Wednesday 26 October 2016

Bahrain’s EDB backs top property show

Bahrain’ s Economic Development Board (EDB) has announced its Diamond sponsorship of Bahrain International Property Exhibition (Bipex) 2016, taking place from November 3 to 5, reported the Gulf Daily News, our sister publication. To read further, please visit


Work set to start on Sebacic plant in Duqm

Work is expected to start on the RO24-million ($62.37 million) Sebacic Oman Factory at the Special Economic Zone of Duqm (SEZD) this week. The foundation stone laying for the project will be held on October 26 under the patronage of Yahya bin Said Al Jabri, Sezad chairman, a repo


Masdar inks deal for giant solar plant in Jordan

Top UAE renewable energy company Masdar said it has signed a power purchasing agreement with the Jordanian government for a 200-megawatt (MW) solar power plant near capital Amman. The photovoltaic (PV) project will be the country's largest solar power plant, said Mohamed Al R


Dubai forum to discuss future needs of nation, cities

Leading global experts in the field of sustainable project management will discuss the future needs of the nation and cities including the education, health, transport infrastructure and water resources at an upcoming summit in Dubai, UAE. The third edition of the Dubai Internati


Bahrain works ministry names new panel chief

Bahrain's Ministry of Works, Municipalities Affairs and Urban Planning has appointed Asma Murad, the sanitary engineering assistant undersecretary, as the new chairman of the Equal Opportunities Committee at the Works Affairs. The committee’s main objective is integrati


Forum puts spotlight on latest glass industry trends

Over 100 officials from across the world, including representatives from glass companies, architects, consultants, glass suppliers and processors, discussed the latest glass processing techniques, the international standards on glass specifications, fire glazing and regulations in the UAE, at a


Dar Al Arkan net profit up 21pc in Q3

Saudi-based Dar Alarkan Real Estate Development Company has posted a 21 per cent jump in its net profit for the third-quarter which rose to SR113 million ($30 million) from SR93 million ($24.7 million) over the same period last year. The increase in the profit was mainly due to t


Saudi Arabia to start key railway line by early 2017

The North-South Railway, the 1,250-km-long rail network which will start from Riyadh and run through Al-Majma’ah, Qasim, Hail and Jouf areas of the kingdom to reach Al Qurayyat, will be launched early next year, said a report citing a senior government official. The project


Arabian Cement Q3 net profit up 8.6pc

Egypt-based Arabian Cement, one of the largest cement firms in the region, has reported a net profit of SR97.2 million ($26 million) in the third quarter, up 8.6 per cent over the same period in 2015. The growth in net income was primarily attributed to sources such as higher other net


Experts to discuss Kuwait's $250bn projects market

Senior government and business leaders will be in Kuwait for a key summit next month which will put focus on the country’s $250-billion projects market. Now in its 12th year, The Kuwait Projects conference will be held at the Regency Hotel, Salmiya on November 28.

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