Tuesday, October 15, 2019

Arabtec Surges Amid Talks to Combine With Abu Dhabi’s Trojan

(Bloomberg) -- Arabtec Holding shares soared in Dubai after the company started talks to merge with Abu Dhabi-based Trojan Holding.The stock advanced as much...
Email

Knowledge Oasis Muscat to get its sixth building

Shumookh Investment and Services Company, the investment arm of the Public Establishment for Industrial Estates – Madayn has announced a tender for construction of...
Email

Galfar Bags $24mn Construction Contract for Khazaen Economic City

Oman’s Galfar Engineering & Contracting has been awarded the first construction contract for Khazaen Economic City, stated a media release. This is the first...
Email

Larsen & Toubro wins major contract in Oman

India’s construction conglomerate Larsen & Toubro said it has secured a major construction contract valued at Rs.4.3bn ($67mn) for a residential project in Oman....
Email

Galfar awarded subcontract worth US$16mn for work in Ras Markaz crude...

Galfar Engineering & Contracting, Oman’s largest multi-disciplined engineering, contracting and construction company, has recently been awarded a sub-contract for US$16mn from China Petroleum Pipeline...
Email

Oman’s Khazaen Economic City Detailed Master Plan Announced

The approval of the detailed master plan opens the doors to the next phase of attracting local and international investment to the economic...
Email

A versatile businessman

Hassan bin Ali Salman, chairman of Al Hassan Group of Companies, who passed away on January 23, was a respected figure in Oman’s business world. A versatile entrepreneur, Hassan...
Email

Saudi Arabia Awards Contracts for Megacity Neom’s Worker Housing

(Bloomberg) -- Saudi Arabia has awarded to two Saudi firms contracts to build worker housing for its futuristic mega-city called Neom, as plans for...
Email