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Sadara brings Saudi Arabia’s first polyols plant on-streamSadara Chemical Company (Sadara), the largest chemical complex ever built in a single phase, has successfully started up the kingdom’s first polyols plant. This manufacturing facility produces specialty chemicals that go into the production of poly More… |
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Foundation stone laid for Salalah Grand MallThe foundation stone for the new Salalah Grand Mall project in Salalah city was laid this week as part of Oman's Renaissance Day celebrations. The project is being developed by Oman's Ministry of Defence Pension Fund and Al Madina Real Estate Company. The event w More… |
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Kahramaa completes key substation for Qatar RailQatar General Electricity & Water Corporation (Kahramaa) has announced the completion of the first electricity substation that serves the Qatar Rail Company in Ras Abu Fontas area. The plant will provide the Doha Metro project with electricity. Kahramaa, in col More… |
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Petrofac wins $100m new contracts in IraqPetrofac, a leading provider of oilfield services, has secured a contract extension and a new award with a combined value of more than $100 million for construction management, engineering, commissioning and start-up services for two international oil companies (IOCs) in Iraq. Th More… |
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New Saudi city to have 995,000 housing unitsSaudi Arabia's new Al-Faisaliah city project is expected to provide 995,000 housing units and accommodate 6.5 million people by 2050, reports said. Prince Khalid Al Faisal bin Abdulaziz, advisor to the Custodian of the Two Holy Mosques and governor of Makkah Region, yesterday More… |
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Union Properties names new CEOUnion Properties, one of the leading property investment developers in the UAE, has appointed Ahmed Yousef Abdulla Hussain Khouri as its new chief executive officer. A key player in the region, Union Properties has developed a diverse portfolio that consists of iconic landmarks i More… |
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Al Ghurair makes substantial power, CO2 reductionsAl Ghurair, the UAE-based industrial conglomerate, is registering substantial savings in power consumption and slashing an estimate of 10 per cent to 30 per cent of its carbon emissions through its various environmental sustainability initiatives. These significant reductions in More… |
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Seef Properties' H1 net profit surges 16pcBahrain-based Seef Properties has registered a net profit of BD5.2 million ($13.7 million) for the first half of 2017, up 16 per cent compared to BD4.5 million ($11.8 million) the same period last year. Announcing the results for the first six months, Seef Properties said its ope More… |
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China seals $1.5bn Iran rail line electrification dealExport-Import Bank of China (EXIM) signed a $1.5-billion deal to finance the electrification of a high-speed rail line between the Iranian cities of Tehran and Mashhad, said a report. China National Machinery Import and Export Corporation (CMC) will be responsible for the electri More… |
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Saudi Arabia sets up commission to develop historic sitesSaudi King Salman bin Abdulaziz has decreed the establishment of renovation commissions tasked with the development of two of the most important archaeological and historic sites in the Kingdom, Al Ola and Diriyah Gate. These two areas’ historic, cultural and architectural More… |
