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Abu Dhabi office market to face weak yields into 2018 The report highlights the reduction of headline rents across Abu Dhabi.

Abu Dhabi office market to face weak yields into 2018

Abu Dhabi’s office market has continued to face weak rental yields in 2017, a segment that is expected to remain under pressure in the coming year


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Wärtsilä to build 52MWp solar PV power plant in Jordan

Wärtsilä to build 52MWp solar PV power plant in Jordan

The technology group Wärtsilä  has signed an EPC contract to supply a 52 MWp solar photovoltaic (PV) power plant in Jordan
 
Zaha Hadid-designed ME by Meliá to debut in Dubai by Q4 2018

Zaha Hadid-designed ME by Meliá to debut in Dubai by Q4 2018

Spanish hotel brand ME by Meliá will make its Middle East debut by the end of 2018 as the newest lifestyle hotel in Dubai’s Business Bay district
 
Lootah Real Estate gives progress update on $136m Dubai project

Lootah Real Estate gives progress update on $136m Dubai project

Lootah Real Estate Development announced the completion of 47% of the construction work on three new G+2 residential buildings within the Ewan Residences community in Dubai
 
Haya Water plans to invest $2bn in Oman by 2022

Haya Water plans to invest $2bn in Oman by 2022

Oman-based Haya Water plans to invest $2bn (OMR1bn) over the next four years to 2022
 

 

Petrofac extends Iraq oil contract with $160m award

Petrofac extends Iraq oil contract with $160m award

Iraq's Basra Oil Company has extended its O&M contract with Petrofac for a period of two years, it was revealed
 
Petrofac wins $800m contract for BP's Khazzan Phase 2 in Oman

Petrofac wins $800m contract for BP's Khazzan Phase 2 in Oman

The deal follows the $1.4bn Phase 1 CPF Khazzan project's contract, awarded to Petrofac in February 2014
 
DWTC's One Central to host region's first 25Hours hotel brand

DWTC's One Central to host region's first 25Hours hotel brand

Newly-developed hospitality brand, which was conceptualised in Germany, is set to make its debut for the first time outside Europe
 
Gemini breaks ground on 29-storey residential project in Dubai

Gemini breaks ground on 29-storey residential project in Dubai

Gemini Property Developers has broken ground on the construction of its 29-storey Symphony tower in Dubai’s Business Bay
 
Gate Avenue at DIFC reaches 85% completion

Gate Avenue at DIFC reaches 85% completion

Construction on the $1bn Gate Avenue project in Dubai International Financial Centre (DIFC) is now 85% complete
 
Saudi developer launches $218m project with Roberto Cavalli in Dubai

Saudi developer launches $218m project with Roberto Cavalli in Dubai

Saudi-based real estate developer Dar Al Arkan has launched its first international project with a $218m (AED800m) Roberto Cavalli designed residential development in Dubai
 
Saudi Arabia signs $2.4bn contracts for Makkah water projects

Saudi Arabia signs $2.4bn contracts for Makkah water projects

Saline Water Conversion Corporation has signed several deals to increase water supply to some governorates in the Makkah region
 
DEWA inaugurates 1MW solar panel plant

DEWA inaugurates 1MW solar panel plant

The MD and CEO of Dubai Electricity and Water Authority (DEWA), HE Saeed Mohammed Al Tayer, inaugurated a 1MW photovoltaic solar plant at the food processing unit of Emirates Modern Poultry Co. (Al Rawdah) at Al Marmum in Dubai
 
Majis Industrial launches Phase 2 of $31m waste plant in Oman

Majis Industrial launches Phase 2 of $31m waste plant in Oman

Majis Industrial Services has launched the second phase of its central plant for the treatment and recycling of liquid industrial waste in the port of Sohar
 
Putin and Sisi oversee deal to build $21bn nuclear plant in Egypt

Putin and Sisi oversee deal to build $21bn nuclear plant in Egypt

The acts to begin work on the project's general construction contract, as well as the contract for the supply of nuclear fuel to the plant, were signed in Cairo
 
Oman-listed Galfar wins $15m Petrofac EPC contract

Oman-listed Galfar wins $15m Petrofac EPC contract

The sub-contract awarded to Galfar relates to the Salalah LPG Extraction project, for which Petrofac was awarded a $600m contract this January
 



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