KNPC completes biofuels project in Kuwait

The cost of the biofuels project has reached $14.7bn according to Abdullah Al Ajmi, deputy CEO for projects at KNPC. Kuwait National...

Coronavirus: EETC delays tender offer for electricity interconnection line with KSA due to COVID-19 pandemic

Postponement is the third so far, following two earlier delays due to changes in the line course because of Neom project in...

Coronavirus: Emaar announces salary cuts across its businesses

The Dubai-based developer is also suspending some of its most recent projects. Emaar Properties has cut executive and staff salaries across its...

Target Engineering wins $57 million worth contracts in Abu Dhabi

Contract win covers works related to offshore oil facility and real estate sector. Arabtec Holding has announced that Target Engineering, its wholly...

Eltizam one of first companies in region to adopt next-gen ERP SAP tech

The implementation of its new intelligent ERP system SAP S/4HANA will transform and streamline the Eltizam’s core back-end ops. Eltizam Asset Management...

Oman’s Asyad Group invites bids for development of 54,104sqm prime land in Muscat

Proposals sought to select a developer to invest and develop prime plot of land for residential, commercial or mixed-use project. Oman Global...

Seven Tides says flagship development on track for Q4 2020 handover

Development is now branded Seven Palm, with both component projects rebranded to Seven Palm Hotel Apartments and ‘Seven Palm Residences. Developer Seven...

Coronavirus: Oman oil and gas firms pledge $15.6m to support initiatives to reduce outbreak’s impact

Oman LNG recently funded an advanced isolation ward at Sur Hospital in a bid to boost health services in the South Sharqiya...

Coronavirus: Emaar Properties donates $27.2mn to fund designed to fight COVID-19

Developer says it was among the first to take steps to support authorities’ measures in the drive to contain COVID-19. Emaar Properties...

Acwa Power-led consortium reaches deal on 500MW IPP in Oman

300km west of Muscat, the Ibri-2 IPP will contribute towards increasing power supplies in the sultanate. Acwa Power said its consortium with...

Infrastructure ME