Wednesday 26 November 2014
 
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New delays hit $7bn Aramco refinery project

A contract disagreement between Saudi Aramco and South Korea's SK Engineering & Construction is delaying construction of a 400,000-barrel-per-day oil refinery in Jizan in southwest Saudi Arabia, industry sources said. Desp

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Row with Korean builder hits refinery project

A contract disagreement between Saudi Aramco and South Korea's SK Engineering & Construction (SK E&C) is delaying construction of a 400,000-barrel-per-day (bpd) oil refinery in Jizan in southwest Saudi Arabia, industry sources said.

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NBAD inks $489m finance deal for UK luxury project

The National Bank of Abu Dhabi (NBAD) said it has completed a Dh1.8 billion ($489 million) financing deal with UAE-based Abu Dhabi Financial Group for one of the largest redevelopment projects in prime Central London, UK. The 1 Pa

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RAK Properties awards Al Tameer contract for villas

Rak Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has announced that Al Tameer Group has been awarded a contract for the construction of its residential project Bermuda Villas in Ras Al Khaimah, UAE.

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ICT Fund invests $435m in projects in the UAE

The Information and Communication Technology (ICT) Fund, which works under UAE’s Telecom Regulatory Authority (TRA), has invested more than Dh1.6 billion ($435.5 million) in the last six years in the ICT sector, according to a report.

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27 major investment projects unveiled in Yanbu

As many as 27 major investment projects, including hospitality projects, were recently unveiled in Saudi Arabia's industrial city of Yanbu, the kingdom’s Municipal and Rural Affairs Minister said. The projects include a touris

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27 major investment projects unveiled in Yanbu

As many as 27 major investment projects, including hospitality projects, were recently unveiled in Saudi Arabia's industrial city of Yanbu, the kingdom’s Municipal and Rural Affairs Minister said. The projects include a touris

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27 major investment projects unveiled in Yanbu

As many as 27 major investment projects, including hospitality projects, were recently unveiled in Saudi Arabia's industrial city of Yanbu, the kingdom’s Municipal and Rural Affairs Minister said. The projects include a touris

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Nakheel signs up Vox Cinemas for Palm Jumeirah mall

Leading regional developer Nakheel has signed a partnership deal with the Middle East’s leading cinema and entertainment destination - Vox Cinemas - for its upcoming mall project on the Palm Jumeirah in Dubai, UAE. Occupying a two

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Impact named agent for Bahrain villa project

Bahrain-based Al Matrook Development has signed up Impact Real Estate to carry out sales and marketing activities for a part of its exclusive sea-front residential project 'The Address Homes' located in the kingdom's Amwaj Islands.

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