Friday 30 September 2016
 
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Diyar Al Muharraq seals $366m project finance deal

Diyar Al Muharraq, one of the leading urban developers in Bahrain, has signed a Murabaha contract worth $366 million with a group of local banks in order to provide financial liquidity to develop the ‘Deerat Al Oyoun’ project.

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Qatar Rail completes Doha Metro tunnelling work

Qatar Rail has announced the successful completion of all tunneling work on the Doha Metro project with the final breakthrough taking place at Terminal One of Hamad International Airport (HIA) this week. The first tunnel boring ma

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Qatar Rail completes Doha Metro tunnelling work

Qatar Rail has announced the successful completion of all tunneling work on the Doha Metro project with the final breakthrough taking place at Terminal One of Hamad International Airport (HIA) this week. The first tunnel boring ma

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Enec completes 70pc work at UAE nuclear plant

Work is progressing well on the Barakah nuclear power project in Abu Dhabi, UAE, with about 70 per cent of the construction completed at all the four units of the plant, said a report, citing the Emirates Nuclear Energy Corporation (Enec).

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Enec completes 70pc work at UAE nuclear plant

Work is progressing well on the Barakah nuclear power project in Abu Dhabi, UAE, with about 70 per cent of the construction completed at all the four units of the plant, said a report, citing the Emirates Nuclear Energy Corporation (Enec).

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Enec completes 70pc work at UAE nuclear plant

Work is progressing well on the Barakah nuclear power project in Abu Dhabi, UAE, with about 70 per cent of the construction completed at all the four units of the plant, said a report, citing the Emirates Nuclear Energy Corporation (Enec).

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Al Salam sets up escrow account for Bahrain project

Al Salam Bank-Bahrain, a pioneering Shari’a-compliant lender in the country, has signed a partnership with UAE-based private real estate investment and development company Eagle Hills Diyar to form a real estate development escrow account

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Dubai group plans $300m tourist project in Australia

Dubai-based business conglomerate Najibi Group has announced its very first venture on Australia's Sunshine Coast - an A$400 million ($299.6 million) 'active lifestyle' destination, inspired by Asia's high-profile tourist hotspot

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Cairo developer eyes PPP project partnership

Egypt's El Mostakbal for Urban Development is in talks with two key regional players for setting up a public-private partnership project at its flagship mixed-use development, Mostakbal City, in Cairo, said a report. The agree

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Bahrain's main interchange project on track

Work is progressing well on the Jasra Interchange Revamp Project in Bahrain with the first phase on track for completion by the end of this year, said a ministry official. The Phase One of the project, which commenced in April, in

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