US-based ConocoPhillips, the world’s largest independent E&P company based on production and proved reserves, has agreed to sell oil sands and western Canadian natural gas assets to Cenovus Energy for C$17.7 billion ($13.3 billion).
Egypt's Arab Contractors Company has won a KD170 million ($561.4 million) contract from the Kuwait ministry of public works to develop the strategic Nuwaiseeb Road.
Carnan Properties, a US-based luxury real estate development brokerage, will be showcasing its diverse commercial developments and residential high-rise portfolio at the upcoming International Property Show in Dubai.
Bahrain Cinema Company (Cineco), market leader in the entertainment industry in Bahrain, reported a net profit of BD4.87 million ($12.92 million) for the financial year ended December 31, 2016.
The Mall will be in full bloom from March 30 – April 22, during its Spring Festival with an array of activities and mall wide entertainment for all the family to enjoy including unique live performances.
Oman government has finalised a draft regulation for listing real estate investment trust (REIT) funds and is now awaiting final approval from certain ministries, such as the Ministry of Housing, said a report.
Ramada Downtown Dubai has been recognised by Wyndham Hotel Group as Brand Champion in the Midscale and Upper Midscale category in the EMEA region for the year 2016.