northern Gulf region, being held in Manama, Bahrain. The G


Fujairah inks deal to build $27.2m sports stadium

Fujairah government has awarded a contract to Fuj Singh International Company for the construction of the Dibba Sports Club Stadium in the northern UAE emirate. The sports facility is being built at an investment of around Dh100 million ($27.2 million).   The move comes unde


ZonesCorp to unveil two big projects at Cityscape Abu Dhabi

ZonesCorp, one of the largest developers and operators of purpose-built economic zones in the UAE, is set to announce two modern investment projects in Abu Dhabi and Al Ain at the Cityscape Abu Dhabi 2019 which opens tomorrow (April 16). The largest real estate exhibition in the

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