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Masdar to build $125mn Oman wind farm

Masdar, Abu Dhabi’s renewable energy company, has signed a joint development agreement with the Rural Areas Electricity Company (RAECO) to build the first large-scale wind farm in the Gulf Cooperation Council (GCC). Read more at constructionweekonline.com/article-30816-masdar-to-build-125mn-oman-wind-farm/

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Dar Al-Arkan to spend $267mn on 2015 projects

Dar Al-Arkan Real Estate Development Co has revealed plans to spend over SR1bn ($267mn) on projects in 2015. And chairman Yousef Al-Shelash said the target was to achieve 10% growth next year, mainly from the local real estate market. Read more at constructionweekonline.com/article-30829-dar-al-arkan-to-spend-267mn-on-2015-projects/

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