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Oman, Saudi Arabia completes 680km road through the Empty Quarter
The road linking Oman and Saudi Arabia will be completed by the end of 2018, said the Saudi ambassador in Oman, according to a report from the Times of Oman. The 680 km road had 130 million cu m of...
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Foundation laid for Oman’s $130mn Barka Marina Project
Oman recently announced the commencement of its 11.5ha Barka Marina project worth $130 million in the Wilayat of Barka, Oman. The project will consist of multiple stages and is said to open by 2022....
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Al Arami Boulevard site visit: Setting the Benchmark in Oman
According to a report released earlier this year by BMI, a unit of Fitch Ratings, the sultanate of Oman is expected to see growth in its economy this year and the next, thanks to a variety of factors,...
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Japanese-Oman conglomerate Marubeni wins contract to build Oman solar plant
Petroleum Development Oman (PDO) has awarded a contract to build a 100MW solar photovoltaic (PV) plant to The Marubeni Consortium. Marubeni is a Japanese-Omani consortium comprising of Japan’s Marubeni...
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Oman Oil Company and Kuwait Petroleum agree $4.6bn project financing for Duqm...
Oman Oil Company and Kuwait Petroleum International, two leading regional energy groups, have announced the signing of a $4.61 billion multi-source project financing deal for the development of a...
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Oman unveils Dubai Expo 2020 pavilion
Oman has officially released the design of its pavilion for the global Dubai Expo, which will be held in the year 2020. The pavilion is themed ‘Oman, Opportunities over time’, and is inspired by the...
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Omran and Majid Al Futtaim lay foundation stone for Madinat Al Irfan
Oman Tourism Development Company (Omran) and Majid Al Futtaim have laid the foundation stone for the $13bn Madinat Al Irfan project. The project is dubbed as Muscat’s new ‘City for the Future’ and is...
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Apicorp signs $100mn construction deal with Duqm Refinery
The Arab Petroleum Investments Corporation (Apicorp) has announced a funding of $100 million for the construction of Duqm Refinery, a joint venture between Kuwait Petroleum International and Oman Oil...
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Masdar installs Dhofar Wind Power Project’s first wind turbine in Oman
Masdar has completed the installation of the first of 13 turbines at the 50 megawatt (MW) Dhofar Wind Farm. Located in the southern Omani governorate of Dhofar, the project is being financed by Abu...
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Suhar Mall ready for January opening in Oman
Husam Al Mandhari, senior mall manager, Oman, Shopping Malls at Majid Al Futtaim – Properties, told senior Omani officials that the $117 million City Centre Suhar mall development will be ready to open...
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Madayn awards contract worth $10.36mn for Raysut Industrial City
Madayn, Oman’s Public Establishment for Industrial Estates has signed an agreement with Al Hashemi and Al Rawas Trading and Contracting Co for the infrastructure development project for Raysut...
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Oman’s Haya Water sewage plant expected to begin operations in Q3
Oman Wastewater Services Company (Haya Water) has said that construction work is progressing at pace on its new sewage water treatment plant in the Darsait area of the sultanate. The plant is being...
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Site Visit: The Waterfront
One of the biggest frustrations facing commercial renters in Muscat is the lack of grade A office space in the city. While there are plenty of B and C grade options to choose from, there is significant...
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Siemens wins $228.3mn contract from Oman government
Siemens has been awarded a $228.3 million contract from the Oman government for the supply of turbines, power generation services and digital solutions at the Duqm Integrated Power and Water project...
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Oasis Trading and Equipment extends into Sohar
Al-Bahar through their sister company, Oasis Trading and Equipment Co. L.L.C., have opened their newest branch in the region in the Omani industrial city of Sohar, north of the capital Muscat. The new...
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Al Raid lays foundation stone for Al Araimi Walk in Oman
Al Raid Group has said that it has laid the foundation stone for its $290m Al Araimi Walk. The project will be a major shopping, entertainment and tourist destination in Oman, according to a report by...
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BP Oman renews Khazzan gas field contract with Veolia
BP has announced that it has renewed a five-year contract with Veolia Middle East for a reverse osmosis raw water treatment plant at the Khazzan gas field. The operations and maintenance (O&M)...
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LTHE wins Tawfiq Coke Products deal
Larsen & Toubro Hydrocarbon Engineering Limited (LTHE) has been awarded a major deal from Taqfiq Coke Products in Oman. The deal is estimated to be worth between $362 million to $723.4 million and...
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Muscat bans construction from dusk-to-dawn on public holidays
As per amended rules issued by Muscat Municipality, no construction and maintenance activities, including excavation and demolition, can be undertaken from dusk-to-dawn in Oman’s capital city on public...
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Eagle Hills opens new sales office in Muscat
Eagle Hills Abu Dhabi and Izz International’s Eagle Hills Muscat has opened a new sales centre in Oman as formally launches the sale of units at the The Residences at Mandarin Oriental, Muscat. Eagle...
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