Oman's rail project to cost over $5 billion
The Sultanate's ambitious national railway project is estimated to have a capital expenditure of $5.305 billion for the 1,061 kilometers...
Infrastructure
$4.3 trillion construction projects in MENA boost demand for integrated FM solutions
Imdaad, the leading provider of integrated facilities management solutions in the GCC, has revealed recently that the company expects the...
SR444 million water and electricity projects signed
The Minister of Water and Electricity, Eng. Abdullah bin Abdulrahman Al-Hossein, has signed 21 contracts to implement several water and...
Increase in Saudi cement demand stirs sector growth in Gulf
Cement demand in Saudi Arabia grew strongly by 12.6 percent YoY in 1H12 to 28.0 million tons reflecting the increasing...
Australian company seeks to establish Metro in Basra
An Australian company has presented a plan to the Basra Investment Commission to set up metro in the southern Basra,...
Qatar luring investors to its multi-billion construction market
Qatar’s construction sector prospects seem increasingly bright following its successful bid to stage the FIFA 2022 World cup. The country...
Lebanese tourism sector continues to attract investment
Lebanon’s tourism sector is still attracting investments, Nabil Itani, head of the Investment Development Authority of Lebanon said, adding that...
Saudi Ports Authority signs $4.8 billion development contracts
The President of Saudi Ports Authority Eng. Abdulaziz Al-Tuwaijri has signed two contracts to develop the master plans for Saudi...
Kuwait's Al Mazaya eyes new educational, medical real estate projects
Kuwait's property developer Al Mazaya Holding Co. is studying a number of new real estate projects in the educational and...
GCC cement sector profits up 27%
Profits of the cement sector in the Gulf Cooperation Council (GCC) countries increased by 27.1 percent on a year-on-year basis...
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