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  Port of Sohar signs expansion agreement

  Handling capacity for port will go up to 1,500,000 TEU. [caption id="attachment_11727" align="aligncenter" width="300"] Oman's Port of Sohar has signed an expansion...

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  UAE Central Bank won’t impose mortgage caps

  Governor of bank dismisses media reports over central bank ruling. [caption id="attachment_13804" align="aligncenter" width="480"] The governor of the UAE Central Bank has...

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  KSA’s Mohammad Al Mojil Group to take legal action against debtors

  Financially troubled construction firm says it is owed more than $107mn. [caption id="attachment_13887" align="aligncenter" width="449"] Saudi Arabia's Mohammad Al Mojil Group will...

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  Qatar plans $27.5bn road upgrade

  Spending on highway projects in Qatar is set to increase significantly this year. [caption id="attachment_13882" align="aligncenter" width="419"] Qatar plans to spend $27.5bn...

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  Bill Gates buys $1bn stake in Orascom

  Investment is one the largest foreign currency inflows into Egypt since revolution. [caption id="attachment_13876" align="aligncenter" width="448"] Bill Gates and other US investors...

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  Abu Dhabi to recommence spending

  UAE capital plans five year, $90bn spending spree on education, housing and infrastructure. [caption id="attachment_13871" align="aligncenter" width="303"] Abu Dhabi is set to...

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  Komatsu to slash production; concentrating on next generation

  Komatsu is to slash production by 30-40% in Japan as it moves to become more profitable.. [caption id="attachment_3975" align="aligncenter" width="300"] The world's...

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  Doha conducts building safety assessment campaign

  Municipality sets up panel to assess safety of buildings in Qatari capital . [caption id="attachment_13866" align="aligncenter" width="457"] Doha has set up an...

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  Development spurring Famco’s growth in Saudi Arabia

  Paul Floyd, managing director of FAMCO says that "aspirational development" over the past 12 months has helped the company go from strength...

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  Dubai Metro set for massive expansion

  RTA chief says new lines will added to network by 2030. [caption id="attachment_13860" align="aligncenter" width="451"] Dubai Metro will cover 421km and have...

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