The total value of contracts awarded in the GCC countries reached a new record in 2024. GCC project awards saw a 9.6% year-on-year increase, totalling $273.2bn, compared to $249.4bn in 2023, according ...

OQ Group on Monday announced a significant milestone in the development of Ladayn Polymer Park, as three pioneering companies ...

OMAN: UAE to Oman railway project promoter Hafeet Rail has awarded contracts for the construction of two freight facilities ...

Jindal Shadeed Iron and Steel (JSIS) hosted an event at its Sohar Port facility on Tuesday showcasing the potential use of steel slag as a sustainable alternative in commercial construction ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

After increasing in 2023 and 2024, construction spending for nonresidential buildings is projected to slow dramatically in 2025 and 2026. After increasing by almost 20% in 2023 and another 6% last ...

Construction output estimates are monthly estimates of the amount of output chargeable to customers for building and civil engineering work done in the relevant period, excluding Value Added Tax (VAT) ...

Muscat: Construction work on Oman’s first “scientific and economic space zone”, formally known as Zone 88, has commenced at a designated site the Special Economic Zone in Al Duqm, according Eng Bahiya ...

Adanté Realty, the real estate arm of Oman’s renowned Al Adrak Group, has officially launched Yenaier Residences, a landmark project in Sultan Haitham City, Oman’s first smart city. The unveiling took ...

Starting this January, Oman has implemented a 15% top-up tax on large multinational enterprises to align with the Organization for Economic Co-operation and Development’s Two-Pillar Solution ...