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Saudi Arabia-based developer Dar Al-Arkan has listed a $500m sukuk on Nasdaq Dubai, taking its listed total on the exchange to $1.35bn
Source: New feed

The financing agreements cover the development of two community welfare projects in Bahrain, and were signed on the sidelines of the Joint Annual Meeting of Arab Financial Institutions
Source: New feed

Smart Automobile announces planned launch of amphibious Smart car capable of 15 knots and equipped with a refrigerator and ice bucket.
Source: New feed

Egypt-based contractor, Orascom Construction, has completed the Iowa Fertilizer Company project, a two-million tonne nitrogen fertiliser plant in the US
Source: New feed

The signing ceremony held on the second day of Cityscape Abu Dhabi 2017 saw the UPC ink a service level agreement that officially launches its CSR initiative
Source: New feed

The ten-year financing will be provided by Abu Dhabi Islamic Bank (ADIB), which was the mandated lead arranger and sole bookrunner for the transaction
Source: New feed

Source: New feed

Kansai Paint aims to open as many as 50 new distribution centres across the UAE, Saudi Arabia, and Qatar in the coming year
Source: New feed

Asteco has taken its total number of franchises in the GCC to 15, having entered into an agreement for its first master franchise in Saudi Arabia with RANCO’s Ma?ather for Real Estate Management
Source: New feed

Products are now being procured with longer-term contracts, thus changing supplier firms’ operations as well, Spark Electrical’s MD told ConstructionWeekOnline
Source: New feed