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Business & Management

The Libyan HIB currently has a budget of US$36bn for construction of new homes, upgrading utility systems and other infrastructure developments in the country. (Image source: Wikimedia Commons)

US-based project management firm AECOM has won a US$209mn contract in Libya to act as lead manager for the government?s housing and infrastructure development programme in urban areas

The Atlantis hotel at the Palm Jumeirah, Dubai. (Image source: Christian van Elven/Flickr)

A unit of Dubai World has sold its Atlantis hotel situated in Palm Jumeirah to Investment Corporation of Dubai (ICD) for an undisclosed sum, to help the group with its debt repayments

The new venture in Qatar will intially be run by local businessmen. (Image source: jikatu/Flickr)

The Qatar Chamber of Commerce and Industry has announced plans for establishing a US$548mn venture that would focus primarily on the construction of industrial plants and related projects in the country

Aldar Properties headquarters at the Al Raha Beach, Abu Dhabi. (Image source: Aldar Properties)

The UAE?s Aldar Properties has raised US$750mn by issuing a five-year sukuk, its first capital markets transaction since its merger with Sorouh Real Estate in 2013

The Salalah-based fisheries company produces and exports canned tuna, sardines, pre-cooked frozen tuna, fish meal, fish oil and other related products. (Image source: Malias/Flickr)

UAE-based diversified group ANC Holding has announced that it will acquire a 39.2 per cent interest in Oman?s Dhofar Fisheries and Food Industries

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