Tuesday 31 March 2015
 
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UrbaCon completes Qatar island resort work

Qatar-based UrbaCon Trading & Contracting said it has completed the construction of its new luxurious Banana Island resort just off the coast of capital Doha. It is one of more than 120 hotels and service apartment blocks unde

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Mutual pact proposed on Indian and Bahraini prisoners

Indian prisoners in Bahrain could soon be allowed to complete their sentences in their home country. The proposal is being reviewed by the Cabinet and would also allow Bahraini prisoners in India to complete custodial terms here,

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$54m Zulekha hospital expansion begins in Dubai 


The construction work on Dh200 million ($54.4 million) expansion of Zulekha Healthcare Group's Dubai facility has started and is expected to be completed in the middle of 2017, according to a report. The new facility will enco

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Dubai hospital starts $54m expansion work

Construction work on the Dh200-million ($54.4 million) expansion of Zulekha Healthcare Group's Dubai facility has started and is expected to be completed in the middle of 2017, according to a report. The new facility will enco

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IFC completes AUB’s $100m debt conversion

The International Finance Corporation (IFC) has completed the conversion of $100 million subordinated debt advanced to Bahrain-based Ahli United Bank (AUB) into ordinary shares in the bank. The debt has been converted into more th

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$1.8m sewerage network project completed in Bahrain

Bahrain’s Works Ministry has completed implementation of a BD710,000 ($1.8 million) sewerage network in Block 351, Swaifiya. The project involved 5.55km of sewerage pipes, constructing one main pumping station and one inspec

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Saudi bank completes $533m sukuk

Saudi Investment Bank (Saib) has completed a SR2 billion ($533.3 million) capital-boosting sukuk issue, it said yesterday, the latest lender in the kingdom to offer such an instrument to enhance its reserves.   T

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Dubai Truck Market to be completed in August

Dubai Municipality’s General Projects Department said about 92 per cent of the work on the Dubai Truck Market has been completed, according to a report.   The Dh72.2 million project is expected to be comple

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Bahrain's 4-year development plan on track

A four-year development plan launched in 2011 will be more than 80 per cent completed by the end of this year, according to a senior government official. Minister of State for Implementation Mohammed Al Mutawa told a press confere

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Lusail tenants start moving in

The tenants of Qatar's new city of Lusail have started moving in following the completion of its infrastructure the developers said in a report. The town will be fully ready at the end of this year, said the Emirates 24/7 repo

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