Sunday 24 May 2015
 
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Oman to award major power plant project

Oman Power and Water Procurement Company (OPWP) is set to sign agreements with a consortium comprising Mitsui & Company, Saudi-based Acwa Power and Dhofar International Development and Investment Holding Company (DDIC) for the development of

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Oman to award major power plant project

Oman Power and Water Procurement Company (OPWP) is set to sign agreements with a consortium comprising Mitsui & Company, Saudi-based Acwa Power and Dhofar International Development and Investment Holding Company (DDIC) for the development of

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Orpic borrows $910m from local, Gulf banks

State-owned Oman Oil Refineries and Petroleum Industries Co (Orpic) has taken out a RO350 million ($910 million), ten-year loan from local and regional banks, part of which will be used to fund expansion projects, the company said on Friday.

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Four new solar power pilot projects planned in Oman

Oman’s Rural Areas Electricity Company (Raeco) is planning to set up four solar power projects as pilot ventures, according to a report. It is aimed at efficiently utilising renewable energy, which will reduce use of fossil

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Four new solar power pilot projects planned in Oman

Oman’s Rural Areas Electricity Company (Raeco) is planning to set up four solar power projects as pilot ventures, according to a report. It is aimed at efficiently utilising renewable energy, which will reduce use of fossil

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Bahrain in bid to solve issue of stalled projects

Bahrain’s government has begun to take remedial and preventative action to end the dossier of stalled real estate projects, it was revealed yesterday (May 17). Deputy Prime Minister and head of the ministerial committee on c

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Al Barari launches new residential project

UAE-based developer Al Barari has announced the launch of Ashjar 2, a collection of 84 exclusive residences that offer the best of community and family living combined with world-class facilities in Downtown Dubai. Ashjar (trees i

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Dubai Properties in key residential units sell-out

Dubai Properties, a leading real estate developer, said it has sold out all the units at its upscale property Arabella Townhouses which was put out for sale yesterday at its sales and customer care centre, Ras Al Khor. The sales w

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Bin Faqeeh has ‘$500m investment in projects’

Bahrain-based privately held real estate developer Bin Faqeeh has $500 million invested in ongoing and completed projects, it has emerged. The company's property consultant Mohamed Fareed Alawadhi told the Gulf Daily News

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New Galali waterfront project approved in Bahrain

A new waterfront development near Galali has been approved by Bahrain’s Works, Municipalities and Urban Planning Affairs Ministry. The project was proposed by the Muharraq Municipal Council and has now been referred to the L

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