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Galfar plans expansion in Saudi Arabia, Iraq
Oman-headquartered construction firm Galfar Engineering and Contracting has said that 15% of its... Read full article »
Omani developer, Bank Muscat ink financing deal for Salam Residence
Omani developer Salam Properties has signed a memorandum of understanding with Bank Muscat to... Read full article »
MMG narrows losses in Q4 2012
Saudi construction company Mohammed Al-Mojil Group (MMG) has reported a fourth-quarter net loss... Read full article »
Oman to spend $555.8m on development projects
Oman has approved a number of projects worth around OR214m ($555.8m) for the governorates of... Read full article »
Qatar wants full compliance with safety standards
Qatar's labour ministry has said nearly one third of the companies operating in the Gulf country... Read full article »
Saudi Easter Province to spend SR1.1bn on infrastructure projects
The municipality of Saudi Arabia's Eastern Province has allocated SR1.1bn in its budget for this... Read full article »
More consolidation seen in Abu Dhabi after Aldar, Sorouh merger
Analysts have said the state-backed merger of Abu Dhabi's two largest property developers is... Read full article »
Kuwait bought Canary Wharf scheme
The Kuwaiti government, through its real estate arm St Martins Property, has bought 5 Canada... Read full article »
Township for 100,000 people to come up in Oman's Duqm Port in 2014
Oman's Port of Duqm has said construction of a township with a capacity for 100,000 inhabitants... Read full article »
Bahrain to spend BD1bn on infrastructure projects
Bahrain's works minister Essam Khalaf has announced plans to spend about BD1bn ($2.5bn) on... Read full article »
Lebanon saw decline in construction activity last year
The number of construction permits issued by the Lebanon's Orders of Engineers in Beirut and... Read full article »
Qatari Diar freezes London project
Qatari Diar has put on hold its biggest single investment in London, citing concerns about the UK... Read full article »
Bahrain to raze unsafe buildings
The Bahraini cabinet is setting up a legal committee to finalise legislation to regulate the... Read full article »
Qatar makes thermal insulators mandatory for building licences
The Qatar General Electricity and Water Corp (Kahramaa) has made it mandatory for all new... Read full article »
Aldar, Sorouh's shareholders to vote on merger on Feb 21
Abu Dhabi's Aldar Properties and Sorouh Real Estate have said their shareholders are set to vote... Read full article »
