Wednesday 17 August 2022

Depa wins $30m hospitality project in Saudi Arabia

Depa, a leading global interior solutions group, has secured a project worth approximately AED110 million ($29.95 million) in the Red Sea region of Saudi Arabia.    Depa Interiors, Depa’s Middle East key business unit which specialises in the provisio


Oman Botanic Garden work on track for completion by 2023

Work on the Oman Botanic Garden, the first of its kind development project, is expected to be completed by the end of 2023, a report said.   The project, between the mountains and wadis of the Al Khoudh area in the Wilayat of Al Seeb, is progressing well, said t


TGKMS named official aftersales service partner of Dometic

Transguard Group, a leading business solutions provider, has said its Kitchen Maintenance Solutions (TGKMS) has signed an aftersales dealer agreement with Dometic, a leading brand for hospitality in-room equipment.   “Our newest business division offers co


Bahrain to build 372 housing units in Khalifa Town

Bahrain's Ministry of Housing and Urban Planning is set to implement a project to build 372 new housing units in Khalifa Town, worth BD17 million ($45.13 million).   Deputy Prime Minister and Infrastructure Minister, Shaikh Khalid bin Abdulla Al Khalifa, pai


Duqm port container crane project 86pc complete

Oman's Public Authority for Special Economic Zones and Free Zones (OPAZ) has announced the completion of 86% of a project to supply and install cranes and gantry cranes as part of the second phase of Duqm Port’s commercial jetty.   The authority awarde


Marassi Park construction reaches 40pc; completion in Q3 2023

Eagle Hills Diyar, the pioneer behind the iconic Marassi Al Bahrain, has said the fast-selling Marassi Park, a residential development on the Grand Boulevard, has reached 40% of construction, with completion set for end of Q3, 2023.   The Marassi Park project ha


Dubai real estate deals touch $2.64bn last week

A total of 2,433 real estate transactions worth AED9.7 billion ($2.64 billion) were conducted during the week ending August 12, 2022 in Dubai, according to figures released by the Dubai Land Department.   A total of 326 plots were sold for AED1.64 billion,


Damac's Beverly Hills Drive to offer six-bedroom mansions

Damac Properties has announced the launch of Beverly Hills Drive — a luxurious collection of high-end 6-bedroom mansions within the exclusive Trump Estates cluster at Damac Hills in Dubai.   Residents seeking lavish spaces will be thrilled with these 3-sto


Sur Industrial City signs deal for $40m chemical plant

Oman’s Sur Industrial City, affiliated to the Public Establishment for Industrial Estates (Madayn), has signed an investment contract with Al Ghaith for Chemical Industries to establish a chemical plant on 60,000 sq m with an investment value exceeding $40 million. This val


NBB funds purchase of residential villa at Deerat Al Oyoun

The National Bank of Bahrain (NBB) said it has successfully financed the first beneficiary under the ‘Tas’heel’ finance solutions, enabling them to purchase a residential villa in Deerat Al Oyoun, in conjunction with the Ministry of Housing and Urban Planning and Eskan Bank.

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