Sunday 4 October 2015

Qatar Rail offers architectural opportunities for firms

Qatar Rail, the company overseeing the construction of the country’s integrated railway network, showcased architectural opportunities for local suppliers to become involved with the Doha Metro station works during an awareness day held in Doha. The day-long conference, tit


Acwa Power targets IPO next year

Saudi Arabia-based power and water project developer, Acwa Power, is aiming for a stock market floatation on the Saudi bourse sometime next year, its chief executive said on Tuesday. The company, which has $27 billion worth of assets, with another $17 billion under construction,


Seven in race for Kuwait power plant project

Kuwait's Ministry of Electricity and Water have shortlisted seven teams for the second phase of the Az Zour North Complex Independent Water and Power Producer (IWPP) project. The ministry move comes following the government approval for a $10-billion spending programme focuse


Arcadis joins World Economic Forum

Arcadis, a leading design and consultancy firm for natural and built assets in the region, has become the latest member of the World Economic Forum (WEF).   The WEF is a membership organisation, comprising 1,000 of the world’s top corporations and global enterprises us


Garmco awards $47m remelt project to Fives

Bahrain-based Garmco, a global aluminium rolling mill, has awarded a contract worth $47 million to Fives, a French industrial engineering group, to build a new state-of-the-art cast house at Garmco’s Bahrain facilities. The re-melt project is an EPC (engineering, procuremen


Majid Al Futtaim completes Dubai mall expansion

Majid Al Futtaim, a leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, has announced the successful completion of the expansion work at its luxury flagship Mall of the Emirates in Dubai, UAE. The company yesterday (September 28) celebrated


Egypt approves $1bn housing projects

A total of 550 housing projects worth E£9 billion ($1.14 billion) have won approval from New Urban Communities Authority (Nuca) for construction across Egypt in the first eight months, said a report. These include a 24-building unit in Obour City and a 22-building project c


Duqm SEZ in bid to develop land for industries

The Duqm Special Economic Zone Authority (Sezad) has unveiled a 20-year plan to develop 150 sq km of land on Oman’s Wusta coast for industries and commercial investment, a report said. Infrastructure development of this 1,745-sq- km economic hub initially centred on the nor


Over 50pc of Iran airports plan new terminals

Of the 47 existing civilian airports in Iran, 27 will undergo rehabilitation and refurbishment with new terminals, making the Islamic Republic a hot spot for airport development, said the organisers of an upcoming aviation event in Tehran. The Iran Airports & Aviation Develop


Morocco blocks Ikea store opening

Moroccan authorities have blocked the opening of Ikea's first store in the North African kingdom planned for Tuesday because it lacked a "conformity permit," a statement from the Interior Ministry said on Monday. A news website close to the Moroccan palace said earl

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