Saudi Arabia's Dar Al Arkan Real Estate Development Company is aiming to sell a benchmark-sized Islamic bond, or sukuk, this week after announcing initial price thoughts for the dollar-denominated deal, a document from lead managers said on M
Bahrain will spend more than BD20 million ($52.75 million) on new infrastructure projects in the kingdom, said a senior government official.
"The government has agreed today to spend BD14.5 million on 21 tenders, while BD5.7 million will be spent on 16 new projects that incl
Bahrain has launched a major project to revamp residential areas across the kingdom, which will benefit 10 dilapidated districts, a report said.
The project was unveiled as HRH Prime Minister Prince Khalifa bin Salman Al Khalifa chaired the weekly Cabinet meeting, according to th
Thousands of workers employed by Dubai's largest construction firm, Arabtec, stayed away from work on Sunday to back wage demands, a rare labour protest in the emirate, where trade unions are banned, staff said.
Schneider Electric, the global specialist in energy management, has launched its complete range of off-grid solar and backup power products for residential and small commercial spaces.
These products are targeted at the region's residential, commercial and off-grid solar and
The huge influx of investments in business enterprises and industrial projects at King Abdullah Economic City (KAEC) have resulted in a surge in demand for residential accommodation for employees and workers, said a senior official.
KAEC is the most prominent among a series of 'eco
The real estate prices in troubled areas of the kingdom could witness further declines, warned a Bahrain property expert.
Land prices and rents in the Northern Governorate have fallen 40 to 60 per cent due to security issues, stated Nasser Al Ahli, the chairman of Bahrain Real Es
A Shortage of ministry staff is crippling development projects across Bahrain, said a report citing a top government official.
Eight public parks, three walkways and several coastal developments have been affected by the delays, some of which date back to last year, reported the
Dubai World Central (DWC), the world’s first purpose-built aerotropolis, has announced new developments at its Logistics District, including the start of construction on the fourth complex of agent warehouses.
Covering a total area of almost 8,700 sq m, with 5,443 sq m for
Arabtec Holding has announced the appointment of Peter Roche as chief human resource officer to lead the overall strategic direction and business contribution of the human resources department at Arabtec Construction.
Roche will lead Arabtec Construction’s HR function at a