- DOHA, QATAR – The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in February in the country amounted to US$382 million (QR 1,391,961,588). The data of the real estate analytical bulletin issued by the Ministry of Justice revealed...
ADNOC awards $946m EPC contract
The contract awarded to NPCC for the development of Umm Shaif field.NMDC wins $354m contract
The contract is for the Shamal Development marine works.Samsung bags Aramco project
Samsung Engineering has bagged a $1.23 billion contract from Aramco to develop Jafurah Gas Process Package 1, a major project that marks the first shale gas development in Saudi Arabia.Etihad bags maintenance contract
The contract involves Virgin Australia's Boeing 737 fleet.Investment Group signs share swap contract with Elegancia
Investment Holding Group Q.P.S.C. has signed a share swap contract with the sellers of the shares of Elegancia Group LLC as part of its acquisition of the company.UAE updates labor law for private sector
The new decree-law is expected to, among other things, regulate job contracts and give workers more rights.Jadwa says Saudi fiscal budget deficit might contract this year
Saudi Arabia might see a contraction in fiscal budget deficit this year, according to Riyadh-based Jadwa Investment.Safari lands Saudi contracts
The contracts pertain to managing the King Fahd Causeway.GDP of Arab economies down 3.8 percent: World Bank
The region’s average real GDP per capita is forecast to increase by only 1.1 percent in 2021 after declining an estimated 5.4 percent in 2020.ESG wins $12.5m contract for upkeep of Abu Dhabi’s Corniche Road
Emirates Stallions Group, a subsidiary of the International Holding Company (IHC,) has secured a $12.5 million contract from the Abu Dhabi City Municipality to manage the landscaping and upkeep of Corniche Road.Aramco bags one-year contract to market Guyana’s crude oil
Aramco has bagged a one-year contract from Guyana to market the crude oil produced in the South American country.Saudi Arabia awards $95.4m contract to manage Riyadh water services
Saudi Arabia has awarded a $95.4 million contract to a consortium to manage water services and environmental treatment in Riyadh.Lebanon to order central bank forensic audit soon
Lebanon's outgoing finance minister Ghazi Wazni has told reporters that auditing firm Alvarez & Marsal would be signed on within days to conduct the audit into Banque du Liban, which is currently headed by its governor Riad Salameh.DFM to unveil new equity futures contracts
In order to diversify investment opportunities, the Dubai Financial Market (DFM) will roll out new equity futures contracts on individual stocks of three listed companies.Zamil Industrial unit wins AC deal
The contract is to supply AC systems to Saudi schools.Qatar Petroleum begins expansion
It has awarded an contract to Madrid-based Técnicas Reunidas.Flyadeal ropes in Airbus to support its A320 fleet
The Saudi low fares airline, flyadeal, has signed a long-term Flight Hour Services (FHS) agreement with Airbus to support its A320 fleet.ADNOC Invests $187m to raise Al Nouf oilfield’s capacity
The investment is a step towards achieving the 5 million barrels per day oil production capacity target by 2030, the company said.Halliburton wins chemicals services contract in Oman
Halliburton has signed a contract to provide production chemicals and associated services for a large international oil company in OmanNPCC bags $744 million contract for Abu Dhabi offshore project
The contract to the UAE-based company was awarded by Al Yasat Petroleum Operations Company The company will engage in the full field development of the Belbazem Offshore Block in Abu Dhabi. National Petroleum Construction Company (NPCC) said it has bagged a $744 million engineering, procurement and construction (EPC) contract...Abu Dhabi Ship Building wins $952m UAE Navy contract
The company will build four Falaj 3-class Offshore Patrol Vessels used to carry out a wide range of missions Chairman Khalid Al Breiki calls the order, company's biggest ever, a 'resounding vote of confidence' from the Ministry of Defense, UAE Navy Abu Dhabi Ship Building (ADSB), a leader in the...























