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Cavendish Maxwell opens office in Oman
UAE-based Cavendish Maxwell has just opened an office in Muscat, Oman, according to a statement from the firm. The property consultant also announced the appointment of Khalil Alzadjali as head of its...
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Majid Al Futtaim to build $117m City Centre Sohar
Majid Al Futtaim, the UAE-based shopping mall, communities, retail and leisure developer operating across the Middle East, has announced the launch of a new project in Sohar, the capital of the...
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Samsung-Petrofac JV in line for $2bn Oman refinery contract
Samsung Engineering and Petrofac, in 50/50 joint venture (JV), are to be awarded a refinery project contract in Oman worth $2bn. The refinery is spread across a site of 2,000 acres, and work on the...
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Masdar signs EPC contract to build wind farm in Oman
Masdar has signed an engineering, procurement and construction (EPC) contract with a global consortium comprising GE and TSK to build the Dhofar Wind Power Project in Oman, according to WAM. The...
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Spanish group to open hotel in Jebel Sifah marina, Oman
An as yet unnamed Spanish group is planning to build a major hotel in Oman, according to The Times of Oman newspaper. The hotel is expected to be a 500-room property and will be located in Jebel Sifah,...
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Oman to build 5,000 new homes for expats
Oman plans to invest $10.39bn into developing new housing units for expatriates to purchase. Over 5,000 homes will be constructed under five Integrated Tourism Complex (ITC) projects, per a news report...
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Oman utility company plans wind resource assessment
Oman Power and Water Procurement Company (OPWP) says it plans to launch a wind resource assessment campaign. In line with this, utilities company has floated tenders asking for proposals from third...
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Mwasalat first to order “safest-ever” Lion’s Coach
MAN Truck & Bus Middle East has revealed it is currently delivering 33 state-of-the-art MAN Lion’s Coaches to Mwasalat, a government-owned public transport firm in the country. MAN Truck and Bus’...
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Petroleum Development Oman opens tender for 100MW solar plant
O&G exploration and development firm Petroleum Development Oman (PDO) has invited companies to participate in a competitive tender for a 100MW solar photovoltaic (PV) project in southern Oman. This...
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Genserv expects 10-15% improvement in Oman market by H2 2018
One of Oman’s biggest equipment distributors, General Engineering Services (Genserv), says that the market should see sharp growth by the second half of 2018. General manager Ahmed Rashed added he...
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Saipem awarded $750m refinery deal
Drilling services specialist Saipem has won an onshore engineering and construction contract from the Duqm Refinery and Petrochemical Industries Company in Oman. The contract is said to be worth $750...
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Majid Al Futtaim opens first community mall in Oman
Majid Al Futtaim says that it has opened its first community mall in the Sultanate of Oman. The My City Centre Sur mall represents a $40 million investment for the UAE retail operator and developer....
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MAN planning to launch CustomerFirst strategy in region
MAN Truck & Bus Middle East says it will soon launch a new initiative that uses customer feedback to continuously monitor the performance of MAN and its distributors. Called ‘CustomerFirst’, it is...
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How Hill International answered the Sultanate’s call
“The client’s brief for the projects has been achieved. They wanted state-of-the-art airports, and they’re going to get that. They’re not building airports to compete with the rest of the GCC, they are...
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Market Analysis: Oman in Perspective
The continuing recovery of oil prices, along with the introduction of natural gas production at the Khazzan gas field and the completion of the new Muscat International Airport are some of the factors...
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Mammoet complete huge lifting operation Oman’s biggest petrochemical project
Dutch heavy lifting and transportation company Mammoet says it has successfully completed the safe transport and installation of four 1,180-ton NGL bullet tanks for Oman’s biggest petrochemical...
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AccorHotels to open ibis Styles hotel in 2020
AccorHotels has signed a management agreement with master developer Oman Tourism Development Company (Omran). The deal will see the first ‘ibis Styles’ hotel open in the sultanate. The hotel will be...
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Oman construction sector has 2,410 active projects worth $190bn, BNC report...
Oman’s construction sector is witnessing robust activities with the value of the total 2,410 active projects in the Sultanate exceeding $190 billion in April 2018, according to a report by BNC Network,...
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Middle East to have flattest construction costs rise in 2018
Professional services firm Turner & Townsend forecasts that the Middle East will see the flattest increase in construction costs “as the effect of recovering oil prices takes time to translate...
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Aflaj International and Dentons form project JV for Muscat Hills
Law firm Dentons says it has advised Muscat-based real estate developer Aflaj International LLC on its role in respect of a new 11,000 sqm residential development within the Muscat Hills integrated...
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