$1.333 billion sanctioned to build 12,400 homes in Saudi Arabia
More than 12,400 housing units will be constructed in different parts of the Kingdom shortly as the Real Estate Development...
Infrastructure
Additional plans to expand Port of Beirut
For the second year in a row, the Port of Beirut is witnessing a phase of rapid growth and expansion...
$5.5 billion malls to come up in Qatar
Qatar will soon have more cozy shopping malls and commercial complexes with at least nine such facilities costing a whopping...
Construction permits in Lebanon up 13.8% y.o.y. during November
The number of construction permits issued up until November 2012 diminished by 1.25% year-on-years to 16,681, data from the Order...
Sama Beirut and Waterfront City megaprojects in Lebanon still on track
Two major luxury real estate developers said that their Lebanon projects were still on track in spite of economic challenges...
$77 million to boost infrastructure projects in Jubail
The Royal Commission for Jubail and Yanbu (RCJY) has signed two contracts worth $77 million for the development of infrastructure...
Inter-GCC rail to cost $16 billion
Gulf oil producers are expected to pump nearly $16 billion into an ambitious project to construct a rail way linking...
Saudi real estate to grow by 20%
A pivotal change in the Saudi real estate market is expected in 2013, according to a number of financiers and...
Bahrain to spend $2.5 billion on infrastructure
Bahrain will spend more than $2.5 billion on infrastructure projects including major road networks and construction in the next 10...
Arabtec wins $653 million Louvre Abu Dhabi contract
Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, has awarded...
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