Omani real estate developer Taameer Investment Company has announced the launch of a US$40 million residential and commercial development in Muscat
Construction
UAE to invest US$35 million in construction projects
The UAE government has said it will invest AED130 million (US$35.3 million) in a number of construction projects across the country as it attempts to provide better living conditions for its citizens
Saudi awards Jeddah airport contract to Habtoor Leighton JV

HLG says the Jeddah airport project is strategically a very important venture. (Image Source: HLG Group)
Habtoor Leighton Group (HLG) and its joint venture (JV) partners TAV Construction and Al Rajhi Holding have won a US$765 million contract to redevelop Jeddahs King Abdulaziz International Airport
UAE nuclear plants construction to start in July
Korea Electric Power Corp (KEPCO) has announced that construction work on four UAE nuclear power plants will commence on July 1, 2012
Bayer MaterialScience working on sustainable construction solutions
WSP Environment and Energy and Bayer MaterialScience AG have signed an agreement to collaborate in building energy-efficient buildings.