Saturday 25 April 2015
 
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GPIC completes universal periodic maintenance

All procedures to carry out the universal periodic maintenance at Gulf Petrochemical Industries Company (GPIC) have been completed, it was announced yesterday (April 20). GPIC president Dr Abdulrahman Jawahery said this was done s

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Drydocks World completes major rig repair ahead of schedule

Drydocks World, a leading service provider to the shipping, maritime, offshore, oil, gas and energy sectors, has completed a refurbishment project on the National Drilling Company’s (NDC) offshore drilling Rig Beynouna in the UAE.

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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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