Clik here to view.
Tabreed reports net profit of $24mn for Q1, 2022
The National Central Cooling Company (Tabreed) has reported a net profit of US $24mn for the first quarter, up 3.1% over the same period last year. The company’s revenue increased by 17% to hit...
View ArticleClik here to view.
Aqar launches new high-end integrated residential complex in Oman
Oman-based Al Khonji Real Estate & Development (Aqar) has launched its high-end integrated residential complex, Rimal 2. It is being developed near the dunes of the Bausher area, will feature a...
View ArticleClik here to view.
Alargan Towell Investment Company begins work on Phase One of Al Nakheel ITC
Oman’s Alargan Towell Investment Company has said that work is set to start on Phase One of its mixed-use development, Al Nakheel Integrated Tourism Complex (ITC), which will feature international...
View ArticleClik here to view.
Upgrade of Oman Avenues Mall on schedule says Al Taher Group
The four-phase upgrade of Oman Avenues Mall is on track according to Oman-based Al Taher Group. The redevelopment of the retail and leisure destination includes large-scale infrastructure enhancements...
View ArticleClik here to view.
Oman ministry inks $95.8mn in land development deals with private sector
23 land development (usufruct) agreements worth $95.8mn have been signed by several private sector companies and Oman’s Ministry of Housing and Urban Planning. The agreements are said to cover various...
View ArticleClik here to view.
Oman’s 1,800m long zipline could be operational by Q4, 2022 says official
65% of construction works have been completed on Oman’s longest zipline. Work is said to be progressing at a steady pace on the project, which runs from the top of a mountain to the Atana Khasab Hotel...
View ArticleClik here to view.
Oman’s Khimji Ramdas Group to support the construction of a new vocational...
Khimji Ramdas Group (KRG) has said that its social development arm, ESHRAQA, will be supporting the construction of a new vocational centre for the Association of Early Intervention for Children with...
View ArticleClik here to view.
IKEA to open first flagship store in Sultanate at Oman Avenues Mall
IKEA said it will open the doors to its first flagship store at Oman Avenues Mall on June 19, 2022. The two-storey, 25,000sqm outlet will include ‘cutting-edge customer experience technology and will...
View ArticleClik here to view.
Muriya launches residential development in Hawana Salalah in Dhofar, Oman
Fanar Views has been launched by Oman-based developer Muriya. The residential development is billed as a first-of-its-kind free-hold residential project primely located in Hawana Salalah, in the...
View ArticleClik here to view.
Hitachi Construction Machinery marks 45 years with Al Fairuz Trading and...
Hitachi Construction Machinery Middle East Corporation FZE (HMEC) recently presented an award to Al Fairuz Trading and Contracting Co. LLC for completing 45 successful years of association. Al Fairuz...
View ArticleClik here to view.
Dar Al Arkan eyes aggressive regional and international expansion
By any measure, the year 2022 has been a mammoth one for Dar Al Arkan, the Saudi Arabian real estate developer. The first eight months of the year has seen the Kingdom’s largest listed developer...
View ArticleClik here to view.
Oman’s Rakiza receives capital commitment of $298mn from Saudi’s PIF
Rakiza, the Omani private equity infrastructure fund investing in the Sultanate and Saudi Arabia, has received a capital commitment of $298mn from the Saudi Public Investment Fund (PIF). Co-managed by...
View ArticleClik here to view.
Johnson Arabia completes installation and erection work for date processing...
Johnson Arabia has completed works for Oman’s largest date processing factory. Based in Nizwa, the complex is being developed by Nakheel Oman Development Company and is designed to receive, store,...
View ArticleClik here to view.
Johnson Arabia completes works on calcined petroleum coke plant in Oman
Reflecting a busy time for the rental company in the region, Johnson Arabia said it has completed steel structure erection and roof installation work as part of the Sohar Sanvira Coke Calcined project...
View ArticleClik here to view.
Oman’s $175mn Botanic Garden on track for completion in 2023
Oman’s $175mn Botanic Garden is said to be on track for completion by the end of 2023. The project, which is billed as a first of its kind for the country, is being delivered by more than 700...
View ArticleClik here to view.
Gallery: The $175mn Oman Botanic Garden
Read more: Oman’s $175mn Botanic Garden on track for completion in 2023 Major milestone reached on Oman Botanical Garden project City of the future, Saudi Arabia’s ‘The Line’ revealed The post...
View ArticleClik here to view.
Bank Nizwa signs $650mn agreement with Palm Beach for Al Nakheel project
Bank Nizwa has signed a US $650mn agreement with Palm Beach for the Al Nakheel Project, an integrated tourism complex that will be developed by Alargan Towell Investment Company in Oman. The Al Nakheel...
View ArticleClik here to view.
SHA completes Phase One of Hajar tourism project in Oman
Stirling Hospitality Advisors (SHA) has announced the completion of Phase One of its mixed-use Hajar masterplan project in Oman. In a statement, SHA said that the four-phase project was launched in...
View ArticleClik here to view.
OPWP invites bids for development of Ibri III solar IPP
The Oman Power and Water Procurement Company (OPWP) has invited bids from leading global companies to provide technical consultancy services for the development of the Ibri III solar independent power...
View ArticleClik here to view.
GUtech 3D prints three structures in eight days in Oman
The German Technology University of Oman (GUtech) says it 3D printed three structures in record time in Duqm, the special economic zone of Oman. The university says it 3D printed a coffee shop (said to...
View Article