Food-store retailer Spar International has partnered with Oman’s diversified business group Khimji Ramdas to open nine of its supermarkets in the sultanate by 2016

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

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 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

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