Thursday 8 December 2016

Alargan launches second phase of Al Waha project

Alargan Towell, a leader in innovative housing products catering to investors’ needs, has launched the second phase of its Al Waha Project providing quality housing in Barka, Oman, a report said. The 690,000-sq-m Al Waha residential community is one of the newest integrated


Heathrow reveals design team for airport expansion

Seven leading companies have been signed up to design plans for the sustainable expansion of Heathrow, the second busiest airport in the world by international passenger traffic. The group – Amec Foster Wheeler, Arup, Atkins, Grimshaw, Mott MacDonald, Jacobs and Quod &ndash


Manara launches $11m project for industries

Bahrain-based Manara Developments Company has announced it has begun development of an $11-million project called Workshops – Investment Gateway Bahrain, reported the Gulf Daily News, our sister publication. To read further, please visit


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

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