ABB wins $115 million order to support Saudi rail network
ABB said on it has won an order worth around $115 million from Saudi Electricity Company 5110.SE to improve the...
Infrastructure
A new cement factory to be constructed soon in Iraq
Nigeria’s richest man, Aliko Dangote has revealed his intentions to expand his Dangote Cement Company beyond Africa and into Myanmar...
KSA needs $347 billion to build 2.4 million new houses
Saudi Arabia needs SR1.3 trillion ($347 billion) investment to construct 2.4 million housing units between 2011-2020, the National Commercial Bank...
Oman spending $8b on road infrastructure
Oman and Bahrain round off the regional appetite for road and bridge spending, with $8 billion of projects in various...
Developed industrial land in Saudi Arabia to hit 160 million sqm by 2015
Saudi Industrial Property Authority (MODON), government agency responsible for developing and supervising industrial lands in the Kingdom, forecast that developed...
$125 million to build 182 schools in Iraq
Azzaman reports that Iraq’s Ministry of Education has allocated $125 million to build 182 schools in four Iraq provinces. 98...
Dubai reveals plan to build new mega mixed use project
Dubai Municipality said it is planning to build a major mixed use development in Garhoud, spread over more than one...
Construction sector poised to take-off in Kuwait
The construction industry in Kuwait is poised for significant growth on the back of major government investment in infrastructure projects...
Iraq’s construction sector to grow by 8% annually
Business Monitor International maintained its forecast of 7.9% average real growth for Iraq's construction sector between 2013 and 2017, despite...
Work on 500,000 houses in Saudi Arabia to start soon
The Ministry of Housing will start implementing the second phase of the project of Custodian of the Two Holy Mosques...
The resource of credible, industry-specific updates