Wednesday 28 January 2015
 
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Construction

Major contracts expected for Saudi-Bahrain pipeline

The first construction contracts for a new crude oil pipeline between Saudi Arabia and Bahrain are expected to be awarded by the second quarter of this year, a senior Bahrain Petroleum Company (Bapco) official has said. In a state

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Qatar enters big league with $280bn construction projects

Qatar is the second most attractive market in the world with over $280 billion worth of construction projects, thanks to the immense opportunities offered by the 2022 FIFA World Cup, said a report. Of these, the infrastructure-rel

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Qatar invites tenders for healthcare projects

Qatar Public Works Authority (Ashghal) has invited tenders for the construction of a new building and a warehouse at the Hamad Bin Khalifa Medical City in capital Doha, said a report. The facility, which is aimed at supporting imm

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Al Khodari posts five-fold profit jump

Saudi construction firm Abdullah Abdul Mohsin Al Khodari and Sons reported a five-fold increase in fourth-quarter net profit on Sunday, and announced its project pipeline has also risen significantly. The company made a profit of

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Shell Oman hosts seminar on bitumen technology

Shell Oman Marketing Company, a leading fuel marketing company in the Sultanate, recently organised a seminar on construction and maintenance of road asphalt pavements. The workshop is aimed at updating Shell Oman's clients on

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FEP acquires 50pc stake in Oryx in $136m deal

First Equity Partners (FEP) has acquired a 50 per cent stake in Fujairah-based construction materials firm Oryx Industries for Dh500 million ($136.1 million), according to a report. The stake would be further raised over the &lsqu

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Qatar tops Mideast region in construction costs

The construction costs in Qatar remain the highest in the Middle East, followed by the regional heavyweights the UAE and Saudi Arabia, according to an annual report released by EC Harris, an Arcadis company and global built asset consultancy fir

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Qatar readying construction specifications

Qatar's Ministry of Environment is giving finishing touches to its revised standard specifications for construction works aimed at making roads and buildings safer by improving their quality standards, said a report. The new Q

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Currie & Brown appoints new COO for Mideast operations

Currie & Brown, a leading physical assets management and construction consultancy, has appointed Ernie Pienaar as chief operating officer of its business in the Middle East. Pioneer joins from KBR and brings with him over 40 y

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Rio Tinto to invest $500m in India diamond project

Global mining company Rio Tinto plans to invest $500 million in a diamond project in the Indian state of Madhya Pradesh, its chief executive officer Sam Walsh said on Monday. The company is waiting for environment approvals from the Ind

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