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Oman's OSC to give subcontracts only to registered SMEs
Oman Society of Contractors (OSC) has said it has made it mandatory for small and medium... Read full article »
Saudi Arabia awards contract for 7,000 new residential units in Riyadh
The Saudi housing ministry has signed a SR1.063bn contract with a local company for the first... Read full article »
Msheireb says MDD's first phase to be completed this year
Qatari real estate developer Msheireb Proprties has announced the first phase of the QR20bn... Read full article »
Kuwait real estate sales in March up 19%
According to a report by the National Bank of Kuwait (NBK), real estate sales in the country... Read full article »
Saudi Railway paid SR6.36bn for expropriated properties for Haramain Railway
The Saudi Railway Organisation (SRO) has said it has disbursed so far 95% of the SR6.7bn in... Read full article »
Saudi Arabia rules out buying land to build housing units
The Saudi housing minister Shuwaish Al-Dhuwaihi has said that owners of vacant plots inside... Read full article »
Diar preparing to start work on London project
Qatari Diar, the property investment arm of the country's sovereign wealth fund, has said that... Read full article »
DPG to resume work on Bay Square, Mudon projects
Dubai Property Group (DPG) has announced it will resume work on some of its key built-to-sell... Read full article »
Real Estate Facilities says 2012 profit stood at KD11m
Real Estate Facilities Co (REFC) has reported a net profit of KD11m ($38.4m) for the year ending... Read full article »
Ezdan reports 76% surge in profit
Qatar's Ezdan Holding Group has said its net income for the first quarter of 2013 surged 76% to... Read full article »
Arabtec acquires EEFECO
Dubai-based construction firm Arabtec is to acquire the 45% of Emirates Falcon Electromechanical... Read full article »
Omani government may compensate contractors for minimum wage increase
The Oman Society of Contractors (OSC) has said the finance ministry may favourably consider its... Read full article »
HCDR says 30,000 new residential units needed in Riyadh annually
The High Commission for the Development of Riyadh (HCDR) has said the Saudi capital city... Read full article »
Galfar secures OR6.68m contract
Oman's Galfar Engineering and Contracting has won a contract by Daleel Petroleum to provide... Read full article »
Qatar seeking to reduce World Cup stadiums: report
Bank of America Merrill Lynch (BoAML) has said that Qatar is in talks with the global football... Read full article »
