Tuesday 17 January 2017
 
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GCC projects market contracts value tumbles on low oil

The GCC projects market is expected to record at best $120 billion worth of contract awards in 2016, down at least a third over last year and well below what was initially forecast, as low oil prices severely impact government expenditure, accor

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Nshama awards $816m Dubai project deals

Nshama, a private developer of integrated lifestyle communities, has awarded Dh3 billion ($816 million) construction contracts for eight residential projects and all requisite infrastructure at its trendy lifestyle project Town Square in Dubai,

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Oman awards $197m Duqm infrastructure contracts

Oman's Special Economic Zone Authority at Duqm (SEZ) has awarded a pair of contracts worth RO76 million ($197 million) for the construction of a comprehensive flood protection system designed to secure the zone’s multibillion-dollar in

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Oman awards $197m Duqm infrastructure contracts

Oman's Special Economic Zone Authority at Duqm (SEZ) has awarded a pair of contracts worth RO76 million ($197 million) for the construction of a comprehensive flood protection system designed to secure the zone’s multibillion-dollar in

More…

Oman awards $197m Duqm infrastructure contracts

Oman's Special Economic Zone Authority at Duqm (SEZ) has awarded a pair of contracts worth RO76 million ($197 million) for the construction of a comprehensive flood protection system designed to secure the zone’s multibillion-dollar in

More…

Kuwait awards $3.4bn project contracts in Q3

Kuwait’s projects market has maintained its relatively healthy momentum in the third quarter with the government awarding infrastructure contracts worth KD1 billion ($3.4 billion), up 15 per cent over the previous quarter, said a report ah

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Oman awards contracts for $1.3bn waterfront project

The Oman Tourism Development Company (Omran) has awarded two major consultancy contracts for the first phase of its ambitious RO500-million ($1.3 billion) Mina Al Sultan Qaboos Waterfront project. HD23, a joint venture between Nad

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Oman awards $437m port project contracts

Oman's Special Economic Zone Authority at Duqm (Sezad) has signed three agreements worth RO169 million ($437 million) for the construction of a fishing port and the second package of the Duqm Port. This awarding of contracts c

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Kuwait awards $3.4bn project contracts in Q3

Kuwait’s projects market maintained its relatively healthy momentum in the third quarter with the government awarding contracts worth KD1 billion ($3.4 billion), up 15 per cent by KD129 million ($426 million) over the previous quarter.

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DGCX volumes surge 40pc

Volumes on the Dubai Gold and Commodities Exchange (DGCX) touched close to 14.76 million contracts, growing 40 per cent from the same period last year. This year, the exchange recorded an average volume of 75,148 contracts a day,

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