The Abu Dhabi subsidiary of the Oman-headquartered contracting company Al Hassan Engineering Co has filed for liquidation at the Abu Dhabi Judicial Department
Source: New feed
Month: April 2018
Saudi Binladin receives $2.9bn government loan
Saudi Binladin Group has received a $2.9bn loan to help revive the company, with further cash transfers possible in the near future
Source: New feed
First movie theatre in Saudi Arabia inaugurated
Located in Riyadh?s King Abdulla Financial District, Saudi Arabia’s first cinema hosted a special screening of the Hollywood film Black Panther
Source: New feed
Nakheel reportedly in talks to build new UAE malls
Nakheel is pushing out of Dubai to build in other UAE emirates such as Sharjah, marking a major change in its strategy to date
Source: New feed
Bahrain green-lit to build government research lab
Agricultural research centre will study soil degradation, water use, and food security
Source: New feed
OPWP signs deals for Oman's $156m Salalah water desalination plant
The plant?s engineering, procurement and construction contract has been awarded to a consortium of Fisia Italimpianti and Abeinsa Infraestructuras Medioambiente
Source: New feed
Kuwait oil giant to build two refineries
Kuwait will invest in infrastructure, so it can achieve the government’s target of refining two million barrels of crude oil per day
Source: New feed
Volvo unveils first commercial electric truck
Sales and series production of the new Volvo FL Electric model will begin in Europe next year
Source: New feed
Alba’s Line 6 project to use world’s largest rectifier transformer
The world?s largest rectifier transformer has been delivered to the site of Alba?s Line 6 expansion project
Source: New feed
SNC-Lavalin wins Saudi Aramco gas plant installation deal
SNC-Lavalin has been awarded a multi-million dollar contract by Saudi Aramco to install additional facilities for a major gas processing facility in Saudi Arabia?s eastern province
Source: New feed